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970 Valencia StreetCosta Mesa, CA 92626

For Sale

$3,495,000

Smart Buyer Rebate $34,950

Turnkey 6-Unit Trophy Asset in Prime West Costa Mesa – Situated on a 9,583 SF corner lot in the highly desirable Mesa Del Mar neighborhood, this fully renovated multifamily property features an ideal unit mix, low vacancy history, and significant upside rent potential. Five units offer central A/C, four townhome-style units with private patios, eight garages plus storage, new roof and exterior paint. Separately metered utilities with landlord covering only water/trash for common areas. Exceptional location near beaches, South Coast Plaza, major freeways, and employment hubs. Low-maintenance, high-demand asset ideal for long-term hold or portfolio enhancement.

Listed by Ramin Favakehi

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License #01006682

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Ramin Favakehi, Broker

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949-929-2630

Last updated December 08, 2025

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Source: CRMLS #OC25272434

Listing Facts

  • TypeMulti-family
  • NeighborhoodMesa del Mar
  • Days on Prevu2

Amenities

  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

12/08/2025
Listed by Ramin Favakehi, Broker
$3,495,000

Property Details for 970 Valencia Street

Association

Amenities

  • Community Features: Curbs

Exterior

Construction

  • Number Of Units Total: 6
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1964
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: First and second

Measurements

  • Building Area Total: 6,548
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.22
  • Lot Size Area: 9,583
  • Lot Size Source: Owner
  • Lot Size Square Feet: 9,583
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $193,788.00
  • Operating Expense: $62,661.00

Taxes

  • Parcel Number: 14166425

Interior

Features

  • Flooring: Carpet, Vinyl

Other

Location

  • Subdivision Name: Mesa Del Mar (MDMA)
  • Tax Lot: 27

Parking

Parking

  • Garage Spaces: 8
  • Garage: Yes
  • Parking Total: 8

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Electric: Standard
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 970 Valencia Street.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 970 Valencia Street.

How does 970 Valencia Street compare to other multi-family homes in Mesa del Mar?

This multi-family home is listed 29% above the average price for multi-family homes in Mesa del Mar and has been on the market for 27 less days than the typical home in this area.

970 Valencia Street is a -bedroom multi-family home for sale in Costa Mesa CA 92626. On Prevu for 2 days at $3,495,000. This residence is located in Orange County. The median listing price for multi-family homes in this area is $2,475,000. Property amenities include air conditioning and parking. View other multi-family home listings in Orange County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.