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Corona Del Mar,CA 92625
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,492 sqft
Price per Sqft $1,482
Subdivision Corona Del Mar South Of Pch (Cdms)
MLS Listing ID NP24045926
Year Built 1977
Lot Size 4,356 Sqft
Property Description
Welcome to a rare and exceptional opportunity in the heart of Corona Del Mar village, where coastal living meets investment potential. This cosmetically remodeled duplex, nestled in a prime location south of Pacific Coast Hwy and Bayside Drive, offers an unparalleled lifestyle with close proximity to the renowned beaches of CDM.
Zoned R2, this property boasts a commanding view of the park/playground below, the charming neighborhood, and the picturesque hills of Newport Coast. At the end of a tranquil cul-de-sac, this duplex provides a peaceful retreat while being within walking distance of the sun-soaked shores.
Both units, currently occupied on a month-to-month basis, feature a desirable 3-bedroom, 2-bathroom layout with upgraded kitchens and bathrooms. The large balcony upstairs presents an idyllic spot to soak in the panoramic views of the park and surrounding neighborhood.
This spacious duplex not only offers a comfortable residence but also unlocks various income opportunities. With excellent walkability, residents can explore world-class dining options in the village, access renowned schools, indulge in shopping, traverse scenic hiking trails, and tee off at nearby golf courses.
Whether you're considering redevelopment or seeking to enhance the revenue of a trophy cash-flowing asset, this property is primed for success. Seize the chance to own a piece of Corona Del Mar's coveted real estate, where every day is an opportunity for coastal bliss and investment prosperity.
Location
State CA
County Orange
Area Cs - Corona Del Mar - Spyglass
Rooms
Ensuite Laundry Inside,Laundry Closet
Interior
Laundry Location Inside,Laundry Closet
Heating Forced Air
Cooling None
Flooring Tile,Vinyl
Fireplaces Type Living Room
Laundry Inside,Laundry Closet
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs,Fishing,Hiking,Street Lights,Sidewalks,Urban,Park
Amenities Available Dog Park,Trail(s),Trash,Water
View Y/N Yes
View Bluff,City Lights,Mountain(s),Neighborhood
Roof Type Shingle
Building
Lot Description Bluff,Corner Lot,Near Park
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,Submit
Listing Terms Cash,Cash to New Loan,Conventional,Submit
Special Listing Condition Standard