$1,775,000
SOLD APR 11, 2025

745 Shalimar Dr Costa Mesa, CA 92627

Westside Costa Mesa Neighborhood
6 Beds
4 Baths
3,423 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$519 Per Sq Ft

4% Below List Price

44 Days on Market

Highlights

  • Park
  • Laundry Room
  • Bike Trail
  • Horace Ensign Intermediate School Rated A

About This Home

As of April 2025

4 units fully occupied with long term tenants..located in the opportunity zone. walking distance to shopping, theater, restaurants etc..

Last Agent to Sell the Property

Lily Labash

Barnes Realty Group Brokerage Phone: 949-307-8527 License #01263893 Listed on: 01/29/2025

Last Buyer's Agent

Jeff Cardona

Huntington West Prop. License #02048435

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,423 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 3102
  • Assessor Parcel Number 42405412

Community Details

Overview

  • 4 Units
  • Westside Costa Mesa South Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Bike Trail

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $27,500
  • Net Operating Income $82,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 9493078527
  • Price Per Unit: 462250
  • Property Attached: No
  • Subdivision Name Other: Westside Costa Mesa South (WSCM)
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 42405412
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 518.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room, Inside
  • Sewer: Other, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Scheduled Income: 110000.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 82500.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 27500.00
  • Operating Expense Percent: 25.00
  • Rent Control: No
  • Total Actual Rent: 9150.00
  • Total Expenses: 27500.00

Tax Info

  • Tax Census Tract: 636.05
  • Tax Lot: 41
  • Tax Tract Number: 3102

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $1,775,000 -4.0% $519 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $1,849,000 +21.2% $540 / Sq Ft
04/12/2021 04/12/21 Sold $1,525,000 0.0% $444 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
01/11/2021 01/11/21 Price Changed $1,525,000 +900.0% $444 / Sq Ft
01/11/2021 01/11/21 For Sale $152,500 -- $44 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lily Labash

    Seller's Agent in 2025

    Lily Labash

    Barnes Realty Group

    (949) 307-8527

    2 in this area

    3 Total Sales

    Lily Labash
    Section Image

  • J

    Buyer's Agent in 2025

    Jeff Cardona

    Huntington West Prop.

    (714) 891-1522

    3 in this area

    7 Total Sales

    Jeff Cardona
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Dave Lewis

    Huntington West Prop.

    2 in this area

    10 Total Sales

    Dave Lewis
    Section Image

  • N

    Buyer's Agent in 2021

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    8 in this area

    5,741 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG25021373

California Regional Multiple Listing Service (CRMLS)

APN: 424-054-12

California Orange County Costa Mesa 92627 Westside Costa Mesa

745 Shalimar Dr, Costa Mesa, CA

This home is located at 745 Shalimar Dr, Costa Mesa, CA 92627 and is currently priced at $1,775,000, approximately $518 per square foot. This property was built in 1962. 745 Shalimar Dr is a home located in Orange County with nearby schools including Whittier Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes