$2,460,000
$2,495,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
2516 & 2518 Bayside DR Corona Del Mar, CA 92625
5 Beds
5 Baths
2,500 SqFt
Key Details
Sold Price $2,460,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $984
Subdivision Corona Del Mar South Of Pch (Cdms)
MLS Listing ID OC21048150
Sold Date 04/14/21
Bedrooms 5
Full Baths 5
Construction Status Turnkey
HOA Y/N No
Year Built 1972
Lot Size 3540.000 Acres
Acres 3540.0
Property Description
Multi-unit income property, corner location, zoned R2 and has a peek-a-boo view of the bay. Building Plans Included, for two modern homes. Or leave structure as is, with three units, all rented, good income property and great location. Located one block from Begonia Park and within walking distance to the beach. Nestled in Corona del Mar village, south of PCH and adjacent to walking trails/sidewalks. Enter through a dedicated driveway (for only two parcels) and elevated from Bayside Drive. Spacious between neighbors. The structure has three units, each unit has their own address: Two (2516 & 2518) have 2 Bed/2 Bath/1-car garage and 3rd unit 2516 ½ is a studio. The two bedroom units each have A/C, newer appliances, refrigerators, and washer/dryer laundry closets. One unit has newly two remodeled bathrooms and the other has newer hardwood floors. Both have vaulted hardwood ceilings and lots of windows with views. The studio unit includes a storage room, a covered patio and side yard. All tenants are long term. Geological and topography reports completed.
Location
State CA
County Orange
Area Cs - Corona Del Mar - Spyglass
Zoning R2
Rooms
Main Level Bedrooms 1
Ensuite Laundry Inside, Laundry Room
Interior
Interior Features Cathedral Ceiling(s)
Laundry Location Inside,Laundry Room
Heating Forced Air
Cooling Central Air
Flooring Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Range, Disposal, Dryer, Washer
Laundry Inside, Laundry Room
Exterior
Garage Assigned, Garage, Garage Door Opener
Garage Spaces 2.0
Garage Description 2.0
Fence None
Pool None
Community Features Curbs
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description Ocean Side Of Freeway,Ocean Side Of Highway
View Y/N Yes
View Bay, Park/Greenbelt, Hills
Parking Type Assigned, Garage, Garage Door Opener
Attached Garage Yes
Total Parking Spaces 5
Private Pool No
Building
Lot Description Level, Rectangular Lot, Sprinkler System
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Turnkey
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 45911410
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Michelle Ultimo Hall • Ultimo Properties, Inc.
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Broker | License ID: DRE#01976964