Costa Mesa, CA 92627 778 Shalimar Drive

778 Shalimar Drive Costa Mesa, CA - Image 1778 Shalimar Drive Costa Mesa, CA - Image 2778 Shalimar Drive Costa Mesa, CA - Image 3
Presented By: Matthew Hoyt with Hoyt Real Estate, Inc.; 949-283-1696
  • MLS# PW24104809
  • 05/23/2024
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  • SQFT • 3,390

Home Details

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.
Presented By: Matthew Hoyt with Hoyt Real Estate, Inc.; 949-283-1696

Interior Features for 778 Shalimar Drive

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 778 Shalimar Drive

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityCosta Mesa
Community FeaturesUrban
CountyOrange
Days on Market82
DirectionsJames to Shalimar
Electric Expense600.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense1200.0
Garage Spaces0.0
Garage Y/NNo
Gross Income100608.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense1356.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6970.0
Lot Size UnitsSquareFeet
MLS AreaC2 - Southwest Costa Mesa
MobileHomeRemainsYNNo
Net Operating Income70267.0
New ConstructionNo
NumberOfUnitsTotal4
Operating Expense30341.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameNone
Tax Lot5
TermsCash, CashToNewLoan, Exchange1031
Trash Expense2400.0
View Y/NNo
Water Sewer Expense3600.0
Waterfront Y/NNo
Year Built1961
Year Built SourceAssessor

Exterior for 778 Shalimar Drive

Building Area Total3390.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixToTenUnitsAcre
Lot Size Acres0.16
Lot Size Area6970.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $1,750,000
MLS#PW24104809
List Date 05/23/2024
Property Type Multi-Family
Phone 310.658.1749
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