1635 Coriander DR, Costa Mesa, CA 92626
1635 Coriander DR, Costa Mesa, CA 92626
1635 Coriander DR, Costa Mesa, CA 92626
1635 Coriander DR, Costa Mesa, CA 92626
1635 Coriander DR, Costa Mesa, CA 92626
1635 Coriander DR, Costa Mesa, CA 92626
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Listed by Chris Keramati, DRE #01702116 • Triqor Group
$ 2,150,000
Est. payment | /mo

8,001 Sqft Lot


Save
$ 2,150,000
Est. payment | /mo
Save

8,001 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW26163488

Year Built 1965

Lot Size 8,001 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

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.

Location

State CA

County Orange

Area 699 - Not Defined

Interior

Laundry Laundry Area

Exterior

Garage Spaces 7.0

Pool None

Building

Lot Description Irregular

Water District - Public

Others

Tax ID 13949202

Special Listing Condition Not Applicable

MLS Listing IDX PLUS

Nearby Locations

John Fagan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(669) 303-8501

john@johnfagangroup.com

1295 E Dunne Ave Suite 130 Morgan Hill, CA 95037, USA

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1635 Coriander DR