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$6,248,000

Est. payment - /mo

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4 Beds

4 Baths

1,647 SqFt

New

2715 Cove Corona Del Mar, CA 92625

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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,647 sqft

Price per Sqft $3,793

Subdivision Corona Del Mar South Of Pch (Cdms)

MLS Listing ID OC26201520

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1940

Lot Size 3,484 Sqft

Property Sub-Type Duplex

Property Description

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.

Location

State CA

County Orange

Area Cs - Corona Del Mar - Spyglass

Rooms

Main Level Bedrooms 2

Interior

Interior Features Beamed Ceilings, Balcony, Block Walls, Ceiling Fan(s), Cathedral Ceiling(s), Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type Family Room

Fireplace Yes

Appliance Built-In Range, Double Oven, Dishwasher, Freezer, Gas Range, Microwave, Refrigerator

Laundry Inside, In Kitchen, Laundry Room

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Water Sports

View Y/N Yes

View Ocean, Water

Total Parking Spaces 2

Private Pool No

Building

Lot Description Corner Lot, Walkstreet

Dwelling Type Duplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories Two

New Construction No

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 05204503

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Carl Wuestehube Tri-Star Realty 714-791-6026, DRE #00634943

NEARBY SCHOOL & BUSINESS

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