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    1635 Coriander Drive

    Costa Mesa, CA 92626
    • $1,850,000
    • STATUS: Active Under Contract
    • ON SITE: 54 days
    • ID#: LG20263182
    Under Contract
    $1,850,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,534
      SQFT
    • $408
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Hard to find spacious fourplex in the highly desirable Spice Streets Tract of Mesa Verde. This beautifully maintained building is conveniently located off of Harbor and Baker Street and situated near multiple restaurants, retail shopping center destinations, Smallwood park and in close proximity to 73, 405 and 55 freeways. At the quiet end of the street -close to the park and away from Harbor Blvd.Unit A is 3 bedroom/2 bath on the ground floor. All others are 2 bedroom, 2 bath. Three of the units are occupied by long term tenants, shown with accepted offer only. One two bedroom unit has been newly renovated with wood flooring, granite kitchen countertops, new hardware, lighting, vanities, shower and dual paned windows.Plenty of parking, 5 garages and 2 assigned spots, shared laundry room and wide paved alley. The spacious yard and mature trees add to the charm and comfortable, quiet atmosphere.All expenses are estimated. Long term tenants-Pro forma rent in excess of $100,000.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-07T00:26:07.417. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cory Home Team | eXp Realty of California Inc. Licensed in the State of California, USA.

    www.searchcaliforniahomes.net/homes/113184887
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    1635 Coriander Drive Costa Mesa, CA 92626

    • Price: $1,850,000
    • Status: Active Under Contract
    • ID#: LG20263182
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,534
    SQFT
    $408
    $/SQFT
    1965
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    C1 - Mesa Verde
    Property Description
    Hard to find spacious fourplex in the highly desirable Spice Streets Tract of Mesa Verde. This beautifully maintained building is conveniently located off of Harbor and Baker Street and situated near multiple restaurants, retail shopping center destinations, Smallwood park and in close proximity to 73, 405 and 55 freeways. At the quiet end of the street -close to the park and away from Harbor Blvd.Unit A is 3 bedroom/2 bath on the ground floor. All others are 2 bedroom, 2 bath. Three of the units are occupied by long term tenants, shown with accepted offer only. One two bedroom unit has been newly renovated with wood flooring, granite kitchen countertops, new hardware, lighting, vanities, shower and dual paned windows.Plenty of parking, 5 garages and 2 assigned spots, shared laundry room and wide paved alley. The spacious yard and mature trees add to the charm and comfortable, quiet atmosphere.All expenses are estimated. Long term tenants-Pro forma rent in excess of $100,000.
    Exterior Features

    Construction Materials Stucco Exterior Features Rain GuttersTv Antenna Fence YN Yes Fencing Redwood Foundation Details Slab Garage Spaces 5.00 Lot Features Front YardLawnLevel With StreetRectangular LotLevelYard Lot Size Units Square Feet Parking Features AssignedGarage Faces Rear Parking Total 7.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Alley PavedPaved Roof Composition Spa Features None Spa YN No Uncovered Spaces 2.00 View None View YN No

    Interior Features

    Appliances DishwasherDisposalGas RangeGas Water HeaterWater Heater Central Appliances YN Yes Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetTileWood Heating Central Heating YN Yes Interior Features Ceiling Fan(S)Granite Counters Laundry Features Community Levels Two Window Features Double Pane WindowsScreens

    Property Features

    Accessibility Features None Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalksStorm DrainsStreet LightsSuburban Country Us Current Financing None Electric 220 Volts in Laundry Elevation Units Feet Gross Income 61092.00 Gross Scheduled Income 87492.00 Insurance Expense 1800.00 Land Lease YN No Laundry Equipment Own Lease Lease Laundry Income 600.00 Laundry YN Yes Net Operating Income 61492.00 New Construction YN No New Taxes Expense 20000.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 3 Number Wall AC 1 Operating Expense 26000.00 Property Sub Type Quadruplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Subdivision Name Other Spice Street Tract Tenant Pays None Total Actual Rent 5091.00 Total Expenses 26000.00 Trash Expense 1800.00 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 2400.00 Water Source Public Year Built Source Assessor Zoning Multi-Family

    Listing provided courtesy of Victoria Lee of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-07T00:26:07.417. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cory Home Team | eXp Realty of California Inc. Licensed in the State of California, USA.

     
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    Cory Home Team | eXp Realty of California Inc
    41951 Remington Ave., Ste 260
    Temecula CA, 92590