614 Marguerite Avenue

Corona Del Mar, CA 92625

PRICE INCREASE

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+$1,400,000 (+50.09%)

$4,195,000

List Price

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bed Beds

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shower Baths

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straighten / sqft

1947

calendar_month Built

Property 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.

Listing Information

List Price $4,195,000
Status Active
MLS NP24185644
Type Residential Income
Subtype Triplex
Year Built 1947
Lot Size 5,310
Structure Size N/A
DOM 35
Courtesy Of Old Newport Realty
Listing Agent Marcel Ford DRE#01064293

Interior Features

Laundry Information
Location(s) Common Area, Laundry Room
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Wood
Fireplace Information
Features Family Room
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Marcel Ford, Old Newport Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 11th, 2024 at 4:06 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.