MLS® ID: NP20010548

308 MARGUERITE Avenue

Corona del Mar, California, 92625

$2,995,000 Active
  • - SQFT
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, large front patio. The single story middle unit offers 1 bedroom; 1 bathroom; and a 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. Seller’s full proforma available upon request.
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Listing courtesy of Coldwell Banker Res. Brokerage

Amenities

  • Full baths
    0
  • Half baths
    0
  • Three-quarter Baths
    0
  • Total Baths
    0
  • Zip
    92625
  • Office name
    Coldwell Banker Res. Brokerage
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Triplex
  • Year built
    1955
  • Lot size
    3540.00
  • Sewer
    Public Sewer
  • Heating
    Wall Furnace,Fireplace(s)
  • Tax year
    0
  • Agent name
    Casey Lesher
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • HOA fees
    $ 0.00
  • Price Range
    $2m+
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    U6312
  • Agent ID
    U40320

Location

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