For Sale Duplex MLS# NP26189751

602 602.5 Marguerite 2

Corona Del Mar, CA 92625

$4,850,000

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About 602 602.5 Marguerite 2

CHECK OUT THIS DUPLEX AT THIS GREAT PRICE!!! Located in the heart of Corona Del Mar Village, just north of Pacific Coast Highway, this fabulous duplex is a great opportunity to own income property in CDM. Both front & back units are approx 1516 sq. ft. each, with 3 bedrooms and 2.5 baths, open floor plans, newer luxury vinyl flooring throughout, stone counters in the kitchens, gas cooktops w/ovens below, stainless steel dishwashers & refrigerators, 2 sets of laundry facilities in the garage, that has new epoxy flooring. There are spacious walk-in closets in the primary suites, lots of storage cabinets for linens, and mirrored closet doors in the all secondary bedrooms. The front home is fully furnished for short term rentals at premium prices. The back home is on a long-term lease that continues through May 2027 at $6400.00 per month. The exterior of the property just underwent a major facelift with a whole new expanded front patio with sliding glass doors, leading out from the front home. There's a new firepit, BBQ, seating area for additional outdoor entertaining space, new drought tolerant landscaping and front yard fencing that adds charm to the property. Each home has its own mailbox and separate entries. The back home has newer sliding glass doors leading out to a newly extended private patio for their space too. This duplex is just minutes from Corona del Mar's world famous beaches, a local park, the areas top restaurants, boutiques, shopping at Fashion Island, Laguna Beach & John Wayne Airport. Schools are top notch in the Newport Mesa school district and one is just a few blocks away. The Oasis Senior Center is just 2 blocks from the property, offering a gym, various classes & all kinds of other social events for the senior community of 55 yrs & older.

Property details

Property

Type
Duplex
MLS type
Duplex
Status
Active
Year built
1969
Stories
2
Living area
3,032 sqft
Price / sqft
$1,600
Lot
0.0866
Full baths
4
Half baths
2
Original price
$4,995,000
MLS #
NP26189751

Interior

Features
Built-in Features, Balcony, Ceiling Fan(s), Furnished, Granite Counters, In-Law Floorplan, Living Room Deck Attached, Multiple Staircases, Open Floorplan, Partially Furnished, Stone Counters, Recessed Lighting, Storage, Unfurnished, All Bedrooms Up, Dressing Area, Primary Suite, Walk-In Closet(s), Free Standing, Gas, Gas Starter, Outside, Fireplace, Low Pile Carpet, Accessible Doors
Appliances
Dishwasher, Exhaust Fan, Electric Oven, Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Water Heater, Dryer, Washer
Flooring
Carpet, Vinyl
Heating
Forced Air
Laundry
Common Area, In Garage
Windows
Blinds, Custom Covering(s), Double Pane Windows, Screens

Exterior & lot

Features
Bungalow, Cottage, Craftsman, Custom, Patio Home, Barbecue, Lighting, Rain Gutters, Fire Pit, Storage, Two On A Lot, Parking spaces: 2
Construction
Stucco
Roof
Composition, Tile
Foundation
Slab
Fence
Good Condition, Stone, Wood
View
City Lights, Neighborhood
Waterfront
Beach Access, Ocean Access, Ocean Side Of Freeway
Parking
Concrete, Door-Single, Garage, Garage Door Opener, No Driveway, Private, Garage Faces Rear, Side By Side
Garage spaces
2

Schools

District
Newport-Mesa Unified School District
Elementary
Lincoln
Middle
Corona Del Mar
High
Corona Del Mar

Utilities

Utilities
Sewer Tap Paid, Public, Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Standard
Water
Public
Sewer
Sewer Tap Paid
Security
Carbon Monoxide Detector(s), Fire Detection System, Smoke Detector(s)

Financial

Financial
Tenants & their personal property are in the back home, and will be sold as occupied.In front unit-art work is excluded & some of the fake plants are excluded.
Parcel
45906409
Special conditions
Standard, Trust

Location

Subdivision
Corona del Mar North of PCH (CNHW)
Area
CS - Corona Del Mar - Spyglass
County
Orange
Neighborhood
Corona Del Mar Village
Community
Alley, City Street, Maintenance Front Yard, 0.0, Newport Mesa Unified
Directions
From PCH, head up the street, property is located between 3rd and 4th Ave. on right side.

Ask about this property

Questions on 602 602.5 Marguerite 2, Corona Del Mar, CA 92625, or want to see it in person?

Listed by Denine Kerns, Douglas Elliman Of California

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.