$2,100,000
$2,149,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
617 Marguerite AVE Corona Del Mar, CA 92625
3,484 Sqft Lot
Key Details
Sold Price $2,100,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Corona Del Mar North Of Pch (Cnhw)
MLS Listing ID LG19169784
Sold Date 08/22/19
Construction Status Turnkey
HOA Y/N No
Year Built 1968
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Located on one of the most picturesque palm tree-lined streets that defines the charm of Corona del Mar, this multi-unit investment property is a rare opportunity. The front 3 bedroom / 2 bathroom home has been tastefully upgraded and offers wood flooring, remodeled bathrooms and kitchen with custom cabinetry, stainless steel appliances, as well as newer windows, interior laundry, recessed lighting, a beautiful fireplace and an inviting private front patio ideal for dining al fresco. The rear home also brings one bedroom / one bathroom with a kitchenette on the ground level as well as 2 bedrooms and 2 bathrooms on the second level. The upper area in the rear home offers an open floor plan with an abundance of natural light and a recently improved kitchen and bathroom, spacious bedrooms, and sun room adjacent to the master bedroom with soothing palm tree views. With current income of nearly $8,000 per month, this property offers a variety of options for the owner user and or investor with the ability to live in the front home and collect over $4,000 monthly from the rear unit. Ideally located just a short distance from some of the areas finest dining, shopping and scenic coves and beaches, this spacious yet charming multi-unit income property is truly a rare offering in the heart of Corona del Mar.
Location
State CA
County Orange
Area Cs - Corona Del Mar - Spyglass
Rooms
Ensuite Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Interior
Interior Features Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, Open Floorplan, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Master
Laundry Location Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside,Laundry Room
Heating Forced Air, Fireplace(s), Natural Gas, Wall Furnace
Cooling None
Flooring Carpet, Tile, Wood
Fireplaces Type Living Room, Wood Burning
Fireplace Yes
Appliance Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Water To Refrigerator, Dryer, Washer
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Exterior
Exterior Feature Rain Gutters
Garage Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Good Condition
Pool None
Community Features Storm Drain(s), Street Lights, Sidewalks, Park
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N Yes
View Trees/Woods
Roof Type Composition
Accessibility Low Pile Carpet
Parking Type Garage
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Front Yard, Garden, Sprinklers In Front, Landscaped, Level, Near Park, Near Public Transit, Rectangular Lot, Sprinklers Timer, Sprinkler System, Yard
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 45906519
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Wayne Smith • Corona Del Mar Properties Inc
GUIDE SoCal
Broker | License ID: DRE#01976964