1570 Coriander Drive

    Costa Mesa, CA 92626
    • $1,659,000
    • STATUS: Active
    • ON SITE: 31 days
    • ID#: OC18145372
    UPDATED: 212 min ago
    $1,659,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,532
      SQFT
    • $366
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Rarely on Market Popular Spice Street Fourplex!!!! Location, location, location!!!! This excellent 4-plex is in a very desirable neighborhood conveniently located south of Gisler and west of Harbor Blvd. The following renovations have been performed: Newer roll-up garage doors, New Vinyl Fence for Unit A, All New Toilets in 2012, All new Forced Air Heaters in 2013, Unit D bathtub re-glazed in 2013, New Central Water Heater in 2016, Rain Gutters serviced in 2015, Complete New Rear Cement Alley 2 to 3 years ago, New "Speed Queen" Washer and Dryer in 2018. Unit B is currently being re-rented at $1,800/month. Very easy to rent. Tenant in 3 bedroom had been thee since 1990. Priced to sell. Last sale sold for $1,682,500. Submit all offers. Hurry, Hurry, Hurry. This one won't last long.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-21T00:30:57.283. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84823463

    1570 Coriander Drive Costa Mesa, CA 92626

    • Price: $1,659,000
    • Status: Active
    • Updated: 212 min ago
    • ID#: OC18145372
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    4,532
    SQFT
    $366
    $/SQFT
    1965
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    C1 - Mesa Verde
    Property Description
    Rarely on Market Popular Spice Street Fourplex!!!! Location, location, location!!!! This excellent 4-plex is in a very desirable neighborhood conveniently located south of Gisler and west of Harbor Blvd. The following renovations have been performed: Newer roll-up garage doors, New Vinyl Fence for Unit A, All New Toilets in 2012, All new Forced Air Heaters in 2013, Unit D bathtub re-glazed in 2013, New Central Water Heater in 2016, Rain Gutters serviced in 2015, Complete New Rear Cement Alley 2 to 3 years ago, New "Speed Queen" Washer and Dryer in 2018. Unit B is currently being re-rented at $1,800/month. Very easy to rent. Tenant in 3 bedroom had been thee since 1990. Priced to sell. Last sale sold for $1,682,500. Submit all offers. Hurry, Hurry, Hurry. This one won't last long.
    Exterior Features

    Garage Spaces 5.00 Lot Features LandscapedLawnLot 6500-9999Sprinkler System Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Heating Forced Air Heating YN Yes Laundry Features CommunityDryer IncludedIndividual RoomInsideWasher Included Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 3.36 Community Features CurbsSidewalksStreet LightingSuburban Country Us Electric Expense 444.00 Elevation Units Feet Fuel Expense 541.00 Gardener Expense 1440.00 Gross Income 87300.00 Gross Multiplier 19.00 Gross Scheduled Income 87300.00 Insurance Expense 1548.00 Land Lease YN No Laundry YN Yes Maintenance Expense 4365.00 Maintenance Percent 5.00 Net Operating Income 55399.00 New Taxes Expense 18640.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Number With Dishwasher 4 Number With Range 4 Operating Expense 30155.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Spice Street Fourplexes Tax Rate 1.05 Tenant Pays ElectricityGas Total Actual Rent 87300.00 Total Expenses 30155.00 Trash Expense 1181.00 Water Sewer Expense 1721.00 Water Source Public

    Listing provided courtesy of Bob Walz of New Dimension Investment Prop.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-21T00:30:57.283. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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