602 602.5 Marguerite #2, Corona Del Mar, CA 92625
602 602.5 Marguerite #2, Corona Del Mar, CA 92625
602 602.5 Marguerite #2, Corona Del Mar, CA 92625
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$4,850,000
Est. payment /mo
3,772 Sqft Lot
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Sat Oct 10, 1:00pm - 4:00pm

Sun Oct 11, 1:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Corona Del Mar North Of Pch (Cnhw)

MLS Listing ID NP26180031

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1969

Lot Size 3,772 Sqft

Property Sub-Type Duplex

Property Description

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.

Location

State CA

County Orange

Area Cs - Corona Del Mar - Spyglass

Rooms

Other Rooms Storage, Two On A Lot

Interior

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)

Heating Forced Air

Cooling None

Flooring Carpet, Vinyl

Fireplaces Type Free Standing, Gas, Gas Starter, Outside

Inclusions 2 refrigerators, 2 sets of washers & dryers, all furnishings &some accessories in the front home, including linens, lamps, rugs, patio furniture & New BBQ.

Equipment Satellite Dish

Fireplace Yes

Appliance Dishwasher, Exhaust Fan, Electric Oven, Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Water Heater, Dryer, Washer

Laundry Common Area, In Garage

Exterior

Exterior Feature Barbecue, Lighting, Rain Gutters, Fire Pit

Parking Features Concrete, Door-Single, Garage, Garage Door Opener, No Driveway, Private, Garage Faces Rear, Side By Side

Garage Spaces 2.0

Garage Description 2.0

Fence Good Condition, Stone, Wood

Pool None

Community Features Biking, Curbs, Foothills, Golf, Gutter(s), Hiking, Storm Drain(s), Street Lights, Suburban, Sidewalks, Water Sports, Fishing, Marina, Park

Utilities Available Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Amenities Available Maintenance Front Yard

Waterfront Description Beach Access,Ocean Access,Ocean Side Of Freeway

View Y/N Yes

View City Lights, Neighborhood

Roof Type Composition,Tile

Accessibility Low Pile Carpet, Accessible Doors

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre, Front Yard, Sprinklers In Front, Level, Near Park, Near Public Transit, Rectangular Lot, Sprinkler System, Street Level, Walkstreet, Yard

Faces North

Story 2

Entry Level Two

Foundation Slab

Sewer Sewer Tap Paid

Water Public

Architectural Style Bungalow, Cottage, Craftsman, Custom, Patio Home

Level or Stories Two

Additional Building Storage, Two On A Lot

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 45906409

Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Denine Kerns Douglas Elliman Of California 949-689-7078, DRE #01248229

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