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||13||LAST UPDATED||8/2/2022|
|TRACT||Other (OTHR)||YEAR BUILT||1962|
|COMMUNITY||Southwest Costa Mesa||GARAGE SPACES||4.0|
|PROPERTY TYPE(S)||Residential Income|
|AREA||Southwest Costa Mesa|
|GARAGE||Driveway, Garage, Yes|
|LOT||6098 sq ft|
|LOT DESCRIPTION||Front Yard, Landscaped, Lawn, Yard|
TOTAL MONTHLY PAYMENT
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Based on information from California Regional Multiple Listing Service, Inc. as of 8/14/22 8:41 PM 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
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