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Sold for $1,974,000 · Jun 2024

SOLD

Listed at $1,999,000

Sold

999 Valencia Street, Costa Mesa, CA 92626

Costa Mesa, CA

MLS# NP24104655

4,062 Sq Ft • Quadruplex
5 days on market

Listing Agent

Nick Gould

Listing Agent

Gould Group Inc

DRE #: 01521955

Brokerage: Gould Group Inc

Property Details

N/A

Bedrooms

N/A

Bathrooms

4,062 sqft

Square Feet

1964

Year Built

6,534 sqft

Lot Size

$486

Price/Sq Ft

6

Garage Spaces

N/A

HOA

Quadruplex

Property Type

Description

Welcome to 999 Valencia Street, a four-unit apartment community, built in 1964. It is comprised of a fantastic unit mix of (1) 3- Bedroom/2.5-Bathroom Townhouse unit, (1) 2-Bedroom/1.5-Bathroom Townhouse unit, (1) 1-Bedroom/1-Bathroom unit, and (1) Studio unit. All units have been completely renovated over the last four years with tenants paying near-market rents. Tenants have access to a lush community courtyard and (6) single-car garages. there is also a community laundry room for tenants to use. This is the perfect asset for an investor looking for a turnkey property with a solid income. The property's strategic location ensures easy accessibility to the best of Costa Mesa, including renowned destinations such as South Coast Plaza, The Camp, The LAB, and the Harbor Blvd shopping corridor. Additionally, tenants enjoy seamless connectivity with quick access to major freeways, including the 405, 55, and 73 Freeways. This property promises a secure investment but also positions itself as an inviting residential haven at the heart of Costa Mesa's vibrant offerings.

Listing description from the June 2024 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2
Cooling
None
Heating
WallFurnace

Sale history for 999 Valencia Street

1 recorded sale

$1,974,000
Sold June 2024 · listed $1,999,000, on market May 2024, 5 days on market · MLS #NP24104655 · Source: CRMLS
Listing Agent: Nick Gould · Listing Office: Gould Group Inc · Contact: ng@gouldgroupinc.com · Bought with: Tom Monarch · EHM Real Estate, Inc.

How this sale compares

999 Valencia Street sold for $1,974,000 in June 2024, 1.3% under its $1,999,000 list price, after 5 days on the market. Across 178 closed sales in 92626 over the last 12 months, the median sold price is $1,526,000 and the median is $851 per square foot.

$851
92626 median per sq ft (12 mo)
$1,526,000
92626 median sold price (12 mo)
178
Closed sales in 92626 (12 mo)
5
Days on market
−1.3%
Sold vs. list price
QuarterClosed sales in 92626Median sold price
Q1 202610$1,492,500
Q2 202671$1,475,000
Q3 202678$1,585,000
Q4 202619$1,670,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Costa Mesa · Homes for sale in 92626

Recent sales near 999 Valencia Street

Closed sales reported in 92626, newest first, last 12 months. All recent sales in Costa Mesa →

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