MLS® ID: NP19009135

416 Larkspur Avenue

Corona del Mar, California, 92625

$2,185,000 Active
  • 3 Beds
  • 3.5 Baths
  • 3001 SQFT
Offering numerous scenarios from multi-family investment, condo conversion, to a complete redevelopment, 416 Larkspur is ideally located in the heart of the Village, maximizing returns for the prospective buyer. The attractive duplex, constructed in 1996, exhibits a strong rental history with the ability to grow in-place rents, or substantially increase proforma rents through a conservative remodel. 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 offers 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. World famous beaches, Fashion Island, and Newport Center are just moments away.
Read More

Listing courtesy of Coldwell Banker Res. Brokerage

Amenities

  • Full baths
    3
  • Half baths
    1
  • Full Baths Range
    3+ Baths
  • Total Baths
    3.5
  • Zip
    92625
  • Office name
    Coldwell Banker Res. Brokerage
  • SQFT
    3001
  • Bedrooms
    3
  • Property type
    Duplex
  • School district
    Newport Mesa Unified
  • Year built
    1996
  • Lot size
    3540.00
  • Sewer
    Public Sewer
  • Heating
    Central
  • Tax year
    0
  • Agent name
    Mary Golding
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • HOA fees
    $ 0.00
  • Price Range
    $2m+
  • Square Feet Range
    3000-3500 sq ft.
  • Bedrooms Range
    3 Beds
  • Year Built Range
    1990-1999
  • Office ID
    U6312
  • Agent ID
    U40831

Location

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info