NOT LISTED FOR SALE
5 Beds
5 Baths
1,843 Sq Ft
3,372 Sq Ft Lot

Last Sold December 01, 2023

Last sale price $4,200,000 $2,279 Per Sq Ft

73 Days on Market

Highlights

  • Two Primary Bedrooms
  • Open Floorplan
  • Modern Architecture
  • Harbor View Elementary School Rated A
  • Main Floor Primary Bedroom
  • 4-minute walk to Bayside Drive Park

About This Home

As of December 2023

OCEANSIDE OF PACIFIC COAST HIGHWAY! BOTH UNITS HAVE SHORT TERM PERMITS AND CAN BE TRANSFERED TO THE NEW OWNER.

In the heart of Corona Del Mar, this newly redesigned modern duplex exudes elegance and sophistication. Both single-level and two-story living options are seamlessly blended into this unique property, perfect for homeowners looking for flexibility and income potential.

The first unit, a charming single-level property, boasts two bedrooms and two full baths. This corner residence offers a delightful wrap-around patio complete with a gas fire-pit, making it a perfect retreat to enjoy the surrounding beauty. Inside, find a contemporary kitchen equipped with stainless steel appliances, quartz countertops, and white shaker cabinets elegantly offset by a herringbone backsplash. Vinyl flooring extends throughout the unit into the luxurious bathrooms that feature quartz countertops and sleek glass shower enclosures.

The second unit is a two-story marvel with three bedrooms and three baths. Master bedrooms on both the ground and upper levels offer convenience and privacy. This unit mirrors the elegance of the first with its stainless steel appliances, quartz countertops, designer backsplash, and modern glass shower enclosures. A charming fireplace enhances the living room, and a wrap-around balcony along with a lower-level patio add outdoor living options.

Both units benefit from dual-pane windows adorned with designer coverings, mirror wardrobes, convenient laundry, and oversized 2-car tandem garages. These garages offer ample storage space for bicycles and other essentials.

Its prime location affords a short walk to the Goldenrod footbridge, world-class dining in the Village, shopping centers, hiking trails, parks, and nearby golf courses. This duplex is not just a home, but a lifestyle nestled in the allure of Corona Del Mar. Property was newly rehabbed in 2022.

Last Agent to Sell the Property

Mehdi Khosh

Berkshire Hathaway HomeService License #00892388 Listed on: 08/08/2023

Berkshire Hathaway HomeService

Co-Listed By

Aaron Khosh

Berkshire Hathaway HomeService License #02020525

Last Buyer's Agent

Mehdi Khosh

Berkshire Hathaway HomeService License #00892388 Listed on: 08/08/2023

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2022

Lot Details

  • 3,372 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Fence is in excellent condition
  • Corner Lot
  • Private Yard
  • Lawn

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Tandem Garage
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Duplex
  • Modern Architecture
  • Turnkey
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,843 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Custom Window Coverings
  • Window Screens
  • Sliding Doors
  • Living Room
  • Library with Fireplace
  • Vinyl Flooring
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Mirrored Closets Doors
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 22 / 434
  • Tax Tract Number 186
  • Assessor Parcel Number 45917311

Community Details

Overview

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

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,440
  • Fuel Expense $1,020
  • Gardener Expense $960
  • Insurance Expense $300
  • Trash Expense $720
  • Water Sewer Expense $1,200
  • New Taxes Expense $54,000
  • Operating Expense $59,640
  • Gross Income $149,940
  • Net Operating Income $90,300

Property Details

Home Type

Multi-Family

Year Built

Built in 2022

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Price Per Unit: 2250000
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 45917311
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Open Floorplan, Quartz Counters, Recessed Lighting, Tandem
  • Stories: 2
  • Entry Location: ground
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Library
  • Levels: Two
  • Price Per Square Foot: 2278.89
  • Room Type: Laundry, Living Room, Main Floor Primary Bedroom, Two Primaries
  • Window Features: Custom Covering, Double Pane Windows, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Excellent Condition, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Two Door, Garage Door Opener, Tandem Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Range Hood, Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Inside, Stackable, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lawn, Yard
  • Lot Size Sq Ft: 3372.00
  • Lot Size Acres: 0.0774

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 1440.00
  • Fuel Expense: 1020.00
  • Gross Income: 149940.00
  • Gross Operating Income: 149940.00
  • Gross Scheduled Income: 149940.00
  • Insurance Expense: 300.00
  • Lot Size Area: 3372.0000 Square Feet
  • Net Operating Income: 90300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 59640.00
  • Rent Control: No
  • Total Expenses: 59640.00

Tax Info

  • New Taxes Expense: 54000.00
  • Tax Block: 434
  • Tax Lot: 22
  • 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
12/01/2023 12/01/23 Sold $4,200,000 -6.7% $2,279 / Sq Ft
08/08/2023 08/08/23 For Sale $4,500,000 +42.9% $2,442 / Sq Ft
07/07/2021 07/07/21 Sold $3,150,000 +1.6% $1,712 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $3,100,000 -- $1,685 / 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: NP23144935

California Regional Multiple Listing Service (CRMLS)

APN: 459-173-11