Corona del Mar is home to a wide variety of residential income property types including duplexes, single family homes, water front estates and multi-unit apartment buildings. With such a wide choice of residential income property types, there is an option for any level of investor. Residential income property is a great choice for real estate investing for several reasons including equity build-up, tax benefits and appreciation, while earning a monthly income. In recent years, single family homes have shown higher appreciation than many other types of property investment. Corona del Mar offers a unique opportunity as residential income properties can be used as residential or vacation rental properties. Corona del Mar home prices range from $650,000 to the millions of dollars, prices are dependent on location, views, number of units, water front and neighborhood amenities. Views in this area include the Pacific Ocean, white water, Catalina Island, Newport Coast, Newport Harbor, surrounding canyons, city night lights and lovely evening sunsets. On clear days, views stretch to Palos Verdes. With strict regulations on building height, Corona del Mar homes will have their views for years to come. Many Corona del Mar homes are single level, which appeals to many renters and vacationers. There are both guard gated and non-guard gated neighborhoods in Corona del Mar.