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970 Valencia
Costa Mesa, CA 92626
Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Building Size | 7,400 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.22/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | C3 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 7,400 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.22/1,000 SF |
| Zoning | C3 |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Kitchen
- Hardwood Floors
- Oven
- Carpet
- Grill
- Patio
SITE AMENITIES
- Courtyard
ABOUT 970 VALENCIA , COSTA MESA, CA 92626
REDUCED $200K! Lantern Bay Realty Commercial presents this 6 turnkey units in Mesa Del Mar area. Large 7400 sq. ft. building on 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. Perfect investment opportunity for a 1031 exchange, value added investment as rents are below market, 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.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | 750 |
| 2+2 | 4 | - | 1,000 |
| 3+2 | 1 | - | 1,200 |
PROPERTY TAXES
| Parcel Number | 141-664-25 | Improvements Assessment | $486,671 |
| Land Assessment | $2,220,101 | Total Assessment | $2,706,772 |
PROPERTY TAXES
