NOT LISTED FOR SALE

1641 Coriander Dr Costa Mesa, CA 92626

Mesa Verde Neighborhood
9 Beds
8 Baths
4,534 Sq Ft
8,276 Sq Ft Lot

Last Sold October 08, 2021

Last sale price $2,097,950 $463 Per Sq Ft

9 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 5 Car Garage
  • California Elementary School Rated A
  • Laundry Room
  • 2-minute walk to Smallwood Park

About This Home

As of October 2021

Well maintained 4-Plex on a prime oversized corner lot located in the highly sought after "Spice Streets" neighborhood of Mesa Verde. One 3 Bedroom 2 Bath unit and three 2 Bedroom 2 Bath units. Many improvements include a newer roof and exterior paint approximately 6 years ago. The largest Unit A has been recently upgraded including remodeled granite kitchen counters and appliances, recessed lights, remodeled bathrooms, paint and flooring. Unit D has a remodeled kitchen and remodeled bathrooms. A coin operated laundry is available for all the tenants. Take advantage of this rare opportunity NOW!

Last Agent to Sell the Property

Craig Ratowsky

Compass License #00608046 Listed on: 09/14/2021

Compass

Co-Listed By

Justin Ratowsky

Compass License #02026158

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 8,276 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 5 Car Garage
  • 1 Open Parking Space
  • Parking Available

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4,534 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 18
  • Tax Tract Number 5475
  • Assessor Parcel Number 13949201

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $840
  • Insurance Expense $5,740
  • Trash Expense $2,040
  • Water Sewer Expense $1,560
  • New Taxes Expense $24,000
  • Operating Expense $34,180
  • Gross Income $90,600
  • Net Operating Income $56,420

Property Details

Home Type

Multi-Family

Year Built

Built in 1965 | Remodeled

Lot Details

0

Parking

5

Listing Details

  • Price Per Unit: 500000
  • Property Attached: Yes
  • Subdivision Name Other: "Spice Streets"
  • Water Sewer Expenses: 1560.00
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 13949201
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 462.72

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2040.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 90600.00
  • Gross Scheduled Income: 90600.00
  • Insurance Expense: 5740.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 56420.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 34180.00
  • Rent Control: No
  • Total Expenses: 34180.00

Tax Info

  • New Taxes Expense: 24000.00
  • Tax Census Tract: 638.06
  • Tax Lot: 18
  • Tax Tract Number: 5475

Range of Values:

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Sold Price
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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
10/08/2021 10/08/21 Sold $2,097,950 +4.9% $463 / Sq Ft
09/14/2021 09/14/21 For Sale $2,000,000 -- $441 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Craig Ratowsky

    Seller's Agent in 2021

    Craig Ratowsky

    Compass

    (714) 318-5382

    1 in this area

    58 Total Sales

    Section Image
  • Justin Ratowsky

    Seller Co-Listing Agent in 2021

    Justin Ratowsky

    Compass

    (714) 336-5682

    1 in this area

    53 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    5,780 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21200059

California Regional Multiple Listing Service (CRMLS)

APN: 139-492-01

California Orange County Costa Mesa 92626 Mesa Verde

1641 Coriander Dr, Costa Mesa, CA

This home is located at 1641 Coriander Dr, Costa Mesa, CA 92626 since 14 September 2021. This property was built in 1965. 1641 Coriander Dr is a home located in Orange County with nearby schools including California Elementary School, Charles W. Tewinkle Middle School, and Estancia 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

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