Skip to content
For SaleOpen HouseLuxury

$4,695,000

3,032 sqft$1,548/sqft70 days on market

602 602.5 Marguerite Unit: 2

Corona Del Mar, CA 92625

· 8% down, 7% APR, 30yr fixed

6

Beds

6

Baths

3,032

Square feet

1969

Built

Listing narrative

Description

CHECK OUT THIS DUPLEX AT THIS GREAT PRICE! MOTIVATED SELLER! 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.

Listing agent (MLS): Denine Kerns · Listing brokerage (MLS): Douglas Elliman Of California

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$4,695,000

Beds

6 bd

Type

Multi-Family

Home Size

3,032 sqft

Baths

6

Lot Size

3,920 sqft

Year

1969

Neighborhood

Corona Del Mar North Of Pch

Status

For Sale

Days on Market

70

$ / Sqft

$1,548

· 8% down, 7% APR, 30yr fixed

Open Houses

  • Sun, Nov 8
Loading map…

Courtesy of Douglas Elliman Of California