$1,800,000
$1,899,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
488 Seaward RD Corona Del Mar, CA 92625
Key Details
Sold Price $1,800,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Corona Highlands (Corh)
MLS Listing ID OC18155437
Sold Date 11/07/18
HOA Fees $292/mo
HOA Y/N No
Year Built 1960
Property Description
Back on the Market!! Well price rare triplex steps to downtown Corona del Mar and the beach. All units 2 bedrooms with upgrades, a community laundry room, tiles baths, new windows, balconies overlooking the pool area. The propertyis part of an assoc. with tenants having community pool access. Covered parking and 2 spaces per unit. Due to the association pool encroaching on the lot the assoc. pays for approx. 27% of the property tax....which helps with NOI. Potential to covert to 2 condos or improve the existing units. NO architechural oversight by the assoc. Multiple possibilities! All units are currently rented with stable tenants. There are several long term tenants that are paying below market rent.
Location
State CA
County Orange
Area Cs - Corona Del Mar - Spyglass
Rooms
Ensuite Laundry Common Area, Outside
Interior
Interior Features Balcony, Crown Molding, Cathedral Ceiling(s), Stone Counters, Unfurnished, All Bedrooms Up
Laundry Location Common Area,Outside
Heating Central
Cooling None
Flooring Carpet, Laminate
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Electric Cooktop, Electric Oven, Disposal, Water Heater
Laundry Common Area, Outside
Exterior
Garage Assigned, Detached Carport, On Site, One Space
Carport Spaces 6
Pool Community, Gunite, In Ground, Association
Community Features Curbs, Street Lights, Suburban, Sidewalks, Pool
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected
Amenities Available Pool
Waterfront Description Across the Road from Lake/Ocean,Beach Access
View Y/N Yes
View Pool
Parking Type Assigned, Detached Carport, On Site, One Space
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Modern, Ranch
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 45916410
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Michael Peters • Keller Williams Realty