Courtesy of: Marcel Ford, Old Newport Realty, marcel@oldnewportrealty.com
Courtesy of: Marcel Ford, Old Newport Realty, marcel@oldnewportrealty.com
$4,195,000
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6 bed
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3.00 Bath (3 Full)
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Lot: 5,310.00 Square Feet
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Triplex
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$4,195,000
614 Marguerite Avenue Imagine what one can do with three concurrent 30' wide lots in the heart and soul of Corona del Mar located at 610 & 612 & 614 Marguerite. This is an opportunity to own what is currently two triplexes on two 45 wide lots that are technically three lots being sold together. The three parcels total 10, 620 square feet ideal for new construction for six front/back condos or three houses with an ADU since each parcel is required to have two units. The current ultra-private setting is a garden oasis with lush landscaping creating a serene and peaceful living environment that is second to none in the flower streets. Currently, there is a triplex on 610 Marguerite and another triplex on 614 Marguerite and each are identical. This property has been professionally managed by Genuine Property Management since 2018. Documents with interior photos, 3D virtual tours, floor plans, leases, visual inspection reports, repair history, and tenant ledgers are available upon request. This is close by to all of what the Village has to offer such as world class restaurants, shops, beaches, coves, and all the amenities. Plus, it's just a short walk to parks, hiking trails, beaches, coves, bay, and the Oasis Senior Center. Each unit has a detached one car garage and a shared laundry room. All three lots must be sold together. Please do not disturb residents.
Courtesy of: Marcel Ford, Old Newport Realty, marcel@oldnewportrealty.com
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