$5,575,000
SOLD AUG 6, 2018
4 Beds
4 Baths
2,948 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$1,891 Per Sq Ft

10% Below List Price

90 Days on Market

Highlights

  • White Water Ocean Views
  • Attached Guest House
  • Primary Bedroom Suite
  • Harbor View Elementary School Rated A
  • No Units Above
  • 2-minute walk to Lookout Point

About This Home

As of August 2021

CORONA DEL MAR'S #1 Opportunity.... RARE Ocean Blvd. ....This Three bed, Three bath Main house Villa with additional two-story one bed / full bath Casita. Recently renovated, this one-of-a-kind property is situated on 125 broadside curb feet of coveted Ocean Boulevard offering unsurpassed, breathtaking panoramic views of the ocean, beach, bay, and Newport Harbor entrance. Set above China Cove and just steps away from Inspiration Point and Big Corona Beach, this architecturally unique home offers the ultimate California Riviera lifestyle. The home includes an original working elevator, attached sports garage equipped with both his and hers top of the line 404 paddle boards. the ground level of the main house includes two beds, full bath, den and private garden area again with stunning views. From the second level, the master bed, formal living, dining, and gourmet kitchen with spectacular panorama views. wrap-around viewing deck perfect for dining alfresco while watching whales, incredible sunsets, and front row seating for the surf at the famous wedge. The attached ocean view one bedroom one bath Guest House with large deck offers privacy great for guests or in-laws. Price reduced for immediate sale offering without question the best value in CDM.
Wake to the sights and sounds of the sea and you'll never want to leave. Easy access to both bay and ocean beaches and world Class shopping and dining just moments away. www.2700oceanblvd.com

Last Agent to Sell the Property

Mark Knowlton

Douglas Elliman Of California License #01755244 Listed on: 05/01/2018

Douglas Elliman Of California

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $71,377

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 2,614 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Irregular Lot
  • Garden
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Property Views

  • White Water Ocean
  • Marina
  • Coastline
  • Bay
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Hills
  • Courtyard

Home Design

  • Duplex
  • Patio Home
  • Turnkey
  • Spanish Tile Roof
  • Copper Plumbing

Interior Spaces

  • 2,948 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Crown Molding
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Double Pane Windows
  • Awning
  • ENERGY STAR Qualified Windows
  • Stained Glass
  • Bay Window
  • French Doors
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Storage

Kitchen

  • Dumbwaiter
  • Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Maid or Guest Quarters
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Natural Gas Connected
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Attached Guest House
  • Property is near a park

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 648
  • Assessor Parcel Number 05207107

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $900
  • Insurance Expense $700
  • Trash Expense $100
  • Water Sewer Expense $400
  • New Taxes Expense $10,000
  • Operating Expense $12,100
  • Gross Income $48,000
  • Net Operating Income $45,000

Additional Features

  • 2 Units
  • Service Entrance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$71,377

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Water Sewer Expenses: 400.00
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 05207107
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Beamed Ceilings, Brick Walls, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Crown Molding, Dumbwaiter, Elevator, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Track Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Door Features: French Doors, Service Entrance
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1891.11
  • Room Type: Bonus Room, Den, Entry, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Office, Two Masters
  • Window Features: Bay Window(s), Double Pane Windows, ENERGY STAR Qualified Windows, Stained Glass

Exterior Features

  • Other Structures: Guest House Attached
  • Exterior Features: Awning(s), Lighting, Rain Gutters
  • View: Bay, Catalina, City Lights, Coastline, Courtyard, Harbor, Hills, Marina, Ocean, Panoramic, Water, White Water
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas & Electric Range, Gas Oven, Gas Water Heater, Ice Maker, Microwave, Vented Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Corner Lot, Garden, Landscaped, Level with Street, Irregular Lot, Park Nearby, Patio Home, Paved, Walkstreet
  • Lot Size Sq Ft: 2614.00

Multi Family

  • Electric Expense: 900.00
  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 700.00
  • Net Operating Income: 45000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Expenses: 12100.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Census Tract: 627.01
  • Tax Lot: 2
  • Tax Tract Number: 648

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2023
Sold by
Dickler Family Trust
Bought by
Dickler Family Survivors Trust and Dickler
Current Estimated Value
$7,402,582

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 13, 2021
Sold by
Oceancdm Llc
Bought by
Dickler Steven David
Seller's Agent
Garrett Weston
Coldwell Banker Realty
Buyer's Agent
Garrett Weston
Coldwell Banker Realty
List Price
$7,650,000
Sold Price
$6,400,000
Premium/Discount to List
-$1,250,000
-16.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%
Original Mortgage
$8,200,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
May 1, 2018
Closed on
Aug 2, 2018
Sold by
Lpt Llc
Bought by
Oceancdm Llc
Seller's Agent
Mark Knowlton
Douglas Elliman Of California
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$6,200,000
Sold Price
$5,575,000
Premium/Discount to List
-$625,000
-10.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%

Purchase Details

Closed on
Dec 5, 2017
Sold by
Wurts Carter B
Bought by
Lpt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 7, 2016
Sold by
Wurts Kay M
Bought by
Wurts Kay M

Purchase Details

Closed on
Jan 17, 2005
Sold by
Wurts Kay M
Bought by
Wurts Kay M

Purchase Details

Closed on
Jun 20, 2003
Sold by
Wurts Kay M
Bought by
Wurts Kay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2003
Sold by
Wurts Kay M
Bought by
Wurts Kay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2002
Sold by
Wurts Carter B and Wurts Kay M
Bought by
Wurts Kay M

Purchase Details

Closed on
Feb 14, 1996
Sold by
Wurts Carter B and Wurts Kay M
Bought by
Wurts Carter B and Wurts Kay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1993
Sold by
Wurts Carter B and Wurts Kay M
Bought by
Wurts Carter B and Wurts Kay M
Source: Public Records

Similar Homes in Corona Del Mar, CA

  • 401 Jasmine Ave, Corona Del Mar, CA 92625

    $4,135,000

    • 6 Beds
    • 4.5 Baths
    • 2,653 Sq Ft
    • 401 Jasmine Ave
    • Corona Del Mar, CA

    EXCITING DEVELOPMENT OPPORTUNITY ON THE CORNER OF JASMINE AND BAYSIDE. JUST STEPS AWAY FROM THE BEACH, CORONA DEL MAR VILLAGE RESTAURANTS AND SHOPPING. PROPERTY COMES WITH PLANS THAT ARE BEING COMPLETED FOR YOUR APPROXL. 4,000 SF DREAM HOME. THE PROPERTY CAN BE LEASED OUT AS YOU WAIT FOR FINAL PLANS TO BE COMPLETED. LOT SIZE IS 22 FEET x 118 FEET.

    Hanna Karcho-Polselli Luxury Fine Homes, Inc.

    Section Image
  • 616 Narcissus Ave, Corona Del Mar, CA 92625

    $6,395,000

    • 5 Beds
    • 4.5 Baths
    • 2,958 Sq Ft
    • 616 Narcissus Ave
    • Corona Del Mar, CA

    A Rare Coastal Offering in the Heart of Corona del Mar!Located in the coveted Flower Streets, this Spanish Modern residence is a true architectural gem—built as a duplex, offered as one seamless property. With over 3,000 sq ft of living space, the home includes a 2,100+ sq ft front residence that lives like a single-family home and a 900+ sq ft rear guest home with 2 beds and 2 baths.

    Bud Mastropaolo eXp Realty of Southern Ca, Inc

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $6,400,000 First American Title Company
Grant Deed $5,575,000 First American Title Co
Interfamily Deed Transfer $4,500,000 First American Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Guardian Title Company
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,000,000 New Conventional
Previous Owner $8,200,000 Commercial
Previous Owner $3,600,000 Future Advance Clause Open End Mortgage
Previous Owner $60,750 New Conventional
Previous Owner $131,000 Purchase Money Mortgage
Previous Owner $150,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $6,400,000 -8.5% $2,171 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/08/2021 06/08/21 Price Changed $6,995,000 -8.6% $2,373 / Sq Ft
05/26/2021 05/26/21 For Sale $7,650,000 +37.2% $2,595 / Sq Ft
08/06/2018 08/06/18 Sold $5,575,000 -3.0% $1,891 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/10/2018 07/10/18 Price Changed $5,750,000 -1.7% $1,950 / Sq Ft
06/03/2018 06/03/18 Price Changed $5,850,000 -2.3% $1,984 / Sq Ft
05/21/2018 05/21/18 Price Changed $5,988,000 -3.4% $2,031 / Sq Ft
05/01/2018 05/01/18 For Sale $6,200,000 -- $2,103 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $71,377 $7,339,667 $6,651,834 $687,833
2024 $71,377 $6,753,106 $6,521,406 $231,700
2023 $68,888 $6,528,000 $6,393,536 $134,464
2022 $67,825 $6,400,000 $6,268,172 $131,828
2021 $60,956 $5,745,412 $5,625,119 $120,293
2020 $60,371 $5,686,500 $5,567,440 $119,060
2019 $59,112 $5,575,000 $5,458,274 $116,726
2018 $47,783 $4,500,000 $4,389,128 $110,872
2017 $2,299 $171,949 $114,365 $57,584
2016 $2,179 $168,578 $112,123 $56,455
2015 $2,154 $166,046 $110,439 $55,607
2014 $2,104 $162,794 $108,276 $54,518
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18100960

California Regional Multiple Listing Service (CRMLS)

APN: 052-071-07