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Charles Roe

BRE #01298418
Orange County, California
Coastal & Luxury Home Specialist
949-370-1311
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Listing 17 out of 116
$2,695,000 For Sale

312 Marguerite Avenue
Corona del Mar, CA 92625

3 units | Multi Family Home
3485 sq ft - MLS# NP18291114
Property Photo
1/22

Description

Fabulous investment opportunity in the heart of Corona del Mar Village. Located just three blocks from Corona del Mar State Beach this beautiful triplex offers two units with 2 bedrooms, 1 bath, and a 1 bedroom, 1 bath unit. The property features a common laundry room, newer doors and windows, three 1-car garages, front patio, and back unit balcony. A fireplace flanks the living room of the front unit creating a cozy entertaining or relaxation area. The property produces excellent rental income with the in demand, sought-after location for renters. Located within walking distance to shops, eateries and beaches tenants or an owner user will enjoy year year-round ocean breezes and the relaxed lifestyle of charming Corona del Mar.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92625
  • Year Built: 1951
  • Subdivision/Neighborhood: Other
  • Stories: Two
  • Units: 3 units
  • # of Parking Spaces: 3.00
  • Fireplace: Living Room, Yes
  • Lot Size: 3485 sq ft
  • Area: CS - Corona Del Mar - Spyglass
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 3079.00
  • Building Area Units: Square Feet
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lighting
  • Country: US
  • Directions: PCH to Marguerite
  • Garage Spaces: 3.00
  • Gross Income: 96000.00
  • Gross Scheduled Income: 96000.00
  • Insurance Expense: 1600.00
  • Laundry Features: Area
  • Laundry YN: Yes
  • Listing Agent License: 01203786
  • Listing Office License: 01991628
  • Lot Features: Walkstreet
  • Lot Size Area: 3485.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 62480.00
  • New Taxes Expense: 30000.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Operating Expense: 33520.00
  • Sewer: Public Sewer
  • Total Expenses: 33520.00
  • Trash Expense: 1920.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Compass, Tami Macdonald

Charles Roe
Realty ONE Group, Inc

Phone: 949-370-1311
Email: luxuryrhomes@gmail.com
DRE #01298418

Testimonials

Let me start out with this bit of information, this is our thirteenth residential transaction in Southern California. We have dealt with random agents to personal friends in these transactions. These agents have run the gamut of owners of high profile agencies to new agents in smaller brokers. Of all of these, our favorite has been Charles, a random lucky pick in a search for a new agent. His relaxed, easy going manner belies his professionalism. Easy to get a hold of at all hours, listens to clients desires, discovers properties that matches those desires. Couldn't have chosen better. If and when we purchase or sell again, Charles will be our top choice. Very Happy in Our New Home
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