306 Marguerite Avenue, Corona Del Mar, CA 92625
- $3,600,000
- Sold Price
- $3,600,000
- List Price
- $3,750,000
- Closing Date
- Nov 27, 2024
- Status
- CLOSED
- MLS#
- OC24217649
- Year Built
- 1950
- Lot Size
- 3,485
- Acres
- 0.08
- Lot Location
- Rectangular Lot, Walkstreet
- Days on Market
- 5
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- Two Levels
- Neighborhood
- Corona Del Mar South Of Pch (Cdms)
Property Description
Would of, Could of, Should of.........Opportunity is knocking, are you listening??? Extremely rare 3 units on a 30 x 118" parcel in an exceptional location south of PCH in the Village of CDM on the Flower Streets. An incredible opportunity to build your dream home(s) in an almost unattainable location. Currently 306 Marguerite exists as one-2 bedroom unit and two-1 bedroom units, a laundry room and an oversized two car garage. Utilized as three independent month to month rentals, Marguerite is clean, tidy and functional but, is it truly its highest and best use? We'll let you decide. 306 Marguerite has been in the same family since 1964 and now you have the rare opportunity to call it "yours". Walkable to the best that Corona Del Mar has to offer: world class dining, idyllic beaches, impressive schools, spectacular shopping and an address that undeniably, very few are fortunate enough to own. Don't wait another 60 years for this opportunity to come again, opportunity is knocking now, are you listening?
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Additional Information
- Taxes
- $2,936
- Appliances
- Dishwasher, Free-Standing Range, Gas Range
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- Ocean, Peek-A-Boo
- Exterior Construction
- Stucco, Wood Siding
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Beamed Ceilings, Tile Counters, Bedroom on Main Level
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $80,400
- Operating Expense
- 18000
Listing courtesy of Listing Agent: Pamela Etem (Pam@TeamEtem.com) from Listing Office: The OC Real Estate.
Listing sold by Steven Sergi from VALIA Properties
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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.