Seller's Agent in 2025
Matthew Hoyt
Hoyt Real Estate, Inc.
(949) 283-1696
1 in this area
42 Total Sales
778 Shalimar Dr Costa Mesa, CA 92627
Westside Costa Mesa Neighborhood
2
Beds
1
Bath
3,390
Sq Ft
6,970
Sq Ft Lot
About This Home
As of June 2025Less 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.
Last Agent to Sell the Property
Hoyt Real Estate, Inc. Brokerage Phone: 949-283-1696 License #01426139 Listed on: 05/23/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 6,970 Sq Ft Lot
- No Common Walls
- Density is 6-10 Units/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,390 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Location
- Urban Location
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 3517
- Assessor Parcel Number 42405123
- $2,884 per year additional tax assessments
Community Details
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $600
- Fuel Expense $1,200
- Gardener Expense $600
- Insurance Expense $1,356
- Trash Expense $2,400
- Water Sewer Expense $3,600
- Operating Expense $30,341
- Gross Income $100,608
- Net Operating Income $70,267
Additional Features
- 4 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Sold | $1,725,000 | -1.4% | $509 / Sq Ft |
| 01/07/2025 01/07/25 | Pending | -- | -- | -- |
| 06/14/2024 06/14/24 | Price Changed | $1,750,000 | -5.4% | $516 / Sq Ft |
| 05/23/2024 05/23/24 | For Sale | $1,850,000 | -- | $546 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,835 | $839,027 | $740,286 | $98,741 |
| 2024 | $11,835 | $822,576 | $725,771 | $96,805 |
| 2023 | $11,338 | $806,448 | $711,541 | $94,907 |
| 2022 | $10,847 | $790,636 | $697,589 | $93,047 |
| 2021 | $10,397 | $775,134 | $683,911 | $91,223 |
| 2020 | $10,240 | $767,186 | $676,898 | $90,288 |
| 2019 | $10,007 | $752,144 | $663,626 | $88,518 |
| 2018 | $9,802 | $737,397 | $650,614 | $86,783 |
| 2017 | $9,651 | $722,939 | $637,857 | $85,082 |
| 2016 | $9,463 | $708,764 | $625,350 | $83,414 |
| 2015 | $9,375 | $698,118 | $615,956 | $82,162 |
| 2014 | -- | $684,443 | $603,890 | $80,553 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Hoyt
-
NoEmail NoEmail
N
Buyer's Agent in 2025
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
8 in this area
6,215 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24104809
APN: 424-051-23
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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
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