308 MARGUERITE Avenue, Corona Del Mar, CA 92625
Triplex · 4 recorded sales since 2018
Sold March 2020
Listing Agent: Casey Lesher (DRE #01795953) · Listing Office: Coldwell Banker Res. Brokerage · Contact: 949-644-1600 · Bought with: Casey Lesher · Coldwell Banker Res. Brokerage · MLS #NP20010548 · Source: CRMLS
About this triplex
HIGHLY PROFITABLE Corona del Mar triplex situated in a premier location of the Village just 1 short block to the beach and nearby local shops and restaurants. For builders: Being set on Marguerite allows for unique setbacks and fascinating views – supplying favored accommodations for a Corona del Mar builder – neighboring properties have provided record sales. For investment property owners: The property rates as a five-star on main stream rental sites and generates a high annual income amount. Rent the property while planning and permitting process is underway. All three units have been upgraded with designer finishes. This is a rare opportunity as very few triplexes exist in the village. The single-story front unit, is equipped with 2 bedrooms; 1 bathroom; fireplace; hardwood floors; and welcomes you with an ocean-view, large front patio. The single story middle unit offers 1 bedroom; 1 bathroom; and a side patio. The rear upper unit, boasts 2 bedrooms; 1 bathroom; hardwood floors, open floor plan and peek-a-boo ocean views. The property offers a large laundry room and storage area to the tenants of the triplex, along with a three-car garage. Units rent immediately with multiple applicants and have very low vacancy, if any. Seller’s full proforma available upon request.
Listing description from the March 2020 sale, as reported to CRMLS.
Sale history
