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Key Details
Sold Price $3,600,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Corona Del Mar South Of Pch (Cdms)
MLS Listing ID OC24217649
Sold Date 11/27/24
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1950
Annual Tax Amount $2,936
Lot Size 3,484 Sqft
Property Description
Would of, Could of, Should of.........Opportunity is knocking, are you listening??? Extremely rare 3 units on a 30 x 118" parcel in an exceptional location south of PCH in the Village of CDM on the Flower Streets. An incredible opportunity to build your dream home(s) in an almost unattainable location. Currently 306 Marguerite exists as one-2 bedroom unit and two-1 bedroom units, a laundry room and an oversized two car garage. Utilized as three independent month to month rentals, Marguerite is clean, tidy and functional but, is it truly its highest and best use? We'll let you decide. 306 Marguerite has been in the same family since 1964 and now you have the rare opportunity to call it "yours". Walkable to the best that Corona Del Mar has to offer: world class dining, idyllic beaches, impressive schools, spectacular shopping and an address that undeniably, very few are fortunate enough to own. Don't wait another 60 years for this opportunity to come again, opportunity is knocking now, are you listening?
Location
State CA
County Orange
Area Cs - Corona Del Mar - Spyglass
Interior
Interior Features Beamed Ceilings, Tile Counters, Bedroom on Main Level
Heating Wall Furnace
Cooling None
Flooring Carpet, Vinyl, Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Free-Standing Range, Gas Range
Laundry Common Area, Laundry Room
Exterior
Exterior Feature Lighting
Parking Features Door-Multi, Garage, Garage Door Opener, Garage Faces Rear, One Space
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Vinyl
Pool None
Community Features Curbs, Fishing, Park, Storm Drain(s), Street Lights, Suburban, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Waterfront Description Ocean Side Of Freeway,Ocean Side Of Highway
View Y/N Yes
View Ocean, Peek-A-Boo
Total Parking Spaces 3
Private Pool No
Building
Lot Description Rectangular Lot, Walkstreet
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 05210317
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 319.0
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Submit, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Submit, VA Loan
Financing Cash to New Loan
Special Listing Condition Standard, Trust
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Bought with Steven Sergi • VALIA Properties
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960