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Located on one of the most picturesque palm tree-lined streets that defines the charm of Corona del Mar, this multi-unit investment property is a rare opportunity. The front 3 bedroom / 2 bathroom home has been tastefully upgraded and offers wood flooring, remodeled bathrooms and kitchen with custom cabinetry, stainless steel appliances, as well as newer windows, interior laundry, recessed lighting, a beautiful fireplace and an inviting private front patio ideal for dining al fresco. The rear home also brings one bedroom / one bathroom with a kitchenette on the ground level as well as 2 bedrooms and 2 bathrooms on the second level. The upper area in the rear home offers an open floor plan with an abundance of natural light and a recently improved kitchen and bathroom, spacious bedrooms, and sun room adjacent to the master bedroom with soothing palm tree views. With current income of nearly $8,000 per month, this property offers a variety of options for the owner user and or investor with the ability to live in the front home and collect over $4,000 monthly from the rear unit. Ideally located just a short distance from some of the areas finest dining, shopping and scenic coves and beaches, this spacious yet charming multi-unit income property is truly a rare offering in the heart of Corona del Mar.
Based on information from California Regional Multiple Listing Service, Inc. as of September 21st, 2019 at 1:07pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.