$2,183,027 - $2,523,000
RENTED JAN 21, 2025

514 1/2 Marguerite Ave Unit 1/2 Corona Del Mar, CA 92625

Corona Del Mar Neighborhood
3 Beds
2.5 Baths
1,425 Sq Ft
2001 Built

Highlights

  • Rooftop Deck
  • Primary Bedroom Suite
  • Updated Kitchen
  • Harbor View Elementary School Rated A
  • City Lights View
  • Fireplace in Primary Bedroom

About This Home

As of January 2025

This refined residence showcases contemporary living enhanced by natural light, crisp walls and hardwood floors. The generous living space, approximately 1425 sq. ft., features a dining area and kitchen with furniture grade cabinetry, quartz counter tops, designer hardware, and chef quality Bertazzoni stove and Sub-Zero refrigerator. A soothing fireplace awaits in the living room finished with plantation shutters and designer lighting. The main level master retreat offers ambient light, fireplace and a spa-inspired bathroom appointed with generous amounts of Carrera marble finishes. Soaring ceilings frame a sought-after office or 3rd bedroom space that opens to an airy, private side patio/deck. An over-sized bedroom with custom closet system and light filled bathroom is adjacent to an intimate rooftop deck for relaxation. This CdM village home offers convenience and function including an indoor laundry room, attached garage with storage alcove & carport. Garage carport features 220V electric car charging outlet. Enjoy close proximity to boutiques, restaurants and beaches unique to Corona del Mar village living. Extra features include: Nest Thermostat, Ring Doorbell. Available from February 2025. Showing requires minimum 24-hour notice. DO NOT disturb occupant.

Last Agent to Rent the Property

James Ginochio

Surterre Properties Inc. Brokerage Phone: 949-500-7057 License #02077688 Listed on: 01/04/2025

Surterre Properties Inc.

Last Renter's Agent

James Ginochio

Surterre Properties Inc. Brokerage Phone: 949-500-7057 License #02077688 Listed on: 01/04/2025

Surterre Properties Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,624

Year Built

  • Built in 2001 | Remodeled

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space
  • Parking Available
  • Single Garage Door

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,425 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Plantation Shutters
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Home Office
  • City Lights Views
  • Smart Home

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Built-In Range
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Patio

Schools

  • Corona Del Mar High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • 1 Common Wall
  • Suburban Location

Listing and Financial Details

  • Security Deposit $7,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 2/3/25
  • Tax Lot 1
  • Tax Tract Number 627
  • Assessor Parcel Number 93801437

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Corona Del Mar North Of Pch Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$15,624

Year Built

Built in 2001 | Remodeled

Lot Details

0

Parking

1

Rental Info

  • Additional Rent For Pets: Yes
  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-02-03
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 7000
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer, Dryer, Microwave, Ring, Nest Thermostat, Built-in speakers
  • Property Attached: Yes
  • Subdivision Name Other: Corona del Mar North of PCH (CNHW)
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93801437
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1425.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), High Ceilings, Home Automation System, Recessed Lighting
  • Stories: 3
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Family Room, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Primary Bedroom, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 4.91
  • Room Type: Family Room, Great Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Walk-In Closet
  • Window Features: Plantation Shutters
  • Bathroom Features: Shower, Closet In Bathroom, Double Sinks In Primary Bath, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Deck, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Attached Carport, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Disposal, Gas Cooktop, Refrigerator, Water Line to Refrigerator
  • Heating Type: Central, Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Newport Mesa Unified
  • High School: Corona Del Mar
  • High School: Corona Del Mar
  • High School2: CODEMA

Green Features

  • Efficiency: Thermostat

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 2
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 627.02
  • Tax Lot: 1
  • Tax Tract Number: 627.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2022
Sold by
James M Ginochio Trust
Bought by
Ginochio & Venneti Trust
Current Estimated Value
$2,350,007

Purchase Details

Closed on
Apr 15, 2020
Sold by
Vennetti Srinivas and Ginochio James M
Bought by
Vennetti Srinivas and Ginochio James M

Purchase Details

Closed on
Aug 8, 2018
Sold by
Rellion Inc
Bought by
Venneti Sprinivas and Ginochio James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2018
Sold by
Ginochio James M
Bought by
Venneti Srinivas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2018
Sold by
Ganek Carrie
Bought by
Rellion Inc

Purchase Details

Closed on
May 24, 2011
Sold by
Mcshane James A
Bought by
Ganek Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,100
Interest Rate
4.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 8, 2007
Sold by
Thorin David J
Bought by
Mcshane James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,386
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 11, 2001
Sold by
Taylor Paul J
Bought by
Thorin David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

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Average Value
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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
Ginochio & Venneti Trust -- --
Vennetti Srinivas -- First American Title
Venneti Sprinivas $1,325,000 Chicago Title Co
Venneti Srinivas -- Chicago Title Co
Rellion Inc $960,000 Chicago Title Co
Ganek Carrie $870,000 Fidelity National Title Co
Mcshane James A $1,135,000 Equity Title Company
Thorin David J $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Venneti Sprinivas $295,000
Previous Owner Ganek Carrie $781,000
Previous Owner Ganek Carrie $87,100
Previous Owner Ganek Carrie $782,900
Previous Owner Mcshane James A $113,386
Previous Owner Mcshane James A $908,000
Previous Owner Thorin David J $250,000
Previous Owner Thorin David J $100,000
Previous Owner Thorin David J $269,000
Previous Owner Thorin David J $270,000
Previous Owner Thorin David J $275,000
Closed Rellion Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Rented $7,000 0.0% --
01/19/2025 01/19/25 Under Contract -- -- --
01/04/2025 01/04/25 For Rent $7,000 +12.0% --
09/15/2021 09/15/21 Rented $6,250 0.0% --
09/10/2021 09/10/21 For Rent $6,250 -- --
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 $15,624 $1,478,061 $1,186,368 $291,693
2024 $15,624 $1,449,080 $1,163,106 $285,974
2023 $15,257 $1,420,667 $1,140,300 $280,367
2022 $15,002 $1,392,811 $1,117,941 $274,870
2021 $14,715 $1,365,501 $1,096,020 $269,481
2020 $14,574 $1,351,500 $1,084,782 $266,718
2019 $14,274 $1,325,000 $1,063,511 $261,489
2018 $10,634 $979,604 $718,775 $260,829
2017 $10,447 $960,397 $704,682 $255,715
2016 $10,214 $941,566 $690,865 $250,701
2015 $10,117 $927,423 $680,487 $246,936
2014 $9,879 $909,257 $667,158 $242,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25000211

California Regional Multiple Listing Service (CRMLS)

APN: 938-014-37