$2,588,000
$2,795,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
511 Acacia AVE Corona Del Mar, CA 92625
5 Beds
5 Baths
2,500 SqFt
Key Details
Sold Price $2,588,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $1,035
Subdivision Corona Del Mar South Of Pch (Cdms)
MLS Listing ID NP20178653
Sold Date 11/10/20
Bedrooms 5
Full Baths 2
Three Quarter Bath 3
HOA Y/N No
Year Built 1977
Lot Size 3,541 Sqft
Lot Dimensions Public Records
Property Description
Fabulous remodeled cottage duplex plus non conforming studio in one of the best locations south of the highway in Corona Del Mar. Two bedrooms, two baths in the main house, plus a fully equipped separate studio with kitchenette for use as a guest bedroom, office, etc. The front patio has a hand built built concrete fire-pit, and there is a large rear yard between the house and studio. A motorized, retractable, canopy covers the front patio for the ultimate indoor/outdoor space. The two car garage has a private laundry for the front unit and large, enclosed, built-in storage units. The remodeled kitchen has a built in wine cooler, custom La Cornue oven, Bosch dishwasher, and Volakis gold marble countertops. The bedrooms have custom built-in cabinets and closets. Genuine whitewashed oak wood floors throughout. New forced air heat and air conditioning in the front unit. There is a large 2+2 apartment over the garage with private laundry, walk in closet, and a deck overlooking CDM. Brand new rubberized roof on the rear unit.
One of the very best locations in CDM; about a five minute walk to the beach or to the village yet plenty of street parking.
This is a very special one of a kind property that has all the charm of an original cottage, yet with all the amenities and upgrades of a new home. Tremendous income potential. Rents command $10,400 a month for both units and could be higher.
Location
State CA
County Orange
Area Cs - Corona Del Mar - Spyglass
Rooms
Other Rooms Guest House
Main Level Bedrooms 3
Interior
Interior Features Built-in Features, Balcony, Ceiling Fan(s), Granite Counters, Open Floorplan, Storage, Main Level Primary
Heating Forced Air
Cooling Central Air, High Efficiency
Flooring Carpet, Laminate, Wood
Fireplaces Type Gas, Living Room, Wood Burning
Fireplace Yes
Appliance Built-In Range, Convection Oven, Dishwasher, ENERGY STAR Qualified Water Heater, Gas Range, Microwave, Refrigerator
Laundry Washer Hookup, Gas Dryer Hookup, In Garage
Exterior
Exterior Feature Awning(s), Rain Gutters
Parking Features Door-Multi, Garage, Garage Door Opener, Garage Faces Rear
Garage Spaces 2.0
Garage Description 2.0
Fence Excellent Condition, Wood
Pool None
Community Features Biking, Dog Park, Park
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition,Elastomeric
Porch Concrete, Covered, Patio
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description Sprinklers In Rear, Sprinklers In Front, Near Park, Sprinklers Timer
Faces East
Story Two
Entry Level Two
Foundation Combination
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories Two
Additional Building Guest House
New Construction No
Schools
Elementary Schools Abraham Lincoln
High Schools Corona Del Mar
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 45909116
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Heather Kidder • Arbor Real Estate