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$6,248,000

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3,484 Sqft Lot

New

2715 Cove Corona Del Mar, CA 92625

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Katrina Smith

katrina@pinpointproperties.com +1(949) 209-9004

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Corona Del Mar South Of Pch (Cdms)

MLS Listing ID OC26201207

HOA Y/N No

Year Built 1940

Lot Size 3,484 Sqft

Property Sub-Type Duplex

Property Description

Maximize your portfolio with this turnkey investment opportunity located just 30 feet from the sand in Corona del Mar's highly exclusive China Cove. 2715 Cove Street is a completely renovated, dual-income duplex spanning a highly efficient 1,647 total square feet, offering an unbeatable coastal location paired with exceptional revenue potential. Strategically configured with two distinct 2-bedroom, 2-bathroom units, this property maximizes its footprint to deliver an attractive layout for high-end tenants. A true asset-multiplier for the area, the property boasts an unprecedented seven-vehicle parking capacity—an incredibly rare commodity that slashes vacancy rates, commands premium rental premiums, and accelerates long-term property valuation. Both updated units are optimized for high-yield performance, offering a uniform, low-maintenance design aesthetic with premium finishes that appeal to discerning tenants. The upper-level 2BR/2BA residence features sun-drenched, open-concept interiors and selective ocean views, making it an ideal candidate for a premium long-term lease or a high-rate executive rental. The ground-floor 2BR/2BA residence maximizes its footprint with inviting private outdoor patios, perfectly capturing the indoor-outdoor California lifestyle that renters willingly pay a premium to secure. Whether your strategy focuses on maximizing dual-income rental streams, executing a high-end corporate leasing model, or utilizing a live-in-one, rent-the-other strategy to offset your debt service, this asset delivers immediate cash-flow potential. Capitalize on a rare, completely updated footprint just steps from the beach, upscale shopping, and elite dining in one of Southern California's most resilient and appreciating real estate markets.

Location

State CA

County Orange

Area Cs - Corona Del Mar - Spyglass

Interior

Interior Features Beamed Ceilings, Balcony, Block Walls, Ceiling Fan(s), Cathedral Ceiling(s)

Heating Central

Cooling Central Air

Flooring Laminate

Fireplace No

Appliance Built-In Range, Double Oven, Dishwasher, Freezer, Gas Range, Microwave, Refrigerator

Laundry Inside, In Kitchen, Laundry Room

Exterior

Garage Spaces 2.0

Garage Description 2.0

Fence Masonry

Pool None

Community Features Water Sports

Roof Type Composition

Total Parking Spaces 2

Private Pool No

Building

Lot Description Corner Lot, Walkstreet

Story 2

Sewer Public Sewer

Water Public

Architectural Style Bungalow

New Construction No

Others

Senior Community No

Tax ID 05204503

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Lease Land No

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Carl Wuestehube Tri-Star Realty 714-791-6026, DRE #00634943

NEARBY SCHOOL & BUSINESS

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Katrina Smith

Agent DRE#01740623

+1(949) 209-9004

2715 Cove Corona Del Mar, CA 92625

Katrina Smith

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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