$3,490,000
131 E 21st StreetCosta Mesa, CA 92627Eastside Central
Sold
994 Valencia Street sold on December 5, 2025 for $3,250,000. The details are below for reference.
994 Valencia Street, Costa Mesa, CA 92626
- 5,267 sq ft
- Built 1964
$3,250,000
Subdivision Mesa del Mar
The home
About 994 Valencia Street
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.
Property details for 994 Valencia Street
This home sits in the Mesa del Mar neighborhood of Costa Mesa in Orange County. It offers 5,267 square feet of living space. The home was built in 1964. The MLS record lists the assessor parcel number as 141-664-31. Highlights include a four-car garage, air conditioning, a turnkey home, and modern architecture. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $3,250,000
- Days On Site
- N/A
- Bedrooms
- N/A
- Inside Area (SqFt)
- 5,267 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1964
- MLS® Number
- OC25221298
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
General Features
- Property Type
- Mixed Use
- MLS Number
- OC25221298
- Year Built
- 1964
- Lot Size (sq ft)
- 6,719
- Lot Size (acres)
- 0.1542
- Levels
- Two
- Garage Spaces
- 4
- Parking Spaces
- 4
- View
- Neighborhood
- Parcel Number
- 14166431
- On Market Date
- 2025-09-23
- Zoning
- R-3
- Listing Terms
- Standard
Interior Features
- Interior Features
- Granite Counters
- Appliances
- Convection Oven, Dishwasher, Disposal, Microwave
- Flooring
- Vinyl
- Heating
- Central, Ductless
- Cooling
- Dual, Wall Window Units
- Fireplace
- None
- Laundry
- Common Area, Inside, Outside
- Entry Level
- 1
- Common Walls
- Two Common Walls Or More
- Windows
- Blinds, Screens
- Doors
- Double Door Entry
- Accessibility
- None
Exterior Features
- Architectural Style
- Modern
- Exterior Features
- Lighting, Rain Gutters
- Roof
- Shingle
- Construction
- Frame, Glass
- Foundation
- Slab
- Lot Features
- Twenty One To Twenty Five Units Acre, Rectangular Lot
- Parking
- Assigned, Door Single, Garage, Garage Faces Rear
- Fencing
- Block, Privacy
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Connected, Natural Gas Connected, Water Connected
- Condition
- Turnkey
- Units
- 6
Community Features
- Subdivision
- Mesa Del Mar
- Community Features
- Biking, Golf, Park
The record
Property History for 994 Valencia Street
| Date | Event | Price | Note |
|---|---|---|---|
| Dec 5, 2025 | Sold | $3,250,000 | |
| Sep 23, 2025 | Listed for sale | $3,385,000 |
Next steps
Looking for something similar
994 Valencia Street is no longer on the market, but comparable homes come up in Costa Mesa regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 994 Valencia Street
Thinking of selling nearby? We bring current Mesa del Mar sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.
The neighborhood
About Costa Mesa
Costa Mesa sits on the coastal tableland of central Orange County, bordered by Santa Ana, Huntington Beach, and Newport Beach, with its southern edge about a mile from the Pacific. South Coast Plaza, the Segerstrom Center for the Arts, the Orange County Fairgrounds, Orange Coast College, and the Eastside and Mesa Verde neighborhoods all fall within the Newport-Mesa Unified School District.
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Listed by John Allen of Seven Gables Real Estate
Listing information updated Dec 9, 2025 at 2:18 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.