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988 Valencia, Costa Mesa, CA 92626

Costa Mesa, CA

Property Size750 SF
Lot Size0.14 Acres
Price / SF$3.80
Days on Market50

Property Features for 988 Valencia

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 1, Laundry Room, Bathroom 2, Bedroom 2
Parking 1
Pets allowed Breed Restrictions
Appliances Electric Water Heater, Tankless Water Heater, Dishwasher, Electric Cooktop
Subdivision Costa Mesa Residential Income (CMRI)
Lot features 0-1 Unit/ Acre
Elementary school district Newport Mesa Unified
Middle school district Newport Mesa Unified
High school district Newport Mesa Unified
Directions baker to mendoza (south)
Standard status Active
Size 750 SF
Lot size 0.14 Acres

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 2026
Floors in Building 1
Number of units 9
Listing Agency: RE/MAX One · RE/MAX International
Listed By: Arthur Alderete · License #01281647
Added: Jul 6 Changed: Aug 20 Last Checked: Aug 24 at 4:06PM
MLS# OC26146872

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 750-square-foot apartment property was built in 2026 and includes two bedrooms, two bathrooms, and a dedicated laundry room. Interior improvements include vinyl plank flooring, 4-inch baseboards, quartz kitchen and bathroom surfaces, white shaker cabinetry, designer fixtures, recessed lighting, smooth drywall, and energy-efficient windows. The kitchen includes an electric cooktop, refrigerator, dishwasher, microwave, and washer and dryer. Each bathroom has a glass sliding door, full tile enclosure, and utility niche.

The property is located at 988 Valencia in Costa Mesa, California, on a 0.1377-acre lot. Central heating and central air conditioning are provided, along with electric and tankless water heaters. Public water and public sewer serve the property, and electricity is available. The anticipated certificate of occupancy date is 7.21.26.

Key Highlights

  • 750‑square‑foot apartment built in 2026
  • Two bedrooms, two bathrooms, and a dedicated laundry room
  • Central heating and central air conditioning

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Restaurant Pet Grooming Service Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,774
Businesses Nearby

Demographics for 92626, CA

50,885
Population
20,643
Households
2.5
Avg Household Size
37
Median Age
46%
College-Educated
91%
High-School Grad
9.7 sq mi
ZIP Area
5,246
Density / Sq Mi
$117,627
Median Household Income
$55,920
Median Earnings
$2,520
Median Rent
$1,037,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - New construction offers central HVAC, in-unit laundry, and a complete kitchen appliance package.
Where is this apartment building located?
The property is located at 988 Valencia Costa Mesa, CA.
What are key features of this property?
This property features: 750‑square‑foot apartment built in 2026; Two bedrooms, two bathrooms, and a dedicated laundry room; Central heating and central air conditioning
More about this property
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