416 Larkspur Avenue, Corona Del Mar

$2,095,000

0 Beds
0 Baths
3,001 Sqft
3,540 Lot Sqft
2 Garages

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.

Essential Information
MLS® #NP19215750
Price$2,095,000
Bathrooms0.00
Square Footage3,001
Lot Sqft3,540
Acres0.08
Year Built1996
TypeResidential Income
StatusActive
No of Units2
Community Information
Address416 Larkspur Avenue
AreaCorona Del Mar - Spyglass (CS)
CityCorona Del Mar
CountyOrange
StateCA
Zip Code92625
Subdivision

Corona del Mar North of PCH (CNHW)

Amenities
Parking Spaces4
# of Garages2
Interior
HeatingCentral Furnace
CoolingCentral A/C
FireplaceYes
# of Stories2
StoriesTwo
Appliances

Dishwasher, Double Oven, Electric Stove, Garbage Disposal, Refrigerator

Exterior
Lot DescriptionLot Shape-Rectangular
RoofComposition
Additional Information
Date ListedSeptember 11th, 2019
Days on Market199
Listing Details
AgentMary Golding(01865418)
OfficeColdwell Banker Res. Brokerage
Property History
Price Reduced from $2,185,000 to $2,095,000
Price Reduced from $2,185,000 to $2,095,000
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Based on information from California Regional Multiple Listing Service, Inc. as of March 29th, 2020 at 12:36am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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