Corona Del Mar, CA 92625 306 Marguerite Avenue
$3,750,000
30 more
Presented By: Pamela Etem with The OC Real Estate; 714-717-6408
Beds • 2
Baths • 1
SQFT • 2,225
Garage • 2
Home Details
Would of, Could of, Should of.........Opportunity is knocking, are you listening??? Extremely rare 3 units on a 30 x 118" parcel in an exceptional location south of PCH in the Village of CDM on the Flower Streets. An incredible opportunity to build your dream home(s) in an almost unattainable location. Currently 306 Marguerite exists as one-2 bedroom unit and two-1 bedroom units, a laundry room and an oversized two car garage. Utilized as three independent month to month rentals, Marguerite is clean, tidy and functional but, is it truly its highest and best use? We'll let you decide. 306 Marguerite has been in the same family since 1964 and now you have the rare opportunity to call it "yours". Walkable to the best that Corona Del Mar has to offer: world class dining, idyllic beaches, impressive schools, spectacular shopping and an address that undeniably, very few are fortunate enough to own. Don't wait another 60 years for this opportunity to come again, opportunity is knocking now, are you listening?
Presented By: Pamela Etem with The OC Real Estate; 714-717-6408
Interior Features for 306 Marguerite Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall, NoOneAbove, NoOneBelow
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
FlooringCarpet, Vinyl, Wood
Heating Y/NYes
Laundry FeaturesCommonArea, LaundryRoom
Total Stories2
Window FeaturesBlinds, DoublePaneWindows, Drapes, Screens, WoodFrames
Other Rooms
Entry Level1
General for 306 Marguerite Avenue
Additional Parcels Y/NNo
AppliancesDishwasher, FreeStandingRange, GasRange
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityCorona Del Mar
Community FeaturesCurbs, Fishing, Park, StormDrains, StreetLights, Suburban, Sidewalks
Construction MaterialsStucco, WoodSiding
Contingencynone
CoolingNone
CountyOrange
Current FinancingNone
DirectionsSouth on PCH, right on Marguerite Ave.
Electric Expense1200.0
Electric On Property Y/NNo
Entry Location1 and 2
Exterior FeaturesLighting
Fuel Expense319.0
Garage Spaces2.0
Garage Y/NYes
Gross Income80400.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense3000.0
Interior FeaturesBeamedCeilings, TileCounters, BedroomOnMainLevel
Land Lease Amount0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet3485.0
Lot Size UnitsSquareFeet
MLS AreaCS - Corona Del Mar - Spyglass
MobileHomeRemainsYNNo
Net Operating Income62400.0
New ConstructionNo
Number of Units Leased3
NumberOfUnitsTotal3
Open Parking Spaces1.0
Operating Expense18000.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NYes
Property ConditionRepairsCosmetic
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard, Trust
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Subdivision NameCorona del Mar South of PCH (CDMS)
Tax Annual Amount2936.0
Tax Lot8
Tenant PaysCableTv, Electricity, Gas, Insurance
TermsCash, CashToNewLoan, Conventional, Exchange1031, FHA, Submit, VaLoan
Trash Expense1850.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
ViewOcean, PeekABoo
Water Sewer Expense2000.0
Waterfront FeaturesOceanSideOfFreeway, OceanSideOfHighway
Waterfront Y/NNo
Year Built1950
Year Built SourceAssessor
Exterior for 306 Marguerite Avenue
Building Area Total2225.0
Crops Included Y/NNo
Door FeaturesMirroredClosetDoors
FencingBlock, Vinyl
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot, Walkstreet
Lot Size Acres0.08
Lot Size Area3485.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDoorMulti, Garage, GarageDoorOpener, GarageFacesRear, OneSpace
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking3.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480