$2,690,000
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970 Valencia ST Costa Mesa, CA 92626
9,583 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Other (Othr)
MLS Listing ID OC19142736
Year Built 1964
Lot Size 9,583 Sqft
Property Description
REDUCED $200K, 6 turnkey units in Mesa Del Mar area. Large 7400 sq. ft. building sitting on a 9583 sq. ft. corner lot with 8 dedicated covered parking spaces. Unit mixes: One 3 bed 2 bath, three 2 bed 2 baths, and one 1 bed 1 bath. 6 separate gas and electric meters, water is paid by Landlord. All but 2 of the units are townhouse style with their own private patios/balconies. All units have washer/dryer hook-ups and all have been renovated with wood floors and granite counters. This is a perfect investment opportunity for a 1031 exchange, value added investment, or a potential condo conversion project with income in place, please check with the city of Costa Mesa. Close to beaches, South Coast Plaza, commerce centers, 73 toll road, 55, 5, 22, and 405 freeways.
Location
State CA
County Orange
Area C3 - South Coast Metro
Rooms
Ensuite Laundry Washer Hookup, Gas Dryer Hookup
Interior
Laundry Location Washer Hookup,Gas Dryer Hookup
Heating Forced Air
Cooling See Remarks
Flooring Carpet, Wood
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Exterior Feature Lighting
Garage Assigned
Garage Spaces 4.0
Garage Description 4.0
Fence Vinyl, Wood
Pool None
Community Features Curbs
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N Yes
View Mountain(s), Neighborhood
Building
Lot Description 6-10 Units/Acre, Corner Lot, Front Yard, Level, Street Level
Story 2
Sewer Sewer Tap Paid
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
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Bought with Ramin Favakehi • Ramin Favakehi, Broker