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602 602.5 Marguerite 1-2 Corona del Mar, CA $ 4,995,000
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$ 4,995,000 Get more info
602 602.5 Marguerite 1-2
$ 4,995,000
Back to search
Share Save

602 602.5 Marguerite 1-2

Corona del Mar, CA, 92625
$ 4,995,000
Baths2.1 Sq 3,032

Monthly Estimate*

$ 31,539

Listed by Douglas Elliman Of California
602 602.5 Marguerite 1-2, Corona del Mar, CA 92625 - Image 1
602 602.5 Marguerite 1-2, Corona del Mar, CA 92625 - Image 2
602 602.5 Marguerite 1-2, Corona del Mar, CA 92625 - Image 3
602 602.5 Marguerite 1-2, Corona del Mar, CA 92625 - Image 4
602 602.5 Marguerite 1-2, Corona del Mar, CA 92625 - Image 5
602 602.5 Marguerite 1-2, Corona del Mar, CA 92625 - Image 6
Studio

Multi-Family Home for sale in Corona del Mar, CA

for $4,995,000 with 2 full baths, 1 half bath. This 3,032 square foot home was built in 1969 on a lot size of 0.0866.

CHECK OUT THIS DUPLEX AT THIS GREAT PRICE!!! Located in the heart of Corona Del Mar Village, just north of Pacific Coast Highway, this fabulous duplex is a great opportunity to own income property in CDM. Both front & back units are approx 1516 sq. ft. each, with 3 bedrooms and 2.5 baths, open floor plans, newer luxury vinyl flooring throughout, stone counters in the kitchens, gas cooktops w/ovens below, stainless steel dishwashers & refrigerators, 2 sets of laundry facilities in the garage, that has new epoxy flooring. There are spacious walk-in closets in the primary suites, lots of storage cabinets for linens, and mirrored closet doors in the all secondary bedrooms. The front home is fully furnished for short term rentals at premium prices. The back home is on a long-term lease that continues through May 2027 at $6400.00 per month. The exterior of the property just underwent a major facelift with a whole new expanded front patio with sliding glass doors, leading out from the front home. There's a new firepit, BBQ, seating area for additional outdoor entertaining space, new drought tolerant landscaping and front yard fencing that adds charm to the property. Each home has its own mailbox and separate entries. The back home has newer sliding glass doors leading out to a newly extended private patio for their space too. This duplex is just minutes from Corona del Mar's world famous beaches, a local park, the areas top restaurants, boutiques, shopping at Fashion Island, Laguna Beach & John Wayne Airport. Schools are top notch in the Newport Mesa school district and one is just a few blocks away. The Oasis Senior Center is just moments from the property, offering a gym, various classes and all kinds of other social events for the senior community at 55yrs & older.

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Multi-Family Coming Soon

Price

$ 4,995,000

Bedrooms

Studio

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0866

Year Built

1969

Town/City

Corona del Mar

County/Region

Orange

MLS | Web ID

NP26180031

Days on Market

7
Features
General
Sewer Sewer Tap Paid
Heating Forced Air
Cooling None
Utilities Cable Not Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected
Possession Close Plus 1 Day
Roof Composition Tile
Appliances Dishwasher Exhaust Fan Electric Oven Freezer Disposal Gas Range Gas Water Heater Ice Maker Microwave Refrigerator Range Hood Water Heater Dryer Washer
HOA Fee 0
Garage Spaces 2
Architectural Style Bungalow Cottage Craftsman Custom Patio Home
Pool Features None
Security Features Carbon Monoxide Detector(s) Fire Detection System Smoke Detector(s)
Construction Materials Stucco
Exclusions Personal property in the back home.
Year Built 1969
Electric Standard
Tenant Pays All Utilities Cable TV Electricity Gas Insurance Sewer
View City Lights Neighborhood
Stories Count 2
Levels Two
Unit Number 1-2
Property Subtype Duplex
Gross Income 0
Waterfront Features Beach Access Ocean Access Ocean Side Of Freeway
Community Features Biking Curbs Foothills Golf Gutter(s) Hiking Storm Drain(s) Street Lights Suburban Sidewalks Water Sports Fishing Marina Park
Accessibility Low Pile Carpet Accessible Doors
Additional Parcels Description not at this time.
County Orange
Net Operating Income 18476
Operating Expense 12031
Insurance Expense 5231
New Construction false
Property Type Residential Income
Association Amenities Maintenance Front Yard Outdoor Cooking Area Storage
HOA false
Contingency none
Subdivision Name Corona del Mar North of PCH (CNHW)
Facing Direction North
Garage Y/N true
Other Structures Storage Two On A Lot
Special Listing Conditions Standard
Status Coming Soon
Directions From PCH head up the street property is located between 3rd and 4th Ave. on right side.
City Corona Del Mar
Disclosures Home Warranty
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 0
Number Of Units Total 2
MLS Area CS - Corona Del Mar - Spyglass
Lot Size Units Square Feet
Lot Size Square Feet 3772
Carport Spaces 0
Number of Units Leased 1
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Current Financing None
Property Condition Updated/Remodeled Turnkey
Trash Expense 600
Water Sewer Expense 1200
Additional Parcels Y/N true
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Coming Soon
Year Built Source Estimated
Tax Lot 4
Total Actual Rent 6400
Property Sub Type Additional Duplex
Expected Active Date 2026-08-20
Taxes 3500
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Interior
Interior Amenities Built-in Features Balcony Ceiling Fan(s) Furnished Granite Counters In-Law Floorplan Living Room Deck Attached Multiple Staircases Open Floorplan Partially Furnished Stone Counters Recessed Lighting Storage Unfurnished All Bedrooms Up Dressing Area Primary Suite Walk-In Closet(s)
Flooring Carpet Vinyl
Fireplace Features Free Standing Gas Gas Starter Outside
Total Stories 2
Common Walls 1 Common Wall No One Above No One Below
Air Conditioning Y/N false
Heating Y/N true
Window Features Blinds Custom Covering(s) Double Pane Windows Screens
Fireplace Y/N true
Laundry Features Common Area In Garage
Entry Level 1
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Exterior
Exterior Amenities Barbecue Lighting Rain Gutters Fire Pit
Fencing Good Condition Stone Wood
Parking Features Concrete Door-Single Garage Garage Door Opener No Driveway Private Garage Faces Rear Side By Side
Lot Features 2-5 Units/Acre Front Yard Sprinklers In Front Level Near Park Near Public Transit Rectangular Lot Sprinkler System Street Level Walkstreet Yard
Water Source Public
Total Parking 2
Inclusions 2 refrigerators 2 sets of washers & dryers all furnishings and accessories in the front home including linens pots & pans appliances patio furniture etc.
Lot Size Area 3772
Foundation Details Slab
Number of Buildings 2
Spa false
Building Area Total 3032
Lot Size Acres 0.0866
Road Surface Type Alley Paved Paved
Private Pool false
Lot Size Source Assessor
Door Features Mirrored Closet Door(s) Sliding Doors
Number of Separate Water Meters 0
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type Alley City Street
Other Equipment Satellite Dish
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* Excluded Features
List By
Douglas Elliman Of California

Broker

Denine.Kerns@elliman.com

Email

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$31,539
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$31,539
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/17/2026$4,995,000 Listed Price

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602 602.5 Marguerite 1-2, Corona del Mar, CA, 92625 is a Multi-Family Home for sale at $4,995,000 with 3,032 sqft and a lot size of 0.0866. 602 602.5 Marguerite 1-2 is a studio with 2.1 baths and was built in 1969. The property's zip code is 92625 which is in Corona del Mar, CA

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