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.
Sold for $1,725,000
Listed by: Hoyt Real Estate, Inc. • Matthew Hoyt • Contact: 949-619-6159
Bought with: NONMEMBER MRML
$1,725,000
778 Shalimar Dr, Costa Mesa, CA 92627
8beds
4baths
3,390sqft
Quadruplex
Built in 1961
-- sqft lot
$-- Zestimate®
$509/sqft
$2,882 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,882/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Matthew Hoyt DRE #01426139 949-283-1696,
Hoyt Real Estate, Inc.
Bought with:
Carlo Achdjian, DRE #01859108
NONMEMBER MRML
Source: CRMLS,MLS#: PW24104809
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,390
- Total interior livable area: 3,390 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 6,970 Square Feet
- Features: 6-10 Units/Acre
Details
- Parcel number: 42405123
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
- Subdivision: None
Location
- Region: Costa Mesa
Financial & listing details
- Price per square foot: $509/sqft
- Tax assessed value: $839,027
- Annual tax amount: $10,774
- Date on market: 5/23/2024
- Cumulative days on market: 229 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2025 | Sold | $1,725,000-1.4%$509/sqft |
Source:  CRMLS #PW24104809 Report a problem | ||
| 4/24/2025 | Pending sale | $1,750,000$516/sqft |
Source: CRMLS #PW24104809 Report a problem | ||
| 1/8/2025 | Contingent | $1,750,000$516/sqft |
Source: CRMLS #PW24104809 Report a problem | ||
| 6/15/2024 | Price change | $1,750,000-5.4%$516/sqft |
Source: CRMLS #PW24104809 Report a problem | ||
| 5/23/2024 | Listed for sale | $1,850,000+34.5%$546/sqft |
Source: CRMLS #PW24104809 Report a problem | ||
| 1/7/2021 | Listing removed | -- |
Source:  CRMLS Report a problem | ||
| 11/13/2020 | Listed for sale | $1,375,000+54.5%$406/sqft |
Source: Hoyt Real Estate, Inc. #PW20238799 Report a problem | ||
| 8/10/2005 | Sold | $890,000+368.4%$263/sqft |
Source: Public Record Report a problem | ||
| 12/22/1997 | Sold | $190,000-50%$56/sqft |
Source: Public Record Report a problem | ||
| 5/19/1995 | Sold | $380,000$112/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,774 -9% | $839,027 +2% |
| 2024 | $11,834 +4.4% | $822,576 +2% |
| 2023 | $11,338 +4.5% | $806,448 +2% |
| 2022 | $10,847 +4.3% | $790,636 +2% |
| 2021 | $10,397 +1.5% | $775,134 +1% |
| 2020 | $10,240 | $767,186 +2% |
| 2019 | $10,240 +2.3% | $752,144 +2% |
| 2018 | $10,007 +3.7% | $737,397 +2% |
| 2017 | $9,651 | $722,939 +2% |
| 2016 | $9,651 +2% | $708,764 +1.5% |
| 2015 | $9,463 +3.1% | $698,118 +2% |
| 2014 | $9,178 | $684,443 +0.5% |
| 2013 | -- | $681,350 +2% |
| 2012 | -- | $667,991 +2% |
| 2011 | -- | $654,894 +0.8% |
| 2010 | -- | $650,000 -15% |
| 2009 | -- | $765,000 -15.7% |
| 2008 | -- | $907,800 |
| 2007 | -- | $907,800 +2% |
| 2006 | -- | $890,000 +178.1% |
| 2005 | -- | $319,981 +2% |
| 2004 | -- | $313,707 +1.9% |
| 2003 | -- | $307,958 -12% |
| 2002 | -- | $350,000 +18.2% |
| 2001 | $3,329 +44.4% | $296,000 +50% |
| 2000 | $2,305 | $197,390 |
Find assessor info on the county website
Neighborhood: 92627
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Nearby schools
GreatSchools rating
- 3/10Whittier Elementary SchoolGrades: K-6Distance: 0.5 mi
- 9/10Horace Ensign Intermediate SchoolGrades: 7-8Distance: 1.6 mi
- 9/10Newport Harbor High SchoolGrades: 9-12Distance: 1.5 mi
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- California
- Orange County
- Costa Mesa
- 92627
- 778 Shalimar Dr
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