707 W Shalimar Drive,  Costa Mesa CA, 92627 (Residential Income)

3,423 sqft
Status: Sold
MLS#: OC16705601
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Last Updated: 12/10/2016 8:27 PM
Description for 707 W Shalimar Drive Costa Mesa, CA 92627
Great Investment Opportunity! This Fully Occupied 4-Plex Features two 2-Bedroom 1 Full Bath Units, and two 1-bedroom, 1 Full Bath Units. Newer Roof, and Exterior Paint, Balcony’s, and Private Patios with newer wrought iron fencing. 4 Separate Garages, and Designated Parking Spaces. Raised Panel Doors, Ceramic Tile, Carpeted Bedrooms, and Large Concrete Driveway for additional parking. All Units have good standing, long-term Tenants. Community Laundry Room with Owner-Owned Coin-Operated Washer/Dryer. All units have individual Electricity Meter, but water and Trash are not individual. Area is growing and developing in Westside Costa Mesa, and this Property is located just blocks from Trader Joe’s, Triangle Square with Shopping and Dining, minutes to the Fair Grounds, and the brand new Superior Pointe Development. Biking Distance to the Beach, and within the boundaries of the amazing Mesa West Residential Ownership Urban Plan. Amazing Opportunity.
Price
Sold Price:
$1,000,000
Sold Date:11/15/2016
Orange
3,423 (approx)
OC16705601
Closed
Description
Great Investment Opportunity! This Fully Occupied 4-Plex Features two 2-Bedroom 1 Full Bath Units, and two 1-bedroom, 1 Full Bath Units. Newer Roof, and Exterior Paint, Balcony’s, and Private Patios with newer wrought iron fencing. 4 Separate Garages, and Designated Parking Spaces. Raised Panel Doors, Ceramic Tile, Carpeted Bedrooms, and Large Concrete Driveway for additional parking. All Units have good standing, long-term Tenants. Community Laundry Room with Owner-Owned Coin-Operated Washer/Dryer. All units have individual Electricity Meter, but water and Trash are not individual. Area is growing and developing in Westside Costa Mesa, and this Property is located just blocks from Trader Joe’s, Triangle Square with Shopping and Dining, minutes to the Fair Grounds, and the brand new Superior Pointe Development. Biking Distance to the Beach, and within the boundaries of the amazing Mesa West Residential Ownership Urban Plan. Amazing Opportunity.
Listing Information
Property Type: Cluster, Traditional, 2 Story
0.15 Acres 653,400 sq.ft. 3,423 (approx)
$292.14 1962
Yes- 4 spaces 2
10 Total
Neighborhood
Room Information
Family Room
First Floor Bedroom
Common, Outside
Interior Features
Dishwasher, Range/Oven Free Standing, Garbage Disposal, Gas Range/Cooktop, Carbon Monoxide Detector
Carpet and Other, Ceramic Tile, Vinyl
None, Ceiling Fan(s)
Full Copper Plumbing
No Fireplace
Alarm -Smoke/Fire,
Corian Counter, Granite Counter Top
Exterior / Lot Features
4 Garage Spaces, 8 Parking Spaces, Assigned Parking Space, No Driveway, Garage
Balcony
Composition
None
No Pool
Wrought Iron
Street Lights, Exterior Lighting, Curbs Walk
Driving Directions
18th Street to Pomona, Right on James, Left on Wallace, and Left on Shalimar
Financial Considerations
42405420
$56,760 Income ,$19,899Expense
Listing Price History

Costa Mesa Real Estate

Costa Mesa is located in California. Costa Mesa, California 92627 has a population of 110,322.

The median household income in Costa Mesa, California 92627 is $65,373. The median household income for the surrounding county is $75,566 compared to the national median of $53,046. The median age of people living in Costa Mesa 92627 is 33.7 years.

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Courtesy: Keller Williams Realty Jenelle Harmon
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