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795 Shalimar Dr
Costa Mesa, CA 92627
Multifamily Property For Sale
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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 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 3,748 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.33/1,000 SF |
| Zoning | R3 - Multiple Family Residential | ||
| 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
| Parcel Number | 424-054-02 | Improvements Assessment | $126,410 |
| Land Assessment | $990,074 | Total Assessment | $1,116,484 |
Property Taxes
Parcel Number
424-054-02
Land Assessment
$990,074
Improvements Assessment
$126,410
Total Assessment
$1,116,484
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