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Sold for $2,225,000
  • Listed by: Coldwell Banker Realty • Donald Pfaff • 949-644-1600
    Bought with: The Oppenheim Group
    $2,225,000

    1551 Coriander Dr, Costa Mesa, CA 92626

    9beds
    8baths
    4,532sqft
    Quadruplex
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $491/sqft
    $3,555 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,555/mo

    Zestimate® history
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    What's special

    Large private patio yard
    On Hold / Preparing for Tenants / Welcome to Costa Mesa's Best Investment Community of 4 plex's. Inside of Mesa Verde's famous "Spice Streets" you'll find our Great Income Property. This well known LOCATION in Mesa North is on the Cool Ocean Side of the 405 fwy. This large 8,000 sq ft lot and big 4,532 apartment sq ft offer a large 1,400 sq ft front house apartment with 3 bedrooms and 2 baths that includes a Private master bath. Living room Fireplace, Large private patio yard and a full 2 car enclosed garage. The other 3 units offer fantastic open interior floor plans of apx. 1,000+ sq ft each with 2 bedroom and 2 bath's with Master bath. Each 2 bed unit has a large 1 car enclosed garage and there are 2 open parking space next to the Community washer and dryer laundry room. Tenant use of locked Common area Trash Bin. Get on the RIGHT side of Investment Ownership today with this Costa Mesa Premiere neighborhood offering. ~ We can Connect you Quickly and Close Escrow.!.

    Zillow last checked:

    Listing updated:

    Listed by:

    Donald Pfaff DRE #00629919 949-644-1600,

    Coldwell Banker Realty

    Bought with:

    Lisa Helou, DRE #00624164

    The Oppenheim Group

    Source: CRMLS,MLS#: OC23067946MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Gas Oven, Gas Range
    • Laundry: Common Area
    Features
    • Balcony, Ceiling Fan(s)
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,532
    • Total interior livable area: 4,532 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage, One Space
    • Garage spaces: 5
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: up and down
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 8,001 Square Feet
    • Features: Back Yard, Front Yard, Garden, Lawn
    Details
    • Parcel number: 13949216
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Sewer Tap Paid
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: Mesa Verde Residential Income (Mvri)
    Location
    • Region: Costa Mesa

    Financial & listing details

    • Price per square foot: $491/sqft
    • Tax assessed value: $2,314,890
    • Date on market: 4/27/2023
    • Cumulative days on market: 28 days
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
    • Lease term: Month To Month
    • Total actual rent: 8300
    • Tenant pays: Cable TV, Electricity, Gas

    Price history

    DateEventPrice
    8/23/2023Sold$2,225,000$491/sqft
    Source: CRMLS #OC23067946 Report a problem
    7/7/2023Pending sale$2,225,000+96.3%$491/sqft
    Source: CRMLS #OC23067946 Report a problem
    6/7/2013Listing removed$1,895
    Source: Orange County Property Management, Inc Report a problem
    6/4/2013Listed for rent$1,895
    Source: Orange County Property Management, Inc Report a problem
    2/4/2013Sold$1,133,500-11.8%$250/sqft
    Source: Public Record Report a problem
    10/5/2006Sold$1,285,000$284/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $2,314,890 +2%
    2025$25,556 +1.8%$2,269,500 +2%
    2024$25,102 +60.3%$2,225,000 +65.8%
    2023$15,658 +2.9%$1,341,619 +2%
    2022$15,222 +3%$1,315,313 +2%
    2021$14,778 +1%$1,289,523 +1%
    2020$14,636 $1,276,301 +2%
    2019$14,636 +2%$1,251,276 +2%
    2018$14,354 +3.7%$1,226,742 +2%
    2017$13,837 $1,202,689 +2%
    2016$13,837 +2.2%$1,179,107 +1.5%
    2015$13,534 +3.8%$1,161,396 +2.5%
    2014$13,033 $1,133,500 +11.2%
    2013-- $1,019,604 +2%
    2012-- $999,612 +2%
    2011-- $980,012 +0.8%
    2010-- $972,688 -0.2%
    2009-- $975,000 -25.6%
    2008-- $1,310,700 +2%
    2007-- $1,285,000 +201%
    2006-- $426,967 +2%
    2005-- $418,596 +2%
    2004-- $410,389 +1.9%
    2003-- $402,868 +2%
    2002-- $394,969 +2%
    2001$4,256 +2.6%$387,225 +2%
    2000$4,147 $379,633
    Find assessor info on the county website

    Neighborhood: 92626

    Nearby schools

    GreatSchools rating