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795 Shalimar Dr
Costa Mesa, CA 92627
Multifamily Property For Sale · 4 Units

INVESTMENT HIGHLIGHTS

  • Spacious Two- & Three-Bedroom Units with Private Outdoor Space (Patio or Balcony)
  • Upside Potential - In-Place Rents are 29% Below Market
  • Located in an Opportunity Zone
  • Attractive Basis - Currently, the Lowest Priced Fourplex in Costa Mesa
  • Residential Financing - A New Buyer has the Opportunity to Acquire Property with a 30-Year Fixed Rate Loan
  • On-Site Laundry Facility, New Exterior Paint & a Majority of Windows Replaced

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 3,748 SF
No. Stories 2
Year Built 1962
Parking Ratio 1.33/1,000 SF
Zoning R3 - Multiple Family Residential

AMENITIES

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 $2,280 774
3+1.5 2 $2,400 1,100

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
424-054-02
Land Assessment
$990,074
Improvements Assessment
$126,410
Total Assessment
$1,116,484
  • Listing ID: 35366783

  • Date on Market: 4/3/2025

  • Last Updated:

  • Address: 795 Shalimar Dr, Costa Mesa, CA 92627

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