970 Valencia Street Costa Mesa, CA $ 3,495,000
970 Valencia Street
$ 3,495,000
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970 Valencia Street

Costa Mesa, CA, 92626
$ 3,495,000
Baths1.0 Sq 6,548

Monthly Estimate*

$ 21,804

Listed by Ramin Favakehi, Broker
970 Valencia Street, Costa Mesa, CA 92626 - Image 1
970 Valencia Street, Costa Mesa, CA 92626 - Image 2
970 Valencia Street, Costa Mesa, CA 92626 - Image 3
970 Valencia Street, Costa Mesa, CA 92626 - Image 4
970 Valencia Street, Costa Mesa, CA 92626 - Image 5
970 Valencia Street, Costa Mesa, CA 92626 - Image 6
970 Valencia Street, Costa Mesa, CA 92626 - Image 7
970 Valencia Street, Costa Mesa, CA 92626 - Image 8
970 Valencia Street, Costa Mesa, CA 92626 - Image 9
970 Valencia Street, Costa Mesa, CA 92626 - Image 10
970 Valencia Street, Costa Mesa, CA 92626 - Image 11
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Studio

Multi-Family Home for sale in Costa Mesa, CA

for $3,495,000 with 1 full bath. This 6,548 square foot home was built in 1964 on a lot size of 0.22.

Turnkey 6-Unit Trophy Asset in Prime West Costa Mesa – Situated on a 9,583 SF corner lot in the highly desirable Mesa Del Mar neighborhood, this fully renovated multifamily property features an ideal unit mix, low vacancy history, and significant upside rent potential. Five units offer central A/C, four townhome-style units with private patios, eight garages plus storage, new roof and exterior paint. Separately metered utilities with landlord covering only water/trash for common areas. Exceptional location near beaches, South Coast Plaza, major freeways, and employment hubs. Low-maintenance, high-demand asset ideal for long-term hold or portfolio enhancement.

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Multi-Family Active

Price

$ 3,495,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.22

Year Built

1964

Town/City

Costa Mesa

County/Region

Orange

MLS | Web ID

OC25272434

Days on Market

14

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Possession Close Of Escrow
HOA Fee 0
Garage Spaces 8
Pool Features None
Year Built 1964
Electric Standard
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 193788
Community Features Curbs
County Orange
Net Operating Income 131127
Operating Expense 62661
Insurance Expense 6077
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Mesa Del Mar (MDMA)
Garage Y/N true
Special Listing Conditions Standard
Status Active
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
City Costa Mesa
Entry Location First and second
Senior Community Y/N false
Number Of Units Total 6
MLS Area C4 - Central Costa Mesa
Lot Size Units Square Feet
Lot Size Square Feet 9583
Listing Terms Cash Cash to New Loan
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 9600
Water Sewer Expense 4308
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 27
Property Sub Type Additional Apartment
Taxes 38812
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Interior
Flooring Carpet Vinyl
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Washer Hookup Gas Dryer Hookup Inside
Entry Level 1
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Exterior
Water Source Public
Total Parking 8
Lot Size Area 9583
Number of Buildings 1
Building Area Total 6548
Lot Size Acres 0.22
Private Pool false
Lot Size Source Owner
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
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* Excluded Features
List By
Ramin Favakehi, Broker

Broker

RaminFavakehi@Gmail.com

Email

Affordability Calculator

$21,804
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,804
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/8/2025$3,495,000 Listed Price

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970 Valencia Street, Costa Mesa, CA, 92626 is a Multi-Family Home for sale at $3,495,000 with 6,548 sqft and a lot size of 0.22. 970 Valencia Street is a studio with 1.0 baths and was built in 1964. The property's zip code is 92626 which is in Costa Mesa, CA