$3,225,123 - $5,056,000
RENTED FEB 17, 2025
2 Beds
1 Bath
240 Sq Ft
$16,186 Price per Sq Ft

Highlights

  • Updated Kitchen
  • Wood Flooring
  • No HOA
  • Harbor View Elementary School Rated A
  • Granite Countertops
  • 2-minute walk to Begonia Park

About This Home

As of February 2025

Nestled in the heart of Corona del Mar, this delightful studio offers the perfect blend of coastal charm and convenience. Located south of PCH on a quiet, tree-lined street, this inviting space features a living space, bathroom with a shower and a convenient kitchenette, making it a comfortable retreat. A beautiful garden patio provides the perfect spot to relax and enjoy the ocean breeze. Just a short stroll from Big Corona State Beach, this studio is ideally situated near the best shopping, dining, and cafés that CDM has to offer. Whether you're looking to explore boutique shops, savor gourmet meals at local restaurants, or take a scenic walk along the coast, everything is within reach. Although laundry and garage parking are not included, both are publicly available nearby.

Last Agent to Rent the Property

Casey Lesher

Christie's International R.E. Southern California Brokerage Phone: 949-702-7047 License #01795953 Listed on: 02/06/2025

Christie's International R.E. Southern California

Last Renter's Agent

Casey Lesher

Christie's International R.E. Southern California Brokerage Phone: 949-702-7047 License #01795953 Listed on: 02/06/2025

Christie's International R.E. Southern California

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,557

Year Built

  • Built in 1948

Lot Details

  • 3,540 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 240 Sq Ft Home
  • 2-Story Property
  • Entryway

Kitchen

  • Updated Kitchen
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Remodeled Bathroom
  • 1 Bathroom
  • Walk-in Shower

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace

Listing and Financial Details

  • Security Deposit $2,200
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 3/1/25
  • Tax Lot 13
  • Tax Tract Number 186
  • Assessor Parcel Number 45911415

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Corona Del Mar South Of Pch Subdivision

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,557

Year Built

Built in 1948

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-03-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2200
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Triplex
  • Ad Number: 949-702-7047
  • Other Phone Description: 949-702-7047
  • Other Phone Number: Show Phone
  • Property Attached: Yes
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: No
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 45911415
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 240.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 9.17
  • Room Type: Entry, Kitchen
  • Bathroom Features: Shower, Remodeled, Upgraded
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Refrigerator
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3540.00
  • Lot Size Acres: 0.0813
  • Latitude Manual: 33.60016400

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 3540.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 1
  • Rent Includes: Gardener

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2019
Sold by
Olafson Smith Joan E
Bought by
Olafson Gregory J
Current Estimated Value
$3,884,708

Purchase Details

Closed on
Feb 13, 2019
Sold by
Olafson Joan E
Bought by
Olafson Smith Joan E

Purchase Details

Closed on
Feb 28, 2006
Sold by
Olafson Joan M
Bought by
Olafson Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 1993
Sold by
Olafson Joan M
Bought by
Olafson Joan M

Purchase Details

Closed on
Mar 14, 1990
Sold by
Olafson Joan M
Bought by
Olafson Gregory John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Olafson Gregory J -- None Available
Olafson Smith Joan E -- None Available
Olafson Gregory J $180,000 None Available
Olafson Joan M -- --
Olafson Gregory John -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olafson Gregory J $120,000
Previous Owner Olafson Gregory John $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2025 02/17/25 Rented $2,200 0.0% --
02/08/2025 02/08/25 Under Contract -- -- --
02/06/2025 02/06/25 For Rent $2,200 -- --
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 $4,557 $389,187 $296,892 $92,295
2024 $4,557 $381,556 $291,070 $90,486
2023 $4,445 $374,075 $285,363 $88,712
2022 $4,365 $366,741 $279,768 $86,973
2021 $4,284 $359,550 $274,282 $85,268
2020 $4,243 $355,864 $271,470 $84,394
2019 $4,090 $348,887 $266,147 $82,740
2018 $4,011 $342,047 $260,929 $81,118
2017 $3,941 $335,341 $255,813 $79,528
2016 $3,855 $328,766 $250,797 $77,969
2015 $3,815 $323,828 $247,030 $76,798
2014 $3,725 $317,485 $242,191 $75,294
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25026097

California Regional Multiple Listing Service (CRMLS)

APN: 459-114-15