Seller's Agent in 2021
Keith Wichner
Seven Gables Real Estate
(714) 206-2383
1 in this area
36 Total Sales
1612 Coriander Dr Costa Mesa, CA 92626
Mesa Verde Neighborhood
9
Beds
8
Baths
4,532
Sq Ft
8,276
Sq Ft Lot
Highlights
- Contemporary Architecture
- Property is near public transit
- Forced Air Heating System
- California Elementary School Rated A
- Laundry Room
- 4-minute walk to Smallwood Park
About This Home
As of December 2021Don't miss this opportunity to purchase a "Spice Street Covington 4 plex" in the heart of Costa Mesa. Long Time owner has not kept up on rents but the future is Golden. Market rents would be at least $105,000 yr. 3 bed 1.75 ba Owners unit in front is approx 1490 SF and has a private patio yard and 2 car garage. The other units are all 2 bed 1.75 ba approx 1010 SF w yards or patio areas. Community laundry with owner supplied washer and dryer. garage Parking for 5 vehicles plus 2 spaces. Alley access in rear. Pleasant well maintained street close to the 405 frwy ( and 73 and 55 frwys).
Last Agent to Sell the Property
Seven Gables Real Estate License #00586443 Listed on: 12/01/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1966
Lot Details
- 8,276 Sq Ft Lot
- Property fronts an alley
- Two or More Common Walls
- South Facing Home
- Wood Fence
- Front Yard Sprinklers
Parking
- 5 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
- Two Garage Doors
- Parking Lot
Home Design
- Contemporary Architecture
- Quadruplex
- Entry on the 1st floor
- Copper Plumbing
Interior Spaces
- 4,532 Sq Ft Home
- 2-Story Property
Kitchen
- Gas Oven
- Gas Cooktop
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 9 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
Location
- Property is near public transit
- Suburban Location
Utilities
- Forced Air Heating System
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 28
- Tax Tract Number 5475
- Assessor Parcel Number 13949110
- $1,199 per year additional tax assessments
Community Details
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $400
- Insurance Expense $2,415
- Maintenance Expense $3,630
- Trash Expense $2,592
- Water Sewer Expense $2,160
- New Taxes Expense $23,000
- Operating Expense $39,051
- Gross Income $77,920
- Net Operating Income $36,531
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 |
|---|---|---|---|---|
| 12/29/2021 12/29/21 | Sold | $1,725,000 | -4.2% | $381 / Sq Ft |
| 12/01/2021 12/01/21 | For Sale | $1,800,000 | -- | $397 / 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 | $20,489 | $1,830,583 | $1,657,134 | $173,449 |
| 2024 | $20,489 | $1,794,690 | $1,624,641 | $170,049 |
| 2023 | $19,973 | $1,759,500 | $1,592,785 | $166,715 |
| 2022 | $19,506 | $1,725,000 | $1,500,000 | $225,000 |
| 2021 | $2,742 | $145,605 | $41,250 | $104,355 |
| 2020 | $2,716 | $144,112 | $40,827 | $103,285 |
| 2019 | $2,684 | $141,287 | $40,027 | $101,260 |
| 2018 | $2,643 | $138,517 | $39,242 | $99,275 |
| 2017 | $2,604 | $135,801 | $38,472 | $97,329 |
| 2016 | $2,556 | $133,139 | $37,718 | $95,421 |
| 2015 | $2,524 | $131,140 | $37,152 | $93,988 |
| 2014 | $2,468 | $128,572 | $36,425 | $92,147 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Wichner
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21257139
APN: 139-491-10
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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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