779 Shalimar Dr, Costa Mesa, CA 92627

Property Description

We are pleased to present 779 Shalimar Dr., Costa Mesa, a four unit apartment investment opportunity. Costa Mesa is ideally located in central Orange County, just a couple miles from the beach, and surrounded by major employment, as well as abundant dining, shopping, and retail options. It has long been a preferred location for rental property investors, because of its strong market fundamentals and a population that includes 60% renters. 779 Shalimar Drive is comprised of (2) two bedroom/one bathroom units, and (2) three bedroom, one and a half bathroom units. The property is just two miles to the beach, and located near The Triangle and 17th Street’s plentiful retail shops and restaurants. Note: The two downstairs units (one 3BR and one 2BR) are leased on a yearly basis to Think Together afterschool program, and have been operated as such for nearly 25 years. *Excellent Mix of 2 and 3-Bedroom Units, *Desirable Location Near the Triangle and 17th Street Retail, *Two Miles from the Beach, *Strong Rental market in Rapidly Gentrifying Area, *Walk Score of 74 (Very Walkable)