Address
970 Valencia Street Costa Mesa, CA
Price
$ 2,950,000
Property Attributes
  • MLS#OC20072614
  • TypeIncome
  • CountyORANGE
  • CityCosta Mesa
  • AreaCentral Costa Mesa
  • Zip92626
  • Style
  • Price$ 2,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6548
  • Lot Size9,583 SqFt
Listing Provided Courtesy Of:
Ramin Favakehi with Ramin Favakehi, Broker.
Property Description

Located in Mesa Del Mar, West of Costa Mesa, 6 turnkey units 5 of which has central AC systems on a 9583 sq. ft. corner lot. The unit mix is a combination of One 3 BD/2.5 BA , Four 2 BD/ 2 BA, and one 1 BD/1 BA. Four of the units are townhouse style with their own private patios. These units are spacious and well designed featuring a large outdoor landscaped entertainment area for residence to enjoy. Additionally, there are a total of 8 garages for use as an amenity to the tenants coupled with additional storage areas. All units have been renovated. Excellent rental location and low vacancy rates with ability to increase rents.This building has 6 electric meters, 6 gas meters and 1 water meter. Landlord pays for common area expenses which include water trash services. All tenant specific units are separately metered for electricity and gas. Strategically located near numerous amenities, close to beaches, South Coast Plaza, Disneyland , 73 toll road, 55, 5, 22, and 405 freeways.

Price History
4/13/2020 Listed $2,798,888

General Features

Attached Structure Detached
Community Features Curbs
Cooling Central Air
Directions From I-405 N exit #9A/CA-55 S/CA-55 N toward BAKER ST Bear Right on BAKER ST Turn Left on MENDOZA DR Left on VALENCIA ST mi $2, 690, 000/$2, 475, 000 LIST/CLOSE: Cross Streets: Baker/ Fairview
Flooring Carpet, Vinyl
Garage Spaces 8.00
HOA Fee 0.00
Heating Central
Levels Two
Listagentaor Orange County
Listing Agent Ramin Favakehi - BRE#01006682
Listing Agent State License 01006682
MLS Area C4 - Central Costa Mesa
Pool Features None
Price Per Square Foot 450.52
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Subdivision Name Other
Total Units 6
Utilities Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Air Conditioning Y/N Yes
Common Walls No Common Walls
Fireplace Features None
Heating Y/N Yes
Laundry Features Gas Dryer Hookup, Inside, Washer Hookup
Laundry Y/N Yes
Studio Area Unit Type Square Feet
Total Stories 2

Exterior Features

Building Area Total 6548.00
Lot Features Lot 6500-9999
Lot Size Acres 0.2200
Lot Size Area 9583.0000
Lot Size Source Assessor
Lot Size Square Feet 9583.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 6
Number of Separate Gas Meters 6
Number of Separate Water Meters 1
Total Parking 8.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92626

Price
AVG $2M
$2.95M
Visits
AVG 73
187
Year Built
AVG 1977
1964
Walkscore
AVG 67
67
Data Provided by Walkscore ® not using MLS data

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