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Carole Waldchen, GRI, CSA, SRES
(858) 792-6085

cwaldchen@sbcglobal.net

DRE# 1414309
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Carole Waldchen, GRI, CSA, SRES
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(858) 792-6085

cwaldchen@
sbcglobal.net

DRE# 1414309
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(858) 792-6085
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SOLD
$1,560,000
Date 06/08/2023

712 Shalimar Drive
Costa Mesa, CA 92627

Other
Residence
3,450
Sqft
0.14
Lot Size
Listing Agent: Jerry Reyes CalDRE: 01492747 - Hoag Property Management
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.
DW22170432
Other, 2 Story
Orange
1962
0.14 Acres
Public
2
Public Sewer
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Listing Agent: Jerry Reyes CalDRE: 01492747 - Hoag Property Management
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