$4,410,000
SOLD MAY 27, 2025
3 Beds
3 Baths
4,000 Sq Ft
3,540 Sq Ft Lot

Recently Sold

$1,102 Per Sq Ft

2% Below List Price

3 Days on Market

Highlights

  • Wood Flooring
  • Living Room with Attached Deck
  • No HOA
  • Harbor View Elementary School Rated A
  • Furnished
  • 1-minute walk to Begonia Park

About This Home

As of May 2025

Perfectly positioned in the heart of Corona del Mar, this beautifully upgraded and fully furnished duplex presents an exceptional opportunity with TWO HIGHLY SOUGHT AFTER SHORT TERM RENTAL PERMITS. Thoughtfully remodeled and move-in ready, the two-level property features a pair of spacious residences—each offering three bedrooms and two-and-a-half bathrooms. Bright and welcoming, both units showcase open-concept living areas with contemporary finishes, wide-plank wood flooring, and large windows that fill the interiors with natural light. Private outdoor spaces include a front patio with a fire pit and lush landscaping, as well as an upper-level patio that captures scenic views. This prime location offers close proximity to stunning beaches, Fashion Island, golf courses, and Corona del Mar’s charming boutiques, cafés, and restaurants.

Last Agent to Sell the Property

Janelle File

Compass Brokerage Phone: 949-466-5661 License #01952433 Listed on: 05/07/2025

Compass

Co-Listed By

Brandon Goethals

Compass Brokerage Phone: 949-466-5661 License #02004301

Last Buyer's Agent

Madhu Agarwal

MADHU AGARWAL, BROKER License #01431849

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 3,540 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Attached Deck
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Wall Furnace
  • Vented Exhaust Fan
  • Satellite Dish

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 12 / 431
  • Tax Tract Number 186
  • Assessor Parcel Number 45911105

Community Details

Overview

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

Recreation

  • Bike Trail

Building Details

  • 1 Leased Unit
  • Insurance Expense $8,080
  • Water Sewer Expense $7,200
  • Operating Expense $15,280
  • Gross Income $234,000
  • Net Operating Income $218,720

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Price Per Unit: 2250000
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: No
  • Water Sewer Expenses: 7200.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 45911105
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Furnished, Living Room Deck Attached, Recessed Lighting
  • Stories: 1
  • Entry Location: Side of building
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Price Per Square Foot: 1102.50
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Primary Bedroom

Exterior Features

  • Exterior Features: Barbecue Private, Lighting, Satellite Dish
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Refrigerator, Vented Exhaust Fan
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 3540.00
  • Lot Size Acres: 0.0813

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 234000.00
  • Gross Operating Income: 218720.00
  • Gross Scheduled Income: 234000.00
  • Insurance Expense: 8080.00
  • Lease Term: 12 Months, 24 Months, 6 Months, Month To Month, Negotiable, Seasonal, Short Term Lease
  • Lot Size Area: 3540.0000 Square Feet
  • Net Operating Income: 218720.00
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 15280.00
  • Rent Control: No
  • Total Expenses: 15280.00

Tax Info

  • Tax Block: 431
  • Tax Census Tract: 627.01
  • Tax Lot: 12
  • Tax Tract Number: 186

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Sold $4,410,000 -2.0% $1,103 / Sq Ft
05/10/2025 05/10/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $4,500,000 0.0% $1,125 / Sq Ft
09/01/2024 09/01/24 Rented $9,000 0.0% --
07/25/2024 07/25/24 For Rent $9,000 0.0% --
07/23/2024 07/23/24 Sold $4,100,000 0.0% $1,025 / Sq Ft
07/23/2024 07/23/24 Sold $4,100,000 -8.8% $1,025 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
07/17/2024 07/17/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $4,495,000 0.0% $1,124 / Sq Ft
05/29/2024 05/29/24 For Sale $4,495,000 0.0% $1,124 / Sq Ft
07/07/2014 07/07/14 Rented $8,000 -5.9% --
06/07/2014 06/07/14 Under Contract -- -- --
04/10/2014 04/10/14 For Rent $8,500 +102.4% --
07/31/2013 07/31/13 Rented $4,200 -6.7% --
07/31/2013 07/31/13 Under Contract -- -- --
06/07/2013 06/07/13 For Rent $4,500 0.0% --
04/27/2012 04/27/12 Sold $1,555,000 -7.4% $389 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
10/18/2011 10/18/11 For Sale $1,679,000 -- $420 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25101092

California Regional Multiple Listing Service (CRMLS)

APN: 459-111-05