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.
|
DAYS ON MARKET
|
310
|
LAST UPDATED
|
6/9/2023
|
|
TRACT
|
None
|
YEAR BUILT
|
1962
|
|
COMMUNITY
|
Southwest Costa Mesa
|
GARAGE SPACES
|
4.0
|
|
COUNTY
|
Orange
|
STATUS
|
Sold
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AREA |
Southwest Costa Mesa |
| GARAGE |
Driveway, Garage, Yes |
| HOA DUES |
0 |
| LOT |
6098 sq ft |
| LOT DESCRIPTION |
Front Yard, Landscaped, Lawn, Yard |
| PARKING |
Driveway,Garage |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
None |
| WATER |
Public |
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Listed with Hoag Property Management
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/20/24 6:37 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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