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602 602.5 Marguerite 1-2

corona del mar, CA 92625

$4,995,000

  • logodouglas elliman exclusive
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Interested? Let's Connect

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 moments from the property, offering a gym, various classes and all kinds of other social events for the senior community at 55yrs & older.

Details

3,032 Sq Ft

3,772 Sq Ft Lot Size

other

Built in 1969

MLS/Listing ID NP26180031

2 Stories

2 Units

Amenities & Features

Community - Street Lights

Freezer

Gas Range

Gas Water Heater

Ice Maker

Microwave

Range Hood

Gas Starter Fireplace

Outside Fireplace

Good Condition

Community - Suburban

Community - Water Sports

Association - Maintenance Front Yard

Association - Outdoor Cooking Area

Association - Storage

Style - Bungalow

Style - Cottage

Public Water

Sewer

Tile

Composition

Blinds

Custom Coverings

Double Pane Windows

Screens

Beach Access

Ocean Access

Ocean Side of Freeway

City Lights View

Neighborhood View

Parking - Concrete

Parking - Door Single

Parking - Garage

Parking - Garage Door Opener

Parking - Garage Faces Rear

Parking - No Driveway

Parking - Private

Refrigerator

Washer

Water Heater

Accessible Doors

Low Pile Carpet

Style - Craftsman

Style - Custom

Style - Patio Home

Dishwasher

Disposal

Dryer

Electric Oven

Exhaust Fan

In Garage

Common Area

Lot - Yard

Lot - Walkstreet

Lot - Street Level

Lot - Sprinklers in Front

Lot - Sprinkler System

Lot - Rectangular Lot

Lot - Near Public Transit

Lot - Near Park

Lot - Level

Lot - Front Yard

Parking - Side-by-side

Gas Fireplace

Free-standing Fireplace

Vinyl

Carpet

Slab

Unfurnished

Partially Furnished

Furnished

Heating - Forced Air

Walk-in Closets

Storage

All Bedrooms Up

Balcony

Built-in Features

Dressing Area

Granite Countertops

In-Law Floorplan

Living Room Deck Attached

Multiple Staircases

Open Floor Plan

Recessed Lighting

Stone Countertops

Stone

Wood

Barbecue

Fire Pit

Lighting

Rain Gutters

Cooling - Ceiling Fans

Construction - Stucco

Community - Biking

Community - Curbs

Community - Fishing

Community - Foothills

Community - Golf

Community - Storm Drains

Community - Sidewalks

Community - Park

Community - Marina

Community - Hiking

Community - Gutters

Interested In 602 602.5 Marguerite 1-2?

NJMLS

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.