Save
Ask
Tour
Hide
Share
$1,729,000
181 Days Online

712 Shalimar Drive
Costa Mesa, CA 92627

For Sale|Multi-Family|Active
Subdivision:
Other (Othr)
County:
Orange
Listed by Jerry Reyes of Hoag Property Management
Call Now: 949-280-0681
Is this the home for you? We can help make it yours.
949-280-0681
712 Shalimar Drive712 Shalimar Drive712 Shalimar Drive712 Shalimar Drive
Save
Ask
Tour
Hide
Share

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,729,000
Days Online 
181 Days
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 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS
5 months agoPrice changed to $1,729,000
6 months agoListing 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
Save
Ask
Tour
Hide
Share
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
Properties

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.
Save
Ask
Tour
Hide
Share

ABOUT ME

Sharon Paxson is a full-time REALTOR® with EQTY | Forbes Global Properties and has been specializing in residential real estate throughout the Newport Beach area since 2005 assisting Buyer’s, Seller’s, Landlords, and Tenants with their real estate needs.

If you are thinking about buying, selling or renting your home, condo or other Real Estate in the following areas including Newport Beach, Newport Coast, Corona del Mar, Huntington Beach there are thousands of Realtors to choose from. However, it doesn't cost you any more to work with a top Newport Beach CA Realtor. We welcome the opportunity to show you how we get outstanding real estate results with specific and targeted marketing. If you are looking for a top real estate agent who will make a difference you have come to the right place. Use this real estate website to learn about communities and homes for sale.

REAL ESTATE BROKERAGE SERVICES

  • Newport Beach Homes for Sale/Sharon Paxson®
  • Newport Beach area buyers, sellers, renters
  • 1100 Newport Center Drive
    Newport Beach, CA 92660
  • 949-280-0681 | DRE 01501912

DISCLAIMER

DISCLAIMER: All information, photographs & content contained on this site is the property of Sharon Paxson. You must obtain written permission from Sharon Paxson if you would like to use any of this content contained herein. Opinions expressed are those of Sharon Paxson and may not necessarily be opinions of past and present brokers. Articles may be time and date sensitive. All statistical information utilized to create market reports has been obtained from the CRMLS. Information Deemed Reliable but not Guaranteed.

Copyright © 2022 Newport Beach Real Estate