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2715 Cove, Corona Del Mar
$6,248,000
OC26201207 MLS ⋅ Active Status
Maximize your portfolio with this turnkey investment opportunity located just 30 feet from the sand in Corona del Mar’s highly exclusive China Cove. 2715 Cove Street is a completely renovated, dual-income duplex spanning a highly efficient 1,647 total square feet, offering an unbeatable coastal location paired with exceptional revenue potential. Strategically configured with two distinct 2-bedroom, 2-bathroom units, this property maximizes its footprint to deliver an attractive layout for high-end tenants. A true asset-multiplier for the area, the property boasts an unprecedented seven-vehicle parking capacity—an incredibly rare commodity that slashes vacancy rates, commands premium rental premiums, and accelerates long-term property valuation. Both updated units are optimized for high-yield performance, offering a uniform, low-maintenance design aesthetic with premium finishes that appeal to discerning tenants. The upper-level 2BR/2BA residence features sun-drenched, open-concept interiors and selective ocean views, making it an ideal candidate for a premium long-term lease or a high-rate executive rental. The ground-floor 2BR/2BA residence maximizes its footprint with inviting private outdoor patios, perfectly capturing the indoor-outdoor California lifestyle that renters willingly pay a premium to secure. Whether your strategy focuses on maximizing dual-income rental streams, executing a high-end corporate leasing model, or utilizing a live-in-one, rent-the-other strategy to offset your debt service, this asset delivers immediate cash-flow potential. Capitalize on a rare, completely updated footprint just steps from the beach, upscale shopping, and elite dining in one of Southern California's most resilient and appreciating real estate markets.

2715 Cove, Corona Del Mar

602 602.5 Marguerite Unit 2, Corona Del Mar
$4,850,000
NP26180031 MLS ⋅ Active Status
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 2 blocks from the property, offering a gym, various classes & all kinds of other social events for the senior community of 55 yrs & older.

602 602.5 Marguerite Unit 2, Corona Del Mar

520 Iris, Corona Del Mar
$4,800,000
NP26097495 MLS ⋅ Active Status
TWO DISTINCT RESIDENCES. ONE EXCEPTIONAL COASTAL ADDRESS. AN OPPORTUNITY NOT TO BE MISSED. SELLING BY AUCTION | OWNER’S INSTRUCTIONS ARE CLEAR | 14-DAY SALE CAMPAIGN What if your next property offered more than a place to live? Imagine the freedom to bring family together, generate potential income, invest in your future, or embrace a new way of coastal living. Welcome to 520 Iris Avenue, Corona del Mar. Beautifully reimagined and thoughtfully remodeled, this distinctive property offers approximately 3,649 square feet across two separate three-bedroom residences, combining coastal sophistication, versatility, and long-term opportunity. For multigenerational families, enjoy the privilege of living close to loved ones while preserving the privacy and independence of separate residences. For homeowners, embrace the Corona del Mar lifestyle while exploring the potential for rental income from the second residence. For investors, discover the appeal of two residences within one property in one of Southern California’s most desirable coastal communities. Situated in the heart of Corona del Mar Village, 520 Iris Avenue places you moments from charming cafés, acclaimed restaurants, boutique shopping, and the breathtaking coastline. Yet what truly distinguishes this property extends beyond its beautifully remodeled interiors and coveted location. It’s the possibilities. YOUR OPPORTUNITY IS NOW. The owner has issued firm instructions to sell and authorized a focused 14-day auction campaign through Sellers Reserve. Unlike a traditional open-ended listing, this property is being offered through a defined, time-sensitive competitive sale process, bringing interested buyers together within a limited window of opportunity. The auction date is set. The campaign is underway. The opportunity to act is limited. Whether you’re seeking a sophisticated coastal residence, a multigenerational living arrangement, or a compelling investment opportunity, 520 Iris Avenue deserves your immediate attention. ONE ADDRESS. MORE POSSIBILITIES. ONE OPPORTUNITY. Presented by Bud Mastrapolo | Ocean Collective Auction and marketing campaign powered by Sellers Reserve. Sale subject to published auction terms and seller’s reserve, if applicable.

520 Iris, Corona Del Mar

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.

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