1635 Coriander Dr Costa Mesa, CA 92626
Mesa Verde NeighborhoodEstimated payment $14,119/month
Highlights
- Laundry Facilities
- California Elementary School Rated A
- 2-minute walk to Smallwood Park
About This Home
Coriander Drive is a rare four-unit investment opportunity located on the spice streets in the highly sought-after Mesa Verde neighborhood of Costa Mesa. The property features an exceptional unit mix consisting of one spacious three-bedroom unit and three well-designed two-bedroom units, catering to a broad tenant base seeking larger floor plans with units ranging from 1000-1600 sqft. in one of Orange County’s most desirable rental markets. The property has been well maintained and benefits from recent exterior improvements, including upgrades staircases, new windows, new tankless water heater, allowing a new owner to capitalize on a stable in-place income stream while continuing to enhance the asset over time. Positioned on a generous lot with seven on-site parking spaces, the property offers an amenity that is increasingly valuable in the Costa Mesa market. With below-market rents, investors have the opportunity to achieve meaningful rental upside as units naturally turn over, creating the potential for increased cash flow and long-term appreciation.
Listing Agent
Triqor Group Brokerage Email: chris@triqorgroup.com License #01702116 Listed on: 07/27/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 8,001 Sq Ft Lot
- Two or More Common Walls
- Irregular Lot
Parking
- 2 Open Parking Spaces
- 5 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 4,534 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 5475
- Assessor Parcel Number 13949202
- $1,676 per year additional tax assessments
Community Details
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $40,657
- Gross Income $121,114
- Net Operating Income $80,457
Additional Features
- 4 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $22,657 | $2,042,547 | $1,766,527 | $276,020 |
| 2025 | $22,657 | $2,002,498 | $1,731,890 | $270,608 |
| 2024 | $22,263 | $1,963,234 | $1,697,932 | $265,302 |
| 2023 | $21,705 | $1,924,740 | $1,664,640 | $260,100 |
| 2022 | $21,210 | $1,887,000 | $1,632,000 | $255,000 |
| 2021 | $2,718 | $143,347 | $41,254 | $102,093 |
| 2020 | $2,693 | $141,878 | $40,831 | $101,047 |
| 2019 | $2,661 | $139,097 | $40,031 | $99,066 |
| 2018 | $2,620 | $136,370 | $39,246 | $97,124 |
| 2017 | $2,582 | $133,697 | $38,477 | $95,220 |
| 2016 | $2,535 | $131,076 | $37,723 | $93,353 |
| 2015 | $2,502 | $129,108 | $37,157 | $91,951 |
| 2014 | $2,447 | $126,579 | $36,429 | $90,150 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/27/2026 07/27/26 | For Sale | $2,150,000 | +16.2% | $474 / Sq Ft | |
| 04/05/2021 04/05/21 | Sold | $1,850,000 | 0.0% | $408 / Sq Ft | View Prior Sale |
| 01/11/2021 01/11/21 | For Sale | $1,850,000 | -- | $408 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,850,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $688,000 | Purchase Money Mortgage | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $162,000 | Unknown | |
| Previous Owner | -- | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26163488
APN: 139-492-02
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.
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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