$3,750,000
$4,195,000
10.6%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
5,310 Sqft Lot
SOLD DATE : 11/16/2024
Key Details
Sold Price $3,750,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NP24117368
Sold Date 11/16/24
Bedrooms 6
HOA Y/N No
Lot Size 5,310 Sqft
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.
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.
Location
State CA
County Orange
Area Oc - Corona Del Mar (92625)
Zoning Appraiser
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Others
Monthly Total Fees $44
Acceptable Financing Cash
Space Rent $6,200
Listing Terms Cash
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Old Newport Realty
1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States