MLS® ID: NP19215750

416 Larkspur Avenue

Corona del Mar, California, 92625

$2,095,000 Active
  • - SQFT
This attractive duplex was constructed in 1996 and exhibits a strong rental history with the ability to 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 offers a unique opportunity for maximizing square footage on the R2 lot as well, 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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Listing courtesy of Coldwell Banker Res. Brokerage

Amenities

  • Full baths
    0
  • Half baths
    0
  • Three-quarter Baths
    0
  • Total Baths
    0
  • Zip
    92625
  • Office name
    Coldwell Banker Res. Brokerage
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Duplex
  • 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
    < 1000 sq ft.
  • Year Built Range
    1990-1999
  • Office ID
    U6312
  • Agent ID
    U40831

Location

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