416 Larkspur Avenue CORONA DEL MAR, CA 92625
- $1,895,000
- 3 bd
- 3 full ba
- 1 half ba
- 3,001 sqft
- 3,485 lot
- Est payment $10172.77/mo
Neighborhood Info
Single Family in Corona del Mar
Lowest priced full lot in the Village by over $200k. This attractive duplex was constructed in 1996 and exhibits a strong rental history. A buyer could grow in-place rents or substantially increase proforma rents through a conservative remodel. The front unit is a 2 bedroom plus loft with 2.5 baths totaling 2,310 square feet. The back unit is a 1 bedroom 1 bath layout totaling 691 square feet. Given the current configuration of the building, one could endeavor to condo the property as well, offering multiple unit sales or owner and tenant occupancy. A complete redevelopment of the property provides a unique opportunity for maximizing square footage on the R2 lot, given the reduced front yard setback North of PCH. Typical lots in the area have 20-foot setbacks, whereas 416 Larkspur benefits from a 10-foot front yard setback, thereby maximizing the buildable square footage. Experience the finest in Corona del Mar living close to area dining such as Zinc, Bandera, and the Quiet Woman. Pristine beaches, Fashion Island, and Newport Center are just moments away.
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3 Beds
-
3 Full Bath
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1 Half Bath
-
3,001 Sq. Ft.
-
3,485 Lot
Main Features
- Listing Status: Off Market
- Year Built: 1996
- Garage: 2.0
- Floors: 1
- Full Bath: 3
- Half Bath: 1
- School District: Newport Mesa Unified
- County: ORANGE
- Units: 2
- Subdivision: Corona Del Mar North Of Pch (Cnhw)
- MLS Number:NP21035658
What's My Mortgage?
416 Larkspur Avenue CORONA DEL MAR, CA 92625
- $1,895,000
- 3 bd
- 3 full ba
- 1 half ba
- 3,001 sqft
- 3,485 lot
- Est payment $10172.77/mo