Listed by John Allen of Seven Gables Real Estate (714-651-9706), Brendon Guichet of Uncharted
Offered at $3,385,000, this 6-unit multifamily property in Costa Mesa provides a strong turn-key opportunity in a supply-constrained market. Originally constructed in 1964 as a 4-plex, the building was expanded in the past year with the addition of two brand-new ADUs completed in 2025. The property now totals 5,267 SF and has been extensively renovated with over $750,000 in recent improvements, including modern unit interiors and durable finishes. The unit mix includes studio, one-, two-, and three-bedroom layouts, designed to capture a wide range of tenant demand. With current rents already strong and additional upside available, investors can benefit from both immediate income and long-term appreciation. Located near South Coast Plaza, The Camp, and major transportation corridors, the property combines stable tenant demand with proven rental performance, making for a strategic investment in a highly sought-after Orange County submarket.

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Property Details of 994 Valencia Street

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Based on information submitted to CRMLS as of July 16, 2026 10:51 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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