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$3,750,000

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3,484 Sqft Lot

Active Under Contract

306 Marguerite AVE Corona Del Mar, CA 92625

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Jerry And Rachel Team Hsieh

jerryandrachelteam@gmail.com +1(424) 242-8856

UPDATED:

10/30/2024 04:01 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Corona Del Mar South Of Pch (Cdms)

MLS Listing ID OC24217649

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1950

Annual Tax Amount $2,936

Lot Size 3,484 Sqft

Property Description

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?

Location

State CA

County Orange

Area Cs - Corona Del Mar - Spyglass

Rooms

Ensuite Laundry Common Area, Laundry Room

Interior

Interior Features Beamed Ceilings, Tile Counters, Bedroom on Main Level

Laundry Location Common Area,Laundry Room

Heating Wall Furnace

Cooling None

Flooring Carpet, Vinyl, Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Free-Standing Range, Gas Range

Laundry Common Area, Laundry Room

Exterior

Exterior Feature Lighting

Garage Door-Multi, Garage, Garage Door Opener, Garage Faces Rear, One Space

Garage Spaces 2.0

Garage Description 2.0

Fence Block, Vinyl

Pool None

Community Features Curbs, Fishing, Park, Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Waterfront Description Ocean Side Of Freeway,Ocean Side Of Highway

View Y/N Yes

View Ocean, Peek-A-Boo

Parking Type Door-Multi, Garage, Garage Door Opener, Garage Faces Rear, One Space

Total Parking Spaces 3

Private Pool No

Building

Lot Description Rectangular Lot, Walkstreet

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 05210317

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 319.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Submit, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Submit, VA Loan

Special Listing Condition Standard, Trust

Listed by Pamela Etem • The OC Real Estate • 714-717-6408

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Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

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Jerry And Rachel Team Hsieh

306 Marguerite AVE Corona Del Mar, CA 92625

Jerry And Rachel Team Hsieh

Key Details

Location

Rooms

Interior

Exterior

Building

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306 Marguerite AVE