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.
|
DAYS ON MARKET
|
102
|
LAST UPDATED
|
3/27/2024
|
|
TRACT
|
Corona del Mar South of PCH (CDMS)
|
YEAR BUILT
|
1961
|
|
COMMUNITY
|
Corona Del Mar - Spyglass
|
GARAGE SPACES
|
3.0
|
|
COUNTY
|
Orange
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
|
Prior to Mar 27, '24
|
$4,150,000
|
| Mar 27, '24 - Today |
$3,995,000 |
| AIR |
None |
| AREA |
Corona Del Mar - Spyglass |
| BUYER'S BROKERAGE COMPENSATION |
2.250 % |
| FIREPLACE |
Yes |
| GARAGE |
Door-Multi, Garage, Yes |
| HEAT |
Central, None |
| HOA DUES |
0 |
| INTERIOR |
Beamed Ceilings, Cathedral Ceiling(s), Granite Counters, High Ceilings |
| LOT |
4720 sq ft |
| LOT DESCRIPTION |
Bluff |
| LOT DIMENSIONS |
40x118 |
| PARKING |
Door-Multi,Garage |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| SUBDIVISION |
Corona del Mar South of PCH (CDMS) |
| UTILITIES |
Cable Available,Electricity Connected |
| WATER |
Public |
| WATERFRONT |
Yes |
| WATERFRONT DESCRIPTION |
Ocean Side Of Highway |
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Listed with Berkshire Hathaway Homeservice
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/2/24 4:39 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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