614 Marguerite Avenue, Corona Del Mar, CA 92625
- $7,500,000
- Sold Price
- $7,500,000
- List Price
- $4,195,000
- Closing Date
- Nov 15, 2024
- Status
- CLOSED
- MLS#
- NP24185644
- Year Built
- 1947
- Lot Size
- 5,310
- Acres
- 0.12
- Lot Location
- Front Yard, Garden
- Days on Market
- 0
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- Two Levels
- Neighborhood
- Corona Del Mar North Of Pch (Cnhw)
Property Description
Back on the market... Imagine what one can do with two 45' wide lots in the heart and soul of Corona del Mar located at 610 & 614 Marguerite. This is an opportunity to own what is currently two triplexes nestled on three 30' wide lots as the city has the original parcel map showing three lots that can be reinstated during plan review. The three parcels total 10,620 square feet ideal for new construction for six condos or three houses with an ADU or three duplexes. The current ultra-private setting is a garden oasis with lush landscaping creating a serene and peaceful living environment that is second to none to any other property in the flower streets. Documents such as parcel map showing three parcels, rent roll, repair history, triplex photos, 3D video, floor plans, and visual inspection reports are available upon request. The location is close to all of what the Village has to offer such as world class restaurants, shops, beaches, coves, and all the amenities. Plus, it's just a short walk to parks, hiking trails, beaches, coves, bay, and the Oasis Senior Center. Each of the six units has a detached one car garage and a shared laundry room.
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Additional Information
- Appliances
- Gas Oven, Gas Range, Refrigerator
- Pool Description
- None
- Fireplace Description
- Family Room
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- None
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $214,800
- Operating Expense
- 10500
Listing courtesy of Listing Agent: Marcel Ford (marcel@oldnewportrealty.com) from Listing Office: Old Newport Realty.
Listing sold by Marcel Ford from Old Newport Realty
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.