308 MARGUERITE Avenue, Corona del Mar, CA 92625 (MLS # NP18077387)

Price $2,895,000
Status Active
Beds 5
Baths 3 baths
Home size 2,749 sq ft
Lot Size 3,539 sqft
Days on Market 15
HIGHLY PROFITABLE Corona del Mar triplex situated in a premier location of the Village just 1 short block to the beach and nearby local shops and restaurants. For builders: Being set on Marguerite allows for unique setbacks and fascinating views – supplying favored accommodations for a Corona del Mar builder – neighboring properties have provided record sales. For investment property owners: The property rates as a five-star on main stream rental sites and generates a high annual income amount. Rent the property while planning and permitting process is underway. All three units have been upgraded with designer finishes. This is a rare opportunity as very few triplexes exist in the village. The single-story front unit, is equipped with 2 bedrooms; 1 bathroom; fireplace; hardwood floors; and welcomes you with an ocean-view, front patio. The single story middle unit offers 1 bedroom; 1 bathroom; and a spacious side patio. The rear upper unit, boasts 2 bedrooms; 1 bathroom; hardwood floors, open floor plan and peek-a-boo ocean views. The property offers a large laundry room and storage area to the tenants of the triplex, along with a three-car garage. Units rent immediately with multiple applicants and have very low vacancy, if any.
Property Type(s): Single Family
Last Updated 4/5/2018 Tract Corona del Mar South of PCH (C
Year Built 1955 Community CS - Corona Del Mar - Spyglass
County Orange


School District Newport Mesa Unified
Elementary School Harbor View
Jr. High School Corona Del Mar
High School Corona Del Mar

Additional Details

AIR Wall Window
APPLIANCES Free Standing Range, Garbage Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
AREA CS - Corona Del Mar - Spyglass
GARAGE Garage, Garage - Rear Entry
HEAT Fireplace, Wall Heater
INTERIOR Built-Ins, Ceiling Fan, Granite Counters, Open Floor Plan
LOT 3540 sq ft
LOT DESCRIPTION Near Public Transit, Park Nearby, Patio Home, Walkstreet
PARKING Spaces: 3.00
STYLE Cottage, Traditional
SUBDIVISION Corona del Mar South of PCH (C
VIEW DESCRIPTION City Lights,Ocean,Peek-A-Boo,Water
WATER Public
WATERFRONT DESCRIPTION Across the Road from Lake/Ocean,Beach Access,Ocean Side of Freeway,Ocean Side Of Highway 1



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Listing provided by : Casey Lesher CalBRE:01795953, Coldwell Banker Res. Brokerage

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Based on information from California Regional Multiple Listing Service, Inc. as of 4/20/18 1:42 AM 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

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