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$2,995,000

308 Marguerite Avenue
Corona Del Mar, CA 92625

For Sale|Condo|Active Under Contract
5 Beds
3 Baths
2749 SqFt
Built in 1955
34 Days Online
$1089.49/SqFt
Subdivision:
Corona del Mar South of PCH (CDMS)
County:
Orange
Call Now: 949-209-9004
Is this the home for you? We can help make it yours.
949-209-9004
308 Marguerite Avenue308 Marguerite Avenue308 Marguerite Avenue308 Marguerite Avenue
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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 Snapshot
Price
$2,995,000
Days Online
34 Days
Bedrooms
5
Inside Area (SqFt)
2,749 sqft
Total Baths
3
Partial Baths
N/A
Lot Size
0.0813 Acres
Year Built
1955
MLS Number
NP20010242
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
10 hours agoListing updated with changes from the MLS
2 weeks agoStatus changed to Active Under Contract
a month agoListing first seen online
General Features
Architectural Style
CottageTraditional
Property Sub Type
Triplex
On-Site Parking
Yes
Parking Features
GarageGarage Faces Rear
Attached Garage
No
Stories
OneTwo
Sewer
Public Sewer
Listing Conditions
Standard
Interior Features
Cooling
Wall/Window Unit(s)
Heating
Wall FurnaceFireplace(s)
Fireplace
Yes
Fireplace Details
Living RoomSee Remarks
Flooring
Wood
Appliances
Free-Standing RangeDisposalGas OvenGas RangeMicrowaveRefrigerator
Accessibility Features
Customized Wheelchair Accessible
More Interior Features
Built-in FeaturesCeiling Fan(s)Granite CountersOpen Floorplan
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Exterior Features
Pool
No
Pool Features
None
View
City LightsOceanPeek-A-BooWater
Road Frontage
Alley
Lot Features
Near Public TransitPark NearbyPatio HomeWalkstreet
Waterfront Features
Across the Road from Lake/OceanBeach AccessOcean Side of FreewayOcean Side Of Highway 1
Community Features
MLS Area
CS – Corona Del Mar – Spyglass
On-Site Laundry
Yes
Laundry Features
Community
Senior Community
No
More Community Features
Curbs
Schools
School District
Newport Mesa Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of: Casey Lesher 01795953 with Coldwell Banker Res. Brokerage 00616212

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.
Data Last Updated on Tue Feb 18 2020 21:30:00
Neighborhood & Commute
Source: Walkscore
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