$3,100,000
SOLD JUN 9, 2022
5 Beds
3 Baths
1,600 Sq Ft
3,524 Sq Ft Lot

Recently Sold

$1,938 Per Sq Ft

3% Above List Price

9 Days on Market

Highlights

  • Property is near a park
  • Lawn
  • Rectangular Lot
  • Harbor View Elementary School Rated A
  • Laundry Room
  • Heating System Uses Natural Gas

About This Home

As of May 2025

Great location in the Flower Streets. This is a very buildable lot in the heart of Corona Del Mar, Currently a duplex with a large courtyard between the two buildings and a three car garage. Lot size is a 30 ft X 118 Ft. Walking distance to everything.

Last Agent to Sell the Property

Wayne Smith

Corona Del Mar Properties Inc License #00922140 Listed on: 04/11/2022

Last Buyer's Agent

Laura Quinn

Corona Del Mar Properties Inc License #01965058

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,450

Year Built

  • Built in 1949

Lot Details

  • 3,524 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot
  • Lawn
  • Front Yard
  • Value in Land

Parking

  • 3 Car Garage

Home Design

  • Patio Home

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Property is near a park

Utilities

  • Heating System Uses Natural Gas
  • Overhead Utilities

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 6 / 641
  • Tax Tract Number 186
  • Assessor Parcel Number 45907509
  • $501 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Corona Del Mar North Of Pch Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Net Operating Income $55,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,450

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 1500000
  • Property Attached: No
  • Subdivision Name Other: Corona del Mar North of PCH (CNHW)
  • Property Type: Residential Income
  • Parcel Number: 45907509
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1937.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Closet, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Rectangular Lot, Level, Park Nearby, Patio Home, Utilities - Overhead, Value In Land
  • Lot Size Sq Ft: 3524.00
  • Lot Size Acres: 0.0809

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 55200.00
  • Lot Size Area: 3524.0000 Square Feet
  • Net Operating Income: 55200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 641
  • Tax Census Tract: 627.02
  • Tax Lot: 6
  • Tax Tract Number: 186
  • TaxOtherAnnualAssessmentAmount: 501.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
May 19, 2025
Sold by
604 Narcissus Llc
Bought by
Ferial Maghami Trust and Maghami
Seller's Agent
Stephanie Peterson
Arbor Real Estate
Buyer's Agent
Casey Lesher
Christie's International R.E. Southern California
List Price
$2,699,000
Sold Price
$2,500,000
Premium/Discount to List
-$199,000
-7.37%
Views
106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
707.80%

Purchase Details

Listed on
Dec 21, 2024
Closed on
Feb 21, 2025
Sold by
604 Narcissus Llc
Bought by
Natale Kimberley Anne
Seller's Agent
Marina'mina' Mullinax
Arrivl Real Estate, Inc.
Buyer's Agent
Stephanie Peterson
Arbor Real Estate
List Price
$3,699,000
Sold Price
$3,725,000
Premium/Discount to List
$26,000
0.7%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-81.02%

Purchase Details

Listed on
Aug 8, 2016
Closed on
Sep 28, 2016
Sold by
Gawzner Joseph P and Gawzner Lordis
Bought by
Gawzner Joseph Paul and Gawzner Lordis
Seller's Agent
Wayne Smith
Corona Del Mar Properties Inc
Buyer's Agent
Jason Strom
Villa Real Estate
Sold Price
$2,700

Purchase Details

Closed on
Jun 18, 2013
Sold by
Gawzner Joseph P
Bought by
Gawzner Joseph P and Gawzner Lordis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,437
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Grant Deed $2,500,000 First American Title
Grant Deed $3,725,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Servicelink
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 New Conventional
Previous Owner $510,310 New Conventional
Previous Owner $4,000,000 New Conventional
Previous Owner $175,000 Credit Line Revolving
Previous Owner $405,437 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $236,300 Unknown
Previous Owner $192,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Sold $2,500,000 -3.7% $2,041 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
05/05/2025 05/05/25 Price Changed $2,595,000 -30.3% $2,118 / Sq Ft
03/02/2025 03/02/25 Sold $3,725,000 +38.0% $2,131 / Sq Ft
02/28/2025 02/28/25 For Sale $2,699,000 -27.0% $2,203 / Sq Ft
02/01/2025 02/01/25 For Sale $3,699,000 -0.7% $2,116 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
01/29/2025 01/29/25 Off Market $3,725,000 -- --
01/08/2025 01/08/25 Price Changed $3,699,000 -5.0% $2,116 / Sq Ft
01/04/2025 01/04/25 Price Changed $3,895,000 -2.5% $2,228 / Sq Ft
12/21/2024 12/21/24 For Sale $3,995,000 +28.9% $2,285 / Sq Ft
06/09/2022 06/09/22 Sold $3,100,000 +3.3% $1,938 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $3,000,000 0.0% $1,875 / Sq Ft
01/02/2021 01/02/21 Rented $2,600 0.0% --
12/29/2020 12/29/20 For Rent $2,600 +4.0% --
05/15/2020 05/15/20 Rented $2,500 -7.4% --
05/12/2020 05/12/20 Under Contract -- -- --
09/19/2019 09/19/19 Price Changed $2,700 -10.0% $3 / Sq Ft
06/26/2019 06/26/19 Price Changed $3,000 -6.3% $4 / Sq Ft
06/07/2019 06/07/19 For Rent $3,200 +10.3% --
05/07/2018 05/07/18 Rented $2,900 -3.3% --
12/19/2017 12/19/17 For Rent $3,000 +11.1% --
10/17/2016 10/17/16 Rented $2,700 -3.6% --
09/06/2016 09/06/16 Price Changed $2,800 -6.7% $3 / Sq Ft
08/08/2016 08/08/16 For Rent $3,000 -- --
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
2024 $34,450 $3,271,961 $3,146,869 $125,092
2023 $33,671 $3,162,000 $3,085,166 $76,834
2022 $4,948 $422,213 $326,359 $95,854
2021 $4,857 $413,935 $319,960 $93,975
2020 $4,809 $409,691 $316,679 $93,012
2019 $4,719 $401,658 $310,469 $91,189
2018 $4,628 $393,783 $304,382 $89,401
2017 $4,475 $386,062 $298,413 $87,649
2016 $4,377 $378,493 $292,562 $85,931
2015 $4,332 $372,808 $288,167 $84,641
2014 $4,304 $365,506 $282,523 $82,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22073044

California Regional Multiple Listing Service (CRMLS)

APN: 459-075-09