970 Valencia Street, Costa Mesa, CA 92626

About this property

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.

Listing description from the October 2019 sale, as reported to CRMLS.

Sale history

$2,475,000

Sold October 2019 · listed $2,690,000, orig. $2,850,000, on market June 2019 · MLS #OC19142736 · Source: CRMLS

Listing Agent: Tony Morrison · Listing Office: Lantern Bay Realty · Contact: 949-661-6441 · Bought with: Ramin Favakehi · Ramin Favakehi, Broker

$2,350,000

Sold October 2015 · listed $2,500,000, orig. $2,995,000, on market June 2015 · MLS #OC15129966 · Source: CRMLS

Listing Agent: Shevy Akason · Listing Office: Evergreen Realty · Contact: 949-753-7888 · Bought with: Tony Morrison · Lantern Bay Realty

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