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518 Poinsettia Avenue

Corona Del Mar, CA 92625
  • $3,200,000
  • STATUS: Active
  • ON SITE: 111 Days
  • ID#: NP23103487
UPDATED: 200 min ago
$3,200,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Listing Agent(s): Eliisa Stowell of Surterre Properties Inc. (949-717-7100)


Description

This adorable duplex is the perfect opportunity for either a redevelopment into two condos or enjoy one unit while renting out the other! The property is located on the "sunny-side", a quiet tree-lined street. The single-story front unit offers plenty of natural light, beamed ceilings, a grassy front yard and a private side courtyard perfect for entertaining. There are two bedrooms with large windows and slider doors offering both sunshine and privacy, and a full bathroom with a bathtub. This cute traditional Corona del Mar front cottage is super clean and bright! The fully detached back unit consists of a large downstairs bedroom and bath with room for a home office. The upstairs has two sizable bedrooms and a bath, kitchen, spacious living room and a balcony to take in those ocean breezes! The roof was replaced a couple of years ago, the units share a 2-car garage and a laundry area. Opportunity knocks... don't miss out on this rare gem in a highly desirable location!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/140544956
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518 Poinsettia Avenue Corona Del Mar, CA 92625

  • Price: $3,200,000
  • Status: Active
  • On Site: 111 Days
  • Updated: 200 min ago
  • ID#: NP23103487
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1950
Built
Neighborhood:
Corona Del Mar North Of Pch (Cnhw)
County:
Orange
Area:
CS - Corona Del Mar - Spyglass
Property Description
This adorable duplex is the perfect opportunity for either a redevelopment into two condos or enjoy one unit while renting out the other! The property is located on the "sunny-side", a quiet tree-lined street. The single-story front unit offers plenty of natural light, beamed ceilings, a grassy front yard and a private side courtyard perfect for entertaining. There are two bedrooms with large windows and slider doors offering both sunshine and privacy, and a full bathroom with a bathtub. This cute traditional Corona del Mar front cottage is super clean and bright! The fully detached back unit consists of a large downstairs bedroom and bath with room for a home office. The upstairs has two sizable bedrooms and a bath, kitchen, spacious living room and a balcony to take in those ocean breezes! The roof was replaced a couple of years ago, the units share a 2-car garage and a laundry area. Opportunity knocks... don't miss out on this rare gem in a highly desirable location!
Exterior Features

Architectural Style Bungalow Construction Materials Wood Siding Entry Level 1 Entry Location 1 Fencing Wood Lot Features Rectangular Lot Number Of Separate Electric Meters 2 Parking Features Door-SingleGarageGarage Faces Rear Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Road Surface Type Alley PavedPaved Roof Composition Spa Features None Spa YN No View City LightsNeighborhood View YN Yes

Interior Features

Accessibility Features No Stairs Appliances DishwasherGas OvenGas RangeMicrowave Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Door Features French DoorsSliding Doors Fireplace Features Living Room Fireplace YN Yes Flooring CarpetLaminateWood Heating Wall Furnace Heating YN Yes Interior Features Beamed CeilingsBalconyHigh CeilingsStone CountersBedroom On Main LevelMain Level Master Window Features Double Pane WindowsPlantation Shutters

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsStreet Lights Contingency Tenants Have Month To Month Agreements With 60 Day Notice Garage YN Yes Gross Income 65000 Gross Scheduled Income 65000 Insurance Expense 1200 Land Lease YN No Laundry Features Laundry RoomOutside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Net Operating Income 52624 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 0 Number Of Units Leased 0 Operating Expense 12376 Pest Control Expense 300 Possession NegotiableSee Remarks Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 900 Tenant Pays Cable TvElectricityGas Total Actual Rent 0 Trash Expense 88 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 1000 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Eliisa Stowell of Surterre Properties Inc. (949-717-7100)