1010 Valencia ST
Costa Mesa, CA, 92626
$2,395,000
Beds
0 Baths
0 SqFt
0.15 Acres
Add
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We are proud to present 1010 Valencia Street, a 4-unit apartment buildings, located in the heart of Costa Mesa—one of Southern California’s most desirable coastal housing markets. This turnkey multifamily investment consists of four fully rented 3-bedroom, 2-bathroom units, offering a strong blend of immediate income and long-term upside. The property sits on a 6,534 square foot lot and includes 4,670 square feet of building space. A lushly landscaped central courtyard creates a welcoming and private environment for residents, while recent renovations to both the interior and exterior enhance the overall appeal. The units feature modern updates such as vinyl plank flooring, stainless steel appliances, updated cabinetry and countertops, and open-concept kitchens. Recent improvements include new staircases and sewer line. The property provides ample parking with four single-car garages and three uncovered spaces, along with on-site laundry for added tenant convenience. Most of the units are currently leased close to market rents, reflecting the high quality of the renovations and the desirability of the location. The owner is open to selling the adjacent building at 1016 as a package, offering flexibility to investors looking for stable, high-performing assets in a supply-constrained coastal market. This is an excellent opportunity to acquire a well-maintained, income-generating property in a prime Costa Mesa location.

Property Details

Price:
$2,395,000
MLS #:
NP25194291
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
c4centralcostamesa
Listed Date:
Oct 3, 2025
Total Sq Ft:
4,670
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1964
C4 – Central Costa MesaC4centralcostamesa

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Schools

Interior

Laundry Features
IR

Exterior

Community Features
SDW, SL
Exterior Features
RG
Parking Spots
7
Roof
CMP
Security Features
SD, COD

Financial

Net Operating Income
$104,984

Map

Community

Market Summary

Current real estate data for Single Family in Costa Mesa as of Dec 16, 2025
197
Single Family Listed
49
Avg DOM
514
Avg $ / SqFt
$1,086,794
Avg List Price

Property Summary

    Located in the Other (OTHR) subdivision, 1010 Valencia ST Costa Mesa CA is a Single Family for sale in Costa Mesa, CA, 92626. It is listed for $2,395,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1964. The average price per square foot for Single Family listings in Costa Mesa is $514. The average listing price for Single Family in Costa Mesa is $1,086,794.

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