778 Shalimar Drive, Costa Mesa, CA 92627

$1,725,000

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Sold Price
$1,725,000
List Price
$1,750,000
Closing Date
Jun 10, 2025
Status
CLOSED
MLS#
PW24104809
Year Built
1961
Lot Size
6,970
Acres
0.16
Lot Location
6-10 Units/Acre
Days on Market
224
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

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.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$100,608
Operating Expense
30341

Listing courtesy of Listing Agent: Matthew Hoyt (matthew.p.hoyt@gmail.com) from Listing Office: Hoyt Real Estate, Inc..

Listing sold by Carlo Achdjian from NONMEMBER MRML

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.