5 months on rocket

778 Shalimar Dr, Costa Mesa, CA, 92627

$1,750,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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778 Shalimar Dr, Costa Mesa$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1961
MLS #PW24104809
Lot Size0.16 Acres
StatusActive

About 778 Shalimar Dr

Less than two miles to the ocean, 4 plex directly facing a city park. All long term tenants in 100% 2 bed layouts. Street was closed off to through traffic and is in an opportunity zone. Bread and butter units always full. Walking distance to everything.

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Stories: 2

Listing Office:

  • Office Name: Hoyt Real Estate, Inc.
  • Office Phone: (949) 283-1696
  • Listing Agent: Matthew Hoyt

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

School Info

Assigned Schools Information:

  • Newport Harbor High School, Public District Grades 9-12
  • Horace Ensign Intermediate School, Public District Grades 7-8
  • Whittier Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: James to Shalimar

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000

Tax Information:

  • Annual Amount: $10,397
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Costa Mesa, CA.

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Costa Mesa, CA

City

Med. Sold Price

$1.3M

Med. Price/SqFt

$780

Avg. Days On Market

20

# of Sold Homes

37

778 Shalimar Dr vs Costa Mesa

152 DAYS ON ROCKET

+132 Days

$1,750,000

+$399.2K More

KEY TAKEAWAY

This property is $399.2K more than the Median Sold Price in Costa Mesa, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24104809

Listing Office:

  • Office Name: Hoyt Real Estate, Inc.
  • Office Phone: (949) 283-1696
  • Listing Agent: Matthew Hoyt

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/23/2024, 1:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 10, 2005Home Sold
$890,000
Dec 22, 1997Home Sold
$190,000
May 19, 1995Home Sold
$380,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,397$775,134
2020$10,240$767,186
2019$9,801$752,144
2018$9,802$737,397
2017$9,651$722,939

History based on county public records data.

Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-939700
4
/10

  • Whittier Elementary School

  • 1800 Whittier Ave

  • 0.51 miles

  • Public District Grades KG-6

Middle School

school-card-donut-939701
8
/10

  • Horace Ensign Intermediate School

  • 2000 Cliff Dr

  • 1.58 miles

  • Public District Grades 7-8

High School

school-card-donut-939702
7
/10

  • Newport Harbor High School

  • 600 Irvine Ave

  • 1.50 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,224. The most common annual income of people living in Costa Mesa, CA is between $35k-100k. The most common type of family is married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Orange County›Costa Mesa›92627›778 Shalimar Dr

This home is located at 778 Shalimar Dr in Costa Mesa, CA and zip code 92627 in the Westside Costa Mesa neighborhood. This home, which was built in 1961, sits on a 0.16 acre lot. It has been listed on Rocket Homes since May 23, 2024 and is currently priced at $1,750,000.

In September 2024 more than 15 listings in Costa Mesa, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 19 were sold below. The number of homes for sale in Costa Mesa, CA increased by 3.3% between August 2024 and September 2024. The median list price of listings available in September 2024 was $1,350,800, while the average time on the real estate market was 20 days.

From Rocket Homes Real Estate and based on county public records data.

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