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778 Shalimar Drive

Costa Mesa, CA 92627
  • $1,750,000
  • STATUS: Active Under Contract
  • ON SITE: 268 Days
  • ID#: PW24104809
Under Contract
UPDATED: 75 min ago
$1,750,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Listing Agent(s): Matthew Hoyt of Hoyt Real Estate, Inc. (949-619-6159)


Description

Less than two miles to the ocean, 4 plex directly facing a city park. All long term tenants in 100% 2 bed layouts. Street was closed off to through traffic and is in an opportunity zone. Bread and butter units always full. Walking distance to everything.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-15T23:26:28.83. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/150868362
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778 Shalimar Drive Costa Mesa, CA 92627

  • Price: $1,750,000
  • Status: Active Under Contract
  • On Site: 268 Days
  • Updated: 75 min ago
  • ID#: PW24104809
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1961
Built
Neighborhood:
None
County:
Orange
Area:
C2 - Southwest Costa Mesa
Property Description
Less than two miles to the ocean, 4 plex directly facing a city park. All long term tenants in 100% 2 bed layouts. Street was closed off to through traffic and is in an opportunity zone. Bread and butter units always full. Walking distance to everything.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 5 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Urban Electric Expense 600 Fuel Expense 1200 Garage YN No Gross Income 100608 Gross Scheduled Income 100608 Insurance Expense 1356 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Net Operating Income 70267 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 30341 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 2400 Water Sewer Expense 3600 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-15T23:26:28.83. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): Matthew Hoyt of Hoyt Real Estate, Inc. (949-619-6159)