778 Shalimar DR Active Save Request In-Person Tour Request Virtual Tour
Costa Mesa,CA 92627
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,390 sqft
Price per Sqft $516
Subdivision Other (Othr)
MLS Listing ID PW24104809
HOA Y/N No
Year Built 1961
Lot Size 6,969 Sqft
Acres 0.16
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.
Location
State CA
County Orange
Area C2 - Southwest Costa Mesa
Interior
Laundry Common Area
Exterior
Pool None
Community Features Urban
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Confidential INFO
BAC 2.0
TERMS 1031 Exchange,Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
PRIVATE REMARKS Listing Agent is part owner. All units month to month rents are #1)$2,030 #2)$2,295 #3)$2,060 #4)$1,999. Those are new raised rent for June 1, 2024. Building is tired inside and out and priced accordingly. All tenants will stay and pay those the rents. Tenants all 10+ years. In order to get pro forma rents new ownery would need to new kitchens baths flooring etc. Please down setup sheet in supplements.
SHOW CONTACT TYPE None,Agent
SHOW INSTRUCTIONS No showing without accepted offer. Drive by only. Please do not disturb tenants.