Address: |
view address Corona del Mar, CA 92625 Map Location |
Features: | Forced Air, Multi-level |
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Bedrooms: | 6 | Bathrooms: | 4 (full: 2, half: 2) |
Square Feet: | 2,900 sq.ft. | Lot Size: | 3489.0 |
Year Built: | 1973 | Views: | None |
Property Type: | Duplex | Neighborhood: | Corona del Mar North of PCH (CNHW) |
County: | Orange | List Date: | 2024-06-08 |
Listing Number: | OC24117204 | Listed By: | Engel & Voelkers Newport Beach |
Listing Office: | 714.404.0606 | Virtual Tour: | Click Here |
Days on market: | 12 |
Welcome to 613 Marigold Avenue, a charming duplex built in 1973 that's nestled in the heart of Corona del Mar's vibrant Village. PRIME LOCATION: Situated on a much-sought-after, quiet, tree-lined street with excellent walkability, just a few short blocks to downtown Corona del Mar and the beach. SPACIOUS LIVING: Both units are mirror images of each other, featuring 3 spacious bedrooms and 3 bathrooms. Each unit is filled with plenty of natural light, beamed ceilings and fireplaces in the family rooms, and cathedral ceilings in all bedrooms. FRONT UNIT: Double-wide French doors in the family room seamlessly blend indoor and outdoor spaces, leading to a fenced-off private courtyard that's perfect for entertaining and breathing in the ocean breeze. BACK UNIT: Features an expansive rooftop deck over the garage, facing west to capture those beautiful sunsets and cotton-candy skies. INVESTORS: This exceptional property is competitively priced...and offers an array of possibilities; whether you're looking to redevelop into two condos, enjoy one unit while renting out the other, or simply invest in a prime coastal location. It's a perfect "hybrid property" giving the investor the option to renovate now and rent out each unit between $6K-$8K per month, depending on the extent of the remodel. Proforma setup showing 4% cap rate is available upon request. Alternatively, it may be more suitable to tear-down and rebuild sometime in the future allowing for a bigger payout to the investor�ideally if/when interest rates, labor & material costs decline. NOTE: This duplex is being offered for sale as-is and represents a rare gem in a highly desirable location. Don't miss this opportunity to own a piece of coastal luxury in Corona del Mar. Contact us today to explore the potential of this versatile property! Showings will be scheduled with qualified offers by appointment only. Please do not disturb tenants.
Appliances: | Disposal, Dishwasher, Water Heater, Gas Water Heater, Gas Cooktop, Gas Oven, Microwave |
Door features: | French Doors | Fireplace features: | Family Room, Electric |
Laundry Features: | Washer Hookup, Gas Dryer Hookup, In Garage | Laundry: | Yes |
Interior Features: | Ceiling Fan(s), Beamed Ceilings, Cathedral Ceiling(s), Tile Counters, Granite Counters |
Cooling features: | None, Ceiling Fan(s) | Heating features: | Fireplace(s), Forced Air |
Heating: | Yes |
Roof: | Composition |
Pool Features: | None | Spa Features: | None |
Spa: | Yes |
Parking features: | On Street, Garage | Garage spaces: | 2 |
Fencing: | Vinyl, Wood | Patio and Porch features: | Front Porch |
Community Features: | Curbs, Sidewalks |
Views: | None |
Sewer: | Public Sewer |
Elementary School: | Harbor View | Middle or Junior School: | Corona Del Mar |
High School: | Corona Del Mar |
Special Listing Conditions: | Standard |
Year Built: | 1973 | Levels: | Two |
Stories: | 2 |
Lot Dimensions: | 3489.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
|
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.