1557 Coriander Drive, Costa Mesa, CA 92626
- $2,125,000
- Sold Price
- $2,125,000
- List Price
- $2,134,000
- Closing Date
- Mar 27, 2025
- Status
- CLOSED
- MLS#
- PW25018716
- Year Built
- 1965
- Lot Size
- 7,841
- Acres
- 0.18
- Lot Location
- 0-1 Unit/Acre, Near Park, Sprinkler System
- Days on Market
- 2
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- Mesa Verde Residential Income (Mvri)
Property Description
A prime investment property in the heart of Mesa Verde’s Spice Streets! This 4,532-square-foot fourplex sits on a 7,841-square-foot lot and offers a strong rental history with long-term tenants. The unit mix includes a large 3-bed/2-bath front unit with a private master bath, a fireplace, a spacious patio, and a 2-car garage attached. Additionally, there are three 2-bed/2-bath units featuring master suites, great layouts, and 1-car garages. Other amenities include an on-site laundry facility, two uncovered parking spaces, and a small enclosed yard for unit b. This well-maintained property is ideally located near parks, shopping, dining, and major freeways, making it a fantastic opportunity for investors looking to maximize rental potential in one of Costa Mesa’s most desirable neighborhoods!
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $105,940
- Operating Expense
- 22212
Listing courtesy of Listing Agent: Kendra Fisher (kendra@torellirealty.com) from Listing Office: Torelli Realty.
Listing sold by Tim Smith from Coldwell Banker Realty
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