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610 Marguerite Avenue, Corona del Mar, CA 92625

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For Sale

$9,450,000

12 beds • 6 baths • 4,500 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $2,100.00
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This six unit income property is not available anywhere else in Corona del Mar as its the first time on the market in over fifty years and may never be available again. This ultra-rare scenario is unique in that it is comprised of both 610 & 614 Marguerite Avenue adjoining parcels with each lot being 45 wide x 118 feet deep for a total of ninety feet of frontage and a combined 10,620 SF lot. Imagine what one can do with a 90' wide lot or two 45' wide lots or possibly three 30' wide lots in the heart of Corona del Mar. The ultra-private setting is a garden oasis with lush landscaping creating a serene and peaceful living environment that is second to no other property on the flower streets. Three units are on 610 Marguerite and three units are on 614 Marguerite and are identical to each other. Fireplaces located in the front house and unit A. Property has been professionally managed by Genuine Property Management since 2018. Interior photos and 3D virtual tours are available. Copies of floor plan, leases, visual inspection reports, repair history, and tenant ledgers are available upon request. Close to all the CDM Village restaurants, shops, and amenities, as well as a short walk to parks, trails, beaches, and Oasis Senior Center. Each unit has a one car garage, a shared laundry room, and is being sold as-is. Both lots are being sold together. Please do not disturb residents.
MLS# NP24117368

Courtesy Of Old Newport Realty

(949) 298-4888

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Lawn, Garden
  • Appliances
    Garbage Disposer, Oven - Gas, Range - Gas, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    None
  • Heating System
    Central Furnace
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Three-Quarter Bath

Map and Directions

Directions to 610 Marguerite Avenue, Corona del Mar, CA 92625

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Monthly Payment Breakdown

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  • Hazard Insurance
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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