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Sold for $1,840,000 on 03/13/25
  • Listing Provided by: 

    Nick Gould DRE #01521955 ng@gouldgroupinc.com,

    Gould Group Inc

    Bought with: Gould Group Inc
    $1,840,000

    977 Valencia St, Costa Mesa, CA 92626

    8beds
    7baths
    4,062sqft
    Multi Family
    Built in 1964
    -- sqft lot
    $-- Zestimate®
    $453/sqft
    $7,029 Estimated rent

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    $11,541/mo

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    What's special

    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 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. The property is just minutes from the 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.

    Zillow last checked: 8 hours ago

    Listing updated: March 13, 2025 at 11:36am

    Listing Provided by:

    Nick Gould DRE #01521955 ng@gouldgroupinc.com,

    Gould Group Inc

    Bought with:

    Nick Gould, DRE #01521955

    Gould Group Inc

    Source: CRMLS,MLS#: NP25013777MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 7
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,062
    • Total interior livable area: 4,062 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Assigned
    • Garage spaces: 6
    • Uncovered spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 2
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,183 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 14166521
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: None

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
    Location
    • Region: Costa Mesa

    Other

    Other facts
    • Listing terms: Cash to New Loan,1031 Exchange