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795 Shalimar Dr
Costa Mesa, CA 92627
Build-to-Rent Property For Sale · 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
Property Type Build-to-Rent
Property Subtype Apartment
Apartment Style Low-Rise
Costar Property Class C
Total Plot Size 0.17 ac
Property Size 3,748 sq ft
No. Floors 2
Year Built 1962
Parking Allocation 1.33/1,000 sq ft
Use Class R3 - Multiple Family Residential

AMENITIES

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT PCM sq ft
2+1 2 £2,280 774
3+1.5 2 £2,400 1,100

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
424-054-02
Land Assessment
£737,417
Improvements Assessment
£94,151
Total Assessment
£831,568
  • Listing ID: 35366783

  • Date on Market: 03/04/2025

  • Last Updated:

  • Address: 795 Shalimar Dr, Costa Mesa, CA 92627

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