$4,195,000
Pending

614 Marguerite Avenue

Corona del Mar, CA 92625
0.12 acres | #NP24185644
Listing OfficeOld Newport Realty
Browse 16 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Back on the market... Imagine what one can do with two 45' wide lots in the heart and soul of Corona del Mar located at 610 & 614 Marguerite. This is an opportunity to own what is currently two triplexes nestled on three 30' wide lots as the city has the original parcel map showing three lots that can be reinstated during plan review. The three parcels total 10,620 square feet ideal for new construction for six condos or three houses with an ADU or three duplexes. The current ultra-private setting is a garden oasis with lush landscaping creating a serene and peaceful living environment that is second to none to any other property in the flower streets. Documents such as parcel map showing three parcels, rent roll, repair history, triplex photos, 3D video, floor plans, and visual inspection reports are available upon request. The location is close to all of what the Village has to offer such as world class restaurants, shops, beaches, coves, and all the amenities. Plus, it's just a short walk to parks, hiking trails, beaches, coves, bay, and the Oasis Senior Center. Each of the six units has a detached one car garage and a shared laundry room.

  • Property Details
      • Lot DescriptionFrontYard, Garden
      • Stories2
    • Measurements
      • Acres0.1219
    • Parking
      • Parking Spaces6
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1947
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionCorona del Mar North of PCH (CNHW)
    • Location
      • CountyOrange
  • Financial Details
      • Original List Price$2,795,000
  • Other
      • MLS #NP24185644

Location

King Realty GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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