James Melton
James Melton, California Value Group, Inc.Phone: (714) 318-4664
Email: [email protected]

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listing
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Residential Income
$3,450,000
970 Valencia Street
Costa Mesa, CA 92626
Listed by Ramin Favakehi DRE#01006682 [email protected] Ramin Favakehi, Broker
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$17,908/mo

Located in Mesa Del Mar, West of Costa Mesa, 6 turnkey units 5 of which has central AC systems on a 9583 sq. ft. corner lot. The unit mix is a combination of One 3 BD/2.5 BA , Four 2 BD/ 2 BA, and one 1 BD/1 BA. Four of the units are townhouse style with their own private patios. These units are spacious and well designed featuring a large outdoor landscaped entertainment area for residence to enjoy. Additionally, there are a total of 8 garages for use as an amenity to the tenants coupled with additional storage areas. All units have been renovated, new roof and exterior paint. Excellent rental location and low vacancy rates with ability to increase rents.This building has 6 electric meters, 6 gas meters and 1 water meter. Landlord pays for common area expenses which include water trash services. All tenant specific units are separately metered for electricity and gas. Strategically located near numerous amenities, close to beaches, South Coast Plaza, Disneyland , 73 toll road, 55, 5, 22, and 405 freeways.

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Information courtesy of Ramin Favakehi, Broker is subject to verification and is not guaranteed.
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