Listing photo for 617 Marguerite Avenue, Corona Del Mar, CA

617 Marguerite Avenue,

Corona Del Mar, CA


2,631 Sqft
0.08 Acres
2 Garages

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.

Facts & Features
MLS® # LG19169784
Price $2,149,000
Bathrooms 0.00
Square Footage 2,631
Acres 0.08
Year Built 1968
Type Residential Income
Style Traditional
Status Closed
Community Information
Address 617 Marguerite Avenue
Area Corona Del Mar - Spyglass (CS)
Subdivision Corona del Mar North of PCH (CNHW)
City Corona Del Mar
County Orange
State CA
Zip Code 92625
Parking Spaces 2
# of Garages 2
Is Waterfront No
Has Pool No
Appliances Gas & Electric Dryer Hookup, Dishwasher, Garbage Disposal, Gas Oven, Gas Range, Gas Stove, Water Line to Refrigerator
Heating Wall Heater, Forced Air, Natural Gas, Fireplace
Cooling None
Fireplace Yes
# of Stories 2
Lot Description 0-1 Unit/Acre, Front Yard, Garden, Landscaped, Lot Shape-Rectangular, Lot-Level/Flat, Near Public Transit, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers Timer, Yard
Windows Window Blinds, Custom Window Covering, Double Pane Windows, Skylights
Roof Composition
Foundation Concrete Slab
Additional Information
Date Listed July 19th, 2019
Days on Market 3
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Agent Matt Perry(01192690)
Office Arbor Real Estate

Based on information from California Regional Multiple Listing Service, Inc. as of July 6th, 2020 at 5:57pm 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.

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