617 Marguerite Avenue, Corona Del Mar, CA 92625
Property · 3 recorded sales since 2017
Sold August 2019
Listing Agent: Matt Perry (DRE #01192690) · Listing Office: Arbor Real Estate · Contact: 949-673-7600 · Bought with: Wayne Smith · Corona Del Mar Properties Inc · MLS #LG19169784 · Source: CRMLS
About this property
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.
Listing description from the August 2019 sale, as reported to CRMLS.
Sale history
