Costa Mesa, CA 92626 1033 Valencia Street

1033 Valencia Street Costa Mesa, CA - Image 11033 Valencia Street Costa Mesa, CA - Image 21033 Valencia Street Costa Mesa, CA - Image 3
2 more
1033 Valencia Street Costa Mesa, CA - Image 41033 Valencia Street Costa Mesa, CA - Image 51033 Valencia Street Costa Mesa, CA - Image 6
Presented By: Rick Applebaum with Morgan Skenderian; rma@morganskenderian.com
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PW25052760
  • 03/10/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 12
  • Baths • 2
  • SQFT • 4,671
  • Garage • 4

Home Details

Introducing a rare opportunity in the heart of Costa Mesa, CA – a 4,671 SF fourplex featuring four generously-sized 3-bedroom/2-bathroom units. Elegantly built in 1964, this property has undergone recent interior and exterior renovations, ensuring a modern and inviting living experience for tenants. The community courtyard provides a tranquil outdoor space, while the inclusion of garages and on-site laundry facilities adds convenience for residents. Situated near major freeways such as the 405, 55, and 73, this multifamily gem offers easy access for commuters. This meticulously-maintained property presents an enticing investment opportunity in the thriving Costa Mesa area.
Presented By: Rick Applebaum with Morgan Skenderian; rma@morganskenderian.com

Interior Features for 1033 Valencia Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 1033 Valencia Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.45
Carport Y/NNo
CityCosta Mesa
Community FeaturesBiking, Curbs, DogPark, Park, StreetLights, Sidewalks
CountyOrange
DirectionsSouth of Baker Street and East of Fairview Road
Electric Expense2594.0
Electric On Property Y/NNo
Entry LocationStreet
Fuel Expense2594.0
Garage Spaces4.0
Garage Y/NYes
Gross Income161784.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense4671.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet6690.0
Lot Size UnitsSquareFeet
MLS AreaC4 - Central Costa Mesa
MaintenanceExpense4707.0
MobileHomeRemainsYNNo
Net Operating Income108028.0
New ConstructionNo
Number Of Units Total4
Open Parking Spaces4.0
Operating Expense48902.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameMesa del Mar - Park Series (MDMB)
Tax Lot46
Taxes$27,207
Trash Expense2594.0
Water Sewer Expense2594.0
Year Built1964
Year Built SourceAssessor

Exterior for 1033 Valencia Street

Building Area Total4671.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.1536
Lot Size Area6690.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,425,000
MLS#PW25052760
List Date 03/10/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
Visit My Website

Similar Properties to 1033 Valencia Street

Compare listings

Compare