$2,795,000
For Sale

612 Marguerite Avenue

Corona del Mar, CA 92625
0.08 acres | #NP24185495
Listing OfficeOld Newport Realty
Browse 16 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Imagine what one can do when you purchase three adjacent 30' wide lots in the heart and soul of Corona del Mar located at 610 & 612 & 614 Marguerite that are all being sold together for $8.350M. This is an opportunity to own what are currently two triplexes nestled on three lots. The three parcels total 10,620 square feet ideal for new construction for six front/back condos or three houses with an ADU since each parcel is required to have two units. The current ultra-private setting is a garden oasis with lush landscaping creating a serene and peaceful living environment that is second to none in the flower streets. Currently, there is a triplex on 610 Marguerite and another triplex on 614 Marguerite and each are identical. Documents with interior photos, 3D virtual tours, floor plans, leases, visual inspection reports, repair history, and tenant ledgers are available upon request. This is close by 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 unit has a detached one car garage and a shared laundry room. All three lots must be sold together.

  • Property Details
      • Lot DescriptionFrontYard, Garden
      • Stories2
    • Measurements
      • Acres0.0813
    • 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 #NP24185495

Location

Joshua HenryBerkshire Hathaway Home Services California Properties
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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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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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