Corona Del Mar, CA 92625,613 Marigold Avenue
Corona Del Mar, CA 92625,613 Marigold Avenue
Corona Del Mar, CA 92625,613 Marigold Avenue
Corona Del Mar, CA 92625,613 Marigold Avenue
Corona Del Mar, CA 92625,613 Marigold Avenue
Corona Del Mar, CA 92625,613 Marigold Avenue
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$3,150,000

$3,195,000

1.4%
Est.Price: ?

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Est. payment /mo

6 Beds

5 Baths

2,900 SqFt


SOLD DATE : 07/12/2024

Key Details

Sold Price $3,150,000

Property Type Townhouse

Sub Type Townhome

Listing Status Sold

Purchase Type For Sale

Square Footage 2,900 sqft

Price per Sqft $1,086

Subdivision Corona Del Mar North Of Pch (Cnh

MLS Listing ID OC24117204

Sold Date 07/12/24

Bedrooms 6

Full Baths 2

Half Baths 2

Year Built 1973

Property Sub-Type Townhome

Property Description

Welcome to 613 Marigold Avenue, a charming duplex built in 1973 thats nestled in the heart of Corona del Mar's vibrant Village. PRIME LOCATION: Situated on a much-sought-after, quiet, tree-lined street with excellent walkability, just a few short blocks to downtown Corona del Mar and the beach. SPACIOUS LIVING: Both units are mirror images of each other, featuring 3 spacious bedrooms and 3 bathrooms. Each unit is filled with plenty of natural light, beamed ceilings and fireplaces in the family rooms, and cathedral ceilings in all bedrooms. FRONT UNIT: Double-wide French doors in the family room seamlessly blend indoor and outdoor spaces, leading to a fenced-off private courtyard thats perfect for entertaining and breathing in the ocean breeze. BACK UNIT: Features an expansive rooftop deck over the garage, facing west to capture those beautiful sunsets and cotton-candy skies. INVESTORS: This exceptional property is competitively priced...and offers an array of possibilities; whether you're looking to redevelop into two condos, enjoy one unit while renting out the other, or simply invest in a prime coastal location. Its a perfect hybrid property giving the investor the option to renovate now and rent out each unit between $6K-$8K per month, depending on the extent of the remodel. Proforma setup showing 4% cap rate is available upon request. Alternatively, it may be more suitable to tear-down and rebuild sometime in the future allowing for a bigger payout to the investorideally if/when interest rates, labor & material costs decline. NOTE: This duplex is being offered for sale

Location

State CA

County Orange

Direction ===== Quaintly nestled between 3rd and 4th Avenue...on the Westside of Marigold Avenue. =====

Interior

Interior Features Beamed Ceilings, Granite Counters, Tile Counters

Heating Fireplace, Forced Air Unit

Fireplaces Type FP in Family Room, Electric

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Gas Oven, Gas Stove

Laundry Gas, Washer Hookup

Exterior

Parking Features Garage

Garage Spaces 2.0

Fence Vinyl, Wood

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

Roof Type Composition

Porch Roof Top

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Special Listing Condition Standard

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MLS Router / San Diego MLS
Listed by Ramzi Ataya Engel & Voelkers Newport Beach
Bought with Ramzi Ataya Engel & Voelkers Newport Beach
Robyn Flint

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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