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303 S Marguerite Ave

Corona Del Mar, CA 92625 View Map $2,440,000 Ask a Question
Sq.Ft. Lot4,792
Year1957
303 S Marguerite Ave Corona Del Mar, CA 92625 | MLS NP15067278 Photo 1
303 S Marguerite Ave Corona Del Mar, CA 92625 | MLS NP15067278 Map
Jennifer Wong

Jennifer Wong

(949) 632-6402
DRE No.: 01256649

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Status: Sold
Property Type:Residential Income (Multi-Family)
MLS #:NP15067278
Date Sold:11/30/2015
Lot Size:4,792 Sq. Ft.
County:Orange

Listing Agent/Office

Agent:Thomas Daniels
Office:Thomas E. Daniels
Ocean views from the two upstairs units of this fourplex. Tremendous price reduction! This income property situated on a sought after 40x118 lot is equidistant from CDM village and Big Corona beach. Three of the four units have been beautifully remodeled with country sinks, granite counters, stainless appliances, hardwood floors, open-beam ceilings, truly stunning units. The property has been professionally managed and well maintained. It features four, 2bd 1ba units with fireplaces. Some units have private exterior areas including one unit which has a very nice private balcony. Onsite laundry and parking.

Detailed Maps

Community Information

Address:303 S Marguerite Ave Corona Del Mar, CA 92625
Area:CS - Corona Del Mar - Spyglass
County:Orange
City:Corona Del Mar
Subdivision:Corona Del Mar South Of Pch (Cdms)
Zip Code:92625

Architecture

Year Built:1957
Stories:2
Style:Contemporary
Building Area: 3465.0
Number of Buildings: 1
Total Units: 4
Stories Total: 2
Carport Spaces: 4.0
Parking Features: Attached Carport, Assigned
Parking Total: 8.0

Features / Amenities

Interior Features: Balcony
Fireplace Features: Living Room, Outside
Laundry: Common Area
Common Walls: 2+ Common Walls
Cooling: Wall/Window Unit(s)
Heating: Fireplace(s), Wall Furnace

Property Features

Lot Size: 0.11 Acres / 4,792 Sq. Ft.
Waterfront: Ocean Side Of Highway
Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
Electric: 220 Volts
Directions:From Coast Highway, drive toward beach, property near corner of Marguerite and Seaview on West side of street.

Tax and Financial Info

Tax Year: 2014
Buyer Financing: Cash
Contingency: 1031 exchange
Gross Income: $7,550
Gross Scheduled Income: $90,600
Net Operating Income: $72,600
Electric Expense: $10
Insurance Expense: $2,200
New Taxes Expense: $10,000
Trash Expense: $1,200
Water/Sewer Expense: $4,800

Schools

WALKING AND TRANSPORTATION

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Listing agent / office Thomas Daniels, Thomas E. Daniels.
Based on information from California Regional Multiple Listing Service, Inc. as of October 3, 2022. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.