Closed
Costa Mesa fourplex with an amazing residential income opportunity. This multi-family boasts 4 units with different floorplans. Two units consist of 3 bedrooms, 1.5 bathrooms. The other two units offer 2 bedrooms and 1 bathroom. All units are tenant occupied. 4 parking spaces provided via the shared garages. Newer windows, decks, railing, picket fence, vinyl plank floors, and baseboards are featured throughout the units. 4 carport spaces and 4 uncovered spaces are also included in the home. Drive-by and see the potential! Please do not disturb tenants. Minutes away from the 55 FWY, Newport State Beach, and lots of shopping/entertainment centers and eateries.
View full listing detailsPrice: | $$1,675,000 |
Address: | 771 Shalimar Drive |
City: | Costa Mesa |
County: | Orange |
State: | California |
Zip Code: | 92627 |
Subdivision: | Other (OTHR) |
MLS: | OC21066650 |
Year Built: | 1962 |
Square Feet: | 3,749 |
Acres: | 0.173 |
Lot Square Feet: | 0.173 acres |
view: | None |
sewer: | Public Sewer |
spaYN: | no |
levels: | Two |
taxLot: | 15 |
viewYN: | no |
country: | US |
roomType: | Kitchen, Living Room |
coolingYN: | no |
heatingYN: | yes |
laundryYN: | yes |
parkingYN: | yes |
commonWalls: | 2+ Common Walls |
fireplaceYN: | no |
landLeaseYN: | no |
lotFeatures: | Front Yard, Landscaped, Paved |
lotSizeArea: | 7514 |
spaFeatures: | None |
waterSource: | Public |
lotSizeUnits: | Square Feet |
parcelNumber: | 42405408 |
parkingTotal: | 8 |
trashExpense: | 1500 |
associationYN: | no |
carportSpaces: | 4 |
laundryIncome: | 75 |
lotSizeSource: | Assessor |
rentControlYN: | no |
totalExpenses: | 23447 |
elevationUnits: | Feet |
taxCensusTract: | 636.05 |
taxTractNumber: | 15015 |
newTaxesExpense: | 18425 |
parkingFeatures: | Assigned |
uncoveredSpaces: | 4 |
yearBuiltSource: | Assessor |
insuranceExpense: | 1800 |
operatingExpense: | 23447.7 |
startShowingDate: | 2021-04-01T00:00:00+00:00 |
buildingAreaUnits: | Square Feet |
fireplaceFeatures: | None |
numberOfBuildings: | 1 |
waterSewerExpense: | 1722 |
netOperatingIncome: | 64587 |
numberOfUnitsTotal: | 4 |
propertyAttachedYN: | yes |
additionalParcelsYN: | no |
average1BedAreaUnits: | Square Feet |
average2BedAreaUnits: | Square Feet |
average3BedAreaUnits: | Square Feet |
grossScheduledIncome: | 88035 |
subdivisionNameOther: | Other |
listAgentStateLicense: | 01473012 |
averageStudioAreaUnits: | Square Feet |
listOfficeStateLicense: | 01932401 |
specialListingConditions: | Standard |
numberOfSeparateGasMeters: | 5 |
numberOfSeparateWaterMeters: | 1 |
numberOfSeparateElectricMeters: | 4 |
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