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$1,729,000
1 Day Online

712 Shalimar Drive
Costa Mesa, CA 92627

For Sale|Multi-Family|Pending
Subdivision:
Other (Othr)
County:
Orange
Listed by Jerry Reyes of Hoag Property Management

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(866) 538-6057
712 Shalimar Drive712 Shalimar Drive712 Shalimar Drive712 Shalimar Drive
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$7,888
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712 Shalimar is a 4Unit complex, located Westside Costa Mesa, minutes to Newport Beach and Triangle Square. Gross Annual Income is at $90,900 with solid tenants. 712 Shalimar offers an opportunity to acquire a well-maintained property with upside potential in rental income. The property consists of one building on a decent lot at 6,120 square foot lot. There are four units total, two of which are two-bedroom/one-bathroom units and two of which are one-bedroom/one-bathroom units. The property has been very well-maintained and is fully occupied by long-term tenants. Rents are slightly below market and there is upside potential in increasing rents to market levels. The property is located in a great Westside Costa Mesa location, just minutes away to Newport Beach and Triangle Square Shopping Center. This is an ideal investment opportunity for an investor looking for a turnkey property with solid rental income and upside potential in the future.

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Listing Snapshot
Price 
$1,729,000
Days Online 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
3,450 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1962
MLS Number 
DW22170432
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS
yesterdayListing first seen online
General Features
Parking 
DrivewayGarage
Parking Spaces 
8
Sewer 
Public Sewer
Number of Stories 
2
Acreage 
0.14
Water 
Public
Garage Spaces 
4
Listing Conditions 
Standard
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Lot 
Front YardLawnLandscapedYard
Community Features
Association Dues 
0
Community Features 
Street LightsSidewalks
Senior Community 
No
MLS Area 
C2 - Southwest Costa Mesa
Crmls Logo Real Estate For Sale

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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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