771 Shalimar Drive

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.

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Price:$$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
additionalParcelsYN:no
associationYN:no
average1BedAreaUnits:Square Feet
average2BedAreaUnits:Square Feet
average3BedAreaUnits:Square Feet
averageStudioAreaUnits:Square Feet
buildingAreaUnits:Square Feet
buyerAgentFirstName:Elizabeth
buyerAgentKeyNumeric:278840
buyerAgentLastName:Do
buyerAgentStateLicense:01473012
buyerOfficeKeyNumeric:128268
buyerOfficeName:Keller Williams Realty
buyerOfficeStateLicense:01932401
carportSpaces:4
coBuyerAgentBrokerKeyNumeric:279896
coBuyerAgentFirstName:Vi
coBuyerAgentKeyNumeric:360975540
coBuyerAgentLastName:MaiNguyen
coBuyerAgentMainOfficeKeyNumeric:128268
coBuyerAgentStateLicense:01913853
coBuyerOfficeKeyNumeric:128268
coBuyerOfficeName:Keller Williams Realty
commonWalls:2+ Common Walls
commoninterest:None
communityFeatures:Curbs, Sidewalks, Street Lights
cooling:None
coolingYN:no
country:US
cumulativeDaysOnMarket:63
currentPrice:1640000
daysOnMarket:63
deletedYN:no
elevationUnits:Feet
fireplaceFeatures:None
fireplaceYN:no
flooring:Laminate
grossScheduledIncome:88035
heating:Central
heatingYN:yes
insuranceExpense:1800
internetAutomatedValuationDisplayYN:yes
internetConsumerCommentYN:yes
landLeaseYN:no
laundryFeatures:Community
laundryIncome:75
laundryYN:yes
levels:Two
listAgentAor:Orange County
listAgentStateLicense:01473012
listOfficeStateLicense:01932401
listagentkeynumeric:278840
listingOfficeName:Keller Williams Realty
listingAgentLastName:Do
listingAgentName:Elizabeth Do
listofficekeynumeric:128268
lotFeatures:Front Yard, Landscaped, Paved
lotSizeArea:7514
lotSizeSource:Assessor
lotSizeSquareFeet:7514
lotSizeUnits:Square Feet
majorChangeType:Closed
mlsAreaMajor:C2 - Southwest Costa Mesa
netOperatingIncome:64587
newConstructionYN:no
newTaxesExpense:18425
numberOfBuildings:1
numberOfSeparateElectricMeters:4
numberOfSeparateGasMeters:5
numberOfSeparateWaterMeters:1
numberOfUnitsTotal:4
onmarketdate:2021-04-01T00:00:00+00:00
operatingExpense:23447.7
originalListPrice:1675000
originatingSystemId:CRM
originatingSystemKey:350785471
parcelNumber:42405408
parkingFeatures:Assigned
parkingTotal:8
parkingYN:yes
poolFeatures:None
poolPrivateYN:no
previousStandardStatus:Pending
propertyAttachedYN:yes
rentControlYN:no
roomType:Kitchen, Living Room
securityFeatures:Carbon Monoxide Detector(s), Smoke Detector(s)
seniorCommunityYN:no
sewer:Public Sewer
spaFeatures:None
spaYN:no
specialListingConditions:Standard
startShowingDate:2021-04-01T00:00:00+00:00
storiesTotal:2
subdivisionNameOther:Other
taxCensusTract:636.05
taxLot:15
taxTractNumber:15015
totalExpenses:23447
trashExpense:1500
uncoveredSpaces:4
view:None
viewYN:no
waterSewerExpense:1722
waterSource:Public
yearBuiltSource:Assessor
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