977 Valencia St - Apartments FOR SALE


Costa Mesa, CA 92626
$1,899,000 USD
949-996-4785
977 Valencia St, Costa Mesa, CA for Sale
$1,899,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

977 Valencia St
Costa Mesa, CA 92626


HIGHLIGHTS

  • Recent Capital Improvments
  • Fantastic Unit Mix
  • Located Near Freeways, Shopping and Dining

OVERVIEW

Gould Group proudly presents 977 Valencia Street is a well-maintained four-unit property. The unit mix includes (1) 3BR/2.5BA TH, (1) 2BR/1.5BA TH, (1) 2BR/1BA, and (1) 1BR/1BA unit. Capital improvements in the last 10 years include new windows, a new roof, updated hardscaping, and tankless water heaters for all units. A large community courtyard provides a welcoming space for tenant relaxation, while select units feature private patios. The property also offers ample parking with six single-car garages, one additional off-street space, and a shared community laundry room for added convenience. Conveniently located, this property is just minutes from premier shopping and dining destinations like South Coast Plaza, The Camp, and The Lab, offering tenants a vibrant lifestyle. Its proximity to major freeways ensures effortless commuting and easy access to the broader Orange County area. With its modern upgrades, prime location, and desirable unit mix, 977 Valencia Street represents an outstanding opportunity for investors seeking a turnkey asset in one of Costa Mesa’s most dynamic neighborhoods.

FOR SALE DETAILS

PRICE

$1,899,000 USD

PRICE/SF

$468 USD /SF

# OF UNITS

4

PRICE/UNIT

$474,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,183 SF

ZONING

-

APN/PARCEL ID

141-665-21

ASK ABOUT THIS PROPERTY

Nick GouldGould Group Investment Real EstateMore Info
949-996-4785

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Nick GouldGould Group Investment Real EstateMore Info
949-996-4785

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.