Thank you
Carter Weir
Berkshire Hathaway Homeservice
949-723-7080
Extraordinary investment opportunity awaits in the Village of Corona del Mar with this rare gem—a duplex perched on a 40-by-118-foot lot, ocean side of PCH. Unveil a canvas of possibilities with this property, which comes complete with fully developed and approved plans from award winning architect Eric Aust, ready for permit acquisition. Envision the front unit boasting 2,741 square feet of living space, featuring 3 bedrooms and 3.5 baths, while the rear unit offers a gracious 1,737 square feet with 3 bedrooms and 3.5 baths. For those seeking immediate occupancy, the front unit currently presents 3 bedrooms, 3 bathrooms, and soaring high ceilings adorned with beams. A detached 3-car garage complements the property. The rear unit, ideal for rental income, features 2 bedrooms and 1 half bath. Capitalize on the existing configuration for a robust rental income stream or embrace the opportunity for a seamless renovation. This duplex not only promises a lucrative investment but also embodies the essence of Corona del Mar's coveted lifestyle. Seize the chance to elevate this property into a beacon of luxury living or harness its current allure for attractive rental income.
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Total Bedrooms : 5
Total Baths: 4
Full Baths: 1
Half Baths: 3
Water Source : Public
Sewer : Public Sewer
Roof : Composition
Interior Features: Beamed Ceilings,Balcony,Granite Counters,High Ceilings,All Bedrooms Down
Property Appliances: Dishwasher,Gas Oven
Fireplace: Living Room
Flooring: Laminate,Vinyl
None
Air Conditioning
Central,None
Has Heating
Fireplace Features: Living Room
Has Fireplace: 1
Year Built: 1961
Construction: Brick,Stucco
Roof: Composition
Slab
Smoke Detector(s)
None
Laundry Closet,In Garage
Patio
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1084
Lot Size Dimensions: 40x118
Lot Size Source: Assessor
Lot Size Square Feet: 4720
Original List Price: 3,995,000
Listing Contract Date: 2024-01-11
Listing Agreement: Exclusive Right To Sell
Parcel Number: 45917214
Garage Description: Door-Multi,Garage
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: CS - Corona Del Mar - Spyglass
Postal Code Plus 4: 2922
Directions: Bayside to Heliotrope, property on left.
Source Property Type: Residential
Area: CS - Corona Del Mar - Spyglass
Property SubType: Duplex
Property Age: 63
Common Walls: No Common Walls
Structure Type: Duplex
Year Built Source: Public Records
Total Square Feet Living: 1960
Entry Level: 1
Entry Location: street
Levels or Stories: Multi/Split
Structure Type: Duplex
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2701 Shell Street, Corona Del Mar, CA,92625 | $19,995,000 | 5 | 6 | 5,276 | 8125 Sqft |
3541 Lilac Avenue #42, Corona Del Mar, CA,92625 | $8,250 | 2 | 2 | 1,800 | -- |
601 Poinsettia Avenue, Corona Del Mar, CA,92625 | $9,000 | 2 | 2 | 1,213 | 3440 Sqft |
3000 Breakers Drive, Corona Del Mar, CA,92625 | $7,975,000 | 3 | 2 | 2,485 | 2929 Sqft |
2209 Bayside Drive, Corona Del Mar, CA,92625 | $31,999,000 | 5 | 7 | 8,278 | 12286 Sqft |
1912 Kewamee Drive, Corona Del Mar, CA,92625 | $9,975,000 | 5 | 5 | 5,445 | 11021 Sqft |
221 Carnation Avenue, Corona Del Mar, CA,92625 | $8,500,000 | 3 | 3 | 2,663 | -- |
1831 Seadrift Drive, Corona Del Mar, CA,92625 | $4,799,000 | 5 | 2 | 2,878 | 8625 Sqft |
504 Avocado Avenue #1/2, Corona Del Mar, CA,92625 | $1,498,000 | 1 | -- | 799 | -- |
407 Heliotrope Avenue, Corona Del Mar, CA,92625 | $3,995,000 | 5 | 3 | 1,960 | 4720 Sqft |
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ByOwner last updated this listing 05/08/2024 @ 17:52
MLS: NP24009581
LISTED BY: Carter Weir, Berkshire Hathaway Homeservice
SOURCE: CRMLS
Buyer Agency Compensation: 2.25%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.