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$ 4,995,000
Est. payment /mo
Open Sun 1PM-4PM
602-602.5 Marguerite Corona Del Mar, CA 92625
6 Beds
6 Baths
3,772 Sqft Lot
Open House
Sun Aug 23, 1:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Corona Del Mar North Of Pch (Cnh
MLS Listing ID NP26180031
Bedrooms 6
Lot Size 3,772 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
CHECK OUT THIS DUPLEX AT THIS GREAT PRICE!!! Located in the heart of Corona Del Mar Village, just north of Pacific Coast Highway, this fabulous duplex is a great opportunity to own income property in CDM. Both front & back units are approx 1516 sq. ft. each, with 3 bedrooms and 2.5 baths, open floor plans, newer luxury vinyl flooring throughout, stone counters in the kitchens, gas cooktops w/ovens below, stainless steel dishwashers & refrigerators, 2 sets of laundry facilities in the garage, that has new epoxy flooring. There are spacious walk-in closets in the primary suites, lots of storage cabinets for linens, and mirrored closet doors in the all secondary bedrooms. The front home is fully furnished for short term rentals at premium prices. The back home is on a long-term lease that continues through May 2027 at $6400.00 per month. The exterior of the property just underwent a major facelift with a whole new expanded front patio with sliding glass doors, leading out from the front home. There's a new firepit, BBQ, seating area for additional outdoor entertaining space, new drought tolerant landscaping and front yard fencing that adds charm to the property. Each home has its own mailbox and separate entries. The back home has newer sliding glass doors leading out to a newly extended private patio for their space too. This duplex is just minutes from Corona del Mar's world famous beaches, a local park, the areas top restaurants, boutiques, shopping at Fashion Island, Laguna Beach & John Wayne Airport. Schools are top notch in the Newport Mesa school district and one is jus
Location
State CA
County Orange
Zoning Estimated
Direction From PCH, head up the street, property is located between 3rd and 4th Ave. on right side.
Interior
Heating Forced Air Unit
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Roof Type Composition,Tile/Clay
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 45906409
Acceptable Financing Cash
Listing Terms Cash
Listed by Denine Kerns, DRE#01248229 Douglas Elliman Of California