Costa Mesa, CA 92626,994 Valencia ST
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Costa Mesa, CA 92626,994 Valencia ST
Costa Mesa, CA 92626,994 Valencia ST
Costa Mesa, CA 92626,994 Valencia ST
Costa Mesa, CA 92626,994 Valencia ST

$1,700,000

Est. payment /mo

$1,785,500

4.8%
Est.Price: ?

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994 Valencia ST Costa Mesa, CA 92626

6,534 Sqft Lot

SOLD DATE : 12/13/2023

Key Details

Sold Price $1,700,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Costa Mesa Residential Income (Cmri)

MLS Listing ID OC23063004

Sold Date 12/13/23

Construction Status Fixer

HOA Y/N No

Year Built 1964

Annual Tax Amount $3,808

Lot Size 6,534 Sqft

Lot Dimensions Assessor

Property Description

Notice to all interested parties. Property under contract subject to court confirmation, and overbid. PETITION FOR CONFIRMATION OF SALE OF REAL PROPERTY Hearing scheduled for 9:00AM, October 31, 2023, in Department CM08 of the Superior Court of California, County of Orange, Costa Mesa Justice Complex. Case # 30-2019-01064803-PR-TR
Property under contract with buyer for $1,700,000. Minimum overbid is $1,785,500. Judge will set the successive incremental overbid amounts.
Buyers wishing to participate in overbidding must come to court prepared with proof of funds to purchase, dated no more than 30 days, and be prepared to close escrow in 10 days after receipt of order confirming sale. No interior access will be available, and buyer accepts property in current as-is condition, with all four apartments being tenant occupied by long term tenants on month to month tenancies.

Diamond in the rough 4 unit apartment building in desirable Costa Mesa location nestled in the heart of Orange County. This building is unique in it's configuration of apartments, and would be ideal for an owner to live in the comfortable 2 level townhouse style 3 bedroom unit of over 1600 sq.ft, with a huge common courtyard. The neighboring unit is a large 2 story 2 bedroom townhouse style unit that is over 1200 sq.ft. Nobody above or below each of these units, with the other two units, a 1 bedroom and a studio perched above the rare 6 car garage, plus one off street parking spot. This building sits in the middle of a tree lined block, with gated courtyard entry from both the front, as well as from the alley that services the garages in the back.
As you'll note, there is deferred maintenance, and this will be an as-is sale, subject to court approval, and overbid in court.

Location

State CA

County Orange

Area C3 - South Coast Metro

Interior

Interior Features Block Walls

Heating See Remarks

Cooling None

Flooring See Remarks

Fireplaces Type None

Fireplace No

Appliance Water Heater

Laundry See Remarks

Exterior

Parking Features Garage, Garage Faces Rear

Garage Spaces 6.0

Garage Description 6.0

Fence Block, Wood

Pool None

Community Features Gutter(s)

Utilities Available See Remarks

Waterfront Description Ocean Side Of Freeway

View Y/N No

View None

Roof Type Composition

Accessibility None

Total Parking Spaces 7

Private Pool No

Building

Lot Description Lawn, Street Level, Yard

Faces North

Story 2

Entry Level Two

Foundation Concrete Perimeter

Sewer Public Sewer, Sewer Assessment(s)

Water Public

Architectural Style Traditional

Level or Stories Two

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 14166431

Energy Description 803.0

Acceptable Financing Cash, Cash to New Loan, Court Approval

Listing Terms Cash, Cash to New Loan, Court Approval

Financing Cash

Special Listing Condition Third Party Approval, Probate Listing, Trust

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California Regional MLS (CRMLS)
Listed by Michael Bojorquez • Keller Williams OC Coastal Realty
Bought with John Allen • Seven Gables Real Estate
agent

Richard Bernal

Agent | License ID: 02090098

+1(818) 699-7129

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