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613 Marigold Avenue
Corona del Mar, CA 92625
Sold
613 Marigold Avenue
Corona del Mar, CA 92625
Sold
Welcome to 613 Marigold Avenue, a charming duplex built in 1973 that’s nestled in the heart of Corona del Mar's vibrant Village. PRIME LOCATION: Situated on a much-sought-after, quiet, tree-lined street with excellent walkability, just a few short blocks to downtown Corona del Mar and the beach. SPACIOUS LIVING: Both units are mirror images of each other, featuring 3 spacious bedrooms and 3 bathrooms. Each unit is filled with plenty of natural light, beamed ceilings and fireplaces in the family rooms, and cathedral ceilings in all bedrooms. FRONT UNIT: Double-wide French doors in the family room seamlessly blend indoor and outdoor spaces, leading to a fenced-off private courtyard that’s perfect for entertaining and breathing in the ocean breeze. BACK UNIT: Features an expansive rooftop deck over the garage, facing west to capture those beautiful sunsets and cotton-candy skies. INVESTORS: This exceptional property is competitively priced...and offers an array of possibilities; whether you're looking to redevelop into two condos, enjoy one unit while renting out the other, or simply invest in a prime coastal location. It’s a perfect “hybrid property” giving the investor the option to renovate now and rent out each unit between $6K-$8K per month, depending on the extent of the remodel. Proforma setup showing 4% cap rate is available upon request. Alternatively, it may be more suitable to tear-down and rebuild sometime in the future allowing for a bigger payout to the investor…ideally if/when interest rates, labor & material costs decline. NOTE: This duplex is being offered for sale as-is and represents a rare gem in a highly desirable location. Don't miss this opportunity to own a piece of coastal luxury in Corona del Mar. Contact us today to explore the potential of this versatile property! Showings will be scheduled with qualified offers by appointment only. Please do not disturb tenants.
PROPERTY INFORMATION
| MLS # | OC24117204 | Lot Size | 3,489 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 3,195,000
Price Per SqFt: $ 1,102 |
DOM | 509 Days |
| Address | 613 Marigold Avenue | Type | Residential |
| City | Corona del Mar | Sq.Ft. | 2,900 Sq. Ft. |
| Postal Code | 92625 | Garage | 2 |
| County | Orange | Year Built | 1973 |
| Bed / Bath | 6 / 3 | Parking | 2 |
| Built In | 1973 | Status | Closed |
| Sold Date | 2024-07-12 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Gas Dryer Hookup, In Garage, Washer Hookup |
| Has Fireplace | Yes |
| Fireplace Information | Family Room, Electric |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Water Heater |
| Kitchen Information | Tile Counters |
| Kitchen Area | Area, Separated |
| Has Heating | Yes |
| Heating Information | Fireplace(s), Forced Air |
| Room Information | All Bedrooms Up, Family Room, Kitchen, Primary Bathroom, Primary Bedroom |
| Has Cooling | No |
| Cooling Information | None |
| InteriorFeatures Information | Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Tile Counters |
| DoorFeatures | French Doors |
| EntryLocation | Main/Lower Level |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
| Bathroom Information | Shower in Tub, Exhaust fan(s), Granite Counters |
| Main Level Bedrooms | 0 |
| Main Level Bathrooms | 2 |
EXTERIOR FEATURES
| Roof | Composition |
| Has Pool | No |
| Pool | None |
| Has Patio | Yes |
| Patio | Front Porch, Roof Top |
| Has Fence | Yes |
| Fencing | Vinyl, Wood |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $3,408
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 07/12/2024 | Sold | $3,150,000 |
| 07/11/2024 | Pending | $3,195,000 |
| 07/11/2024 | Relisted | $3,195,000 |
| 06/09/2024 | Listed | $3,195,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Ramzi Ataya, Engel & Voelkers Newport Beach. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
