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994 Valencia Street, Costa Mesa, CA 92626
$1,700,000
994 Valencia Street, Costa Mesa, CA 92626View this property at 994 Valencia Street, Costa Mesa, CA 92626
994 Valencia StreetCosta MesaCA92626
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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.
Full Property Details
Full Property Details for 994 Valencia St
General
- Sold For: $1,700,000
- Status: Closed
- Type: Multi-Family
- MLS ID: OC23063004
- Added to Site: 405 day(s) ago
Interior
- Rooms/Areas: See Remarks
- Interior Features: Block Walls
- Fireplace(s): None
- Appliances: Water Heater
- Flooring: See Remarks
Rooms
Other Rooms
- Laundry: See Remarks
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 6
- Parking Features: Garage, Garage Faces Rear
- Parking: Garage, Garage Faces Rear
Location
- Area: C3 - South Coast Metro
- County: Orange
- Development Name: C3 - South Coast Metro
- Driving Directions: Baker to Mendoza to Valencia
- Direction Faces: North
Heating & Cooling
- Cooling Type: None
- Heating Type: See Remarks
Utilities
- Sewer: Public Sewer, Sewer Assessments
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Architectural Style: Traditional
- Foundation: Concrete Perimeter
- Roof: Composition
- Entry Location: 1 & 2
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,062
- Year Built: 1964
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 3
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
Lot Features
- Property View: None
- Lot Size (Acres): 0.15
- Lot Size Source: Assessor
- Lot Dimensions: 72 x 94
- Lot Description: Lawn, Level with Street, Lot 6500-9999, Yard
Financial Considerations
- Price Per Sq. Ft.: $418.51
- Price Per Unit: 446375
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Keller Williams OC Coastal Realty, Michael Bojorquez
Sold by Seven Gables Real Estate, John Allen
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Schools
Schools serving 994 Valencia St
School District:Newport-Mesa Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
966 Sonora Rd, Costa Mesa, CA 92626 | K-6 | 0.2 mi | |
2650 Fairview Rd, Costa Mesa, CA 92626 | 7-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 994 Valencia St
Date
Details
Price
Change
Source
12/13/2023
Sold
$1,700,000
-4.79%
MLS
10/27/2023
Price Increased
$1,785,500
5.03%
MLS
4/14/2023
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
994 Valencia Street, Costa Mesa, CA 92626 (MLS# OC23063004) is a Multi-Family property that was sold at $1,700,000 on December 13, 2023. Want to learn more about 994 Valencia Street? Do you have questions about finding other Multi-Family real estate for sale in Costa Mesa? You can browse all Costa Mesa real estate or contact a Coldwell Banker agent to request more information.