500 Marguerite Avenue, Corona Del Mar, CA 92625

$2,300,000
2,127
SqFt
List Price
$2,300,000
Price Change
▼ $300,000 1602569601
Status
ACTIVE
MLS#
OC20206930
Year Built
1955
Living Sq. Ft
2,127
Lot Size
3,540
Acres
0.0813
Lot Location
Corner Lot, Front Yard, Landscaped, Lawn, Rectangular Lot, Level, Near Public Transit, Sprinklers In Front, Sprinklers Timer
Days on Market
26
Property Type
Multifamily
Builders Tract Code
Corona del Mar North of PCH (CNHW)
Neighborhood
Corona Del Mar North Of Pch (Cnhw)

Property Description

500 Marguerite Ave. is a duplex on the corner of Marguerite and 2nd Ave. Corner lots are rarely listed on the open market. The property is currently rent to tenant that have stayed for years. There is opportunity for remodeling or redevelopment. The cute front unit is 1 bedroom, 1 bath with the large front yard. The back unit is 1 bedroom,1 bath with a large bonus room. Large 2 car garage with washer and dryer. Great location in the hart of CdM Village, close to the fantastic beaches, top rated restaurants, pharmacy, banks, post office, Oasis Senior Center. Drive by only. Please do not disturb occupants. Owner ready to sale. Bring your beat offer.

Additional Information

Tract Number
186
Lot Description
Sidewalks
Pool Description
None
Fireplace Description
None
Heat
Wall Furnace
Cooling Description
None
View
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$58,800
Operating Expense
10000
Unit One Total Units
3
Unit One Beds
3
Unit One Baths
3
Unit One Garage Spaces
2.00
Unit One Actual Rent
4900.00
Unit One Total Rent
4900.00
Unit One Pro Forma
900
Unit One Furnished
Unfurnished

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Shari Ten Eyck from Ten Eyck Real Estate

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.