1010 Valencia Street, Costa Mesa, CA 92626

About this property

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.

Listing description from the November 2025 sale, as reported to CRMLS.

Sale history

$2,350,000

Sold November 2025 · listed $2,395,000, on market August 2025 · MLS #NP25194291 · Source: CRMLS

Listing Agent: Andre White · Listing Office: Pacific Sotheby's Int'l Realty · Contact: 949-378-9653 · Bought with: Stephen Jeong · Keller Williams Realty Irvine

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