519 Poppy AVE Corona Del Mar, CA 92625
Active
$2,745,000
2 Units
4 Beds
3 Baths
1,743 Area(sq.ft.)
3,540 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 1 | 2 | 1 | No | $ 2,815 | $ 2,815 | $ 33,780 |
Unit 2 | 1 | 2 | 2 | No | $ 2,400 | $ 2,400 | $ 28,800 |
2 | 2 | 4 | 3 | $ 5,215 | $ 5,215 | $ 62,580 |
MLS #: | NP24220565MR |
Days On Market: | 76 |
County: | Orange County |
Property Type: | Residential Income |
Price per ft2: | $ 1,575 |
Price per unit: | $ 1,372,500 |
Year Built: | 1951 |
Property Details
Front unit of the property is not cooperative with showings since the property was listed. This duplex is located on North side of PCH on Poppy Avenue, one of the most desirable streets in CDM. This is the first time on the market in over fifty years. This well-maintained property has private gardens and patios, quintessential beach cottage kitchens and bathrooms, inside laundry for both units, walk-in closets, fireplace, and home office or den areas, and shared two car garage. The front house is approximately 1,100 square feet with 2 bedrooms/2 bathrooms and rear unit is approximately 650 square feet with 2 bedrooms/2 bathrooms. Interior photos and 3D virtual tour are the rear unit and front house photos are available on a visual inspection report. Priced right under $3M to attract a new landlord who desires to provide the same great Corona del Mar living experience. Close to all the CDM Village restaurants, shops, and amenities, as well as a short walk to parks, trails, beaches, and Oasis Senior Center. Property has a shared two car garage.Interested in this Listing?
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Income Details
Rent Control: | Yes |
Total Annual Expense: | $ 5,700 |
Net Operating Income: | $ 57,280 |
Structure
Community Features: | Curbs, Sidewalks |
Sewer: | In Street Paid, Public Sewer |
Water: | Public |
Land & Parking
Land Lease Type: | Fee |
Parking Garage: | Garage |
Interior
AC/Cooling: | None |
Heating: | Wall |
Fireplace Rooms: | Family Room |
Laundry: | Inside |
Exterior
Pool: | No |
Roof: | Shingle |
Detailed Map
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