$3,300,000
$3,249,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
7,727 Sqft Lot
SOLD DATE : 09/07/2022
Key Details
Sold Price $3,300,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Corona Highlands (Corh)
MLS Listing ID NP22157853
Sold Date 09/07/22
HOA Y/N No
Year Built 1951
Lot Size 7,727 Sqft
Property Description
We are pleased to present the sale of 403-405 Serra Drive, a 2 unit multifamily property located in Corona del Mar. Available for the first time in decades, the property consists of (2) 3 bedroom / 2 bathroom units. The property is currently being used as 4 units, but could be converted back if desired. Situated on an approximate 8,000 square foot lot, the property features a community pool, coin operated laundry area, and private yard space. This is a great opportunity for an investor looking to add to their real estate portfolio, or for an owner user looking to live in one unit while generating strong income from the other units. This asset is located in one of the most desirable neighborhoods in Orange County and offers tenants close proximity to world class beaches, parks, and all the shopping and dining the Village has to offer.
Location
State CA
County Orange
Area Cs - Corona Del Mar - Spyglass
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Flooring Carpet, Laminate
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Electric Cooktop, Gas Cooktop
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Fence Vinyl
Pool In Ground, Private
Community Features Biking, Curbs, Storm Drain(s)
Roof Type Composition
Total Parking Spaces 4
Private Pool Yes
Building
Lot Description Garden, Landscaped
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 45916112
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 1200.0
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Trust
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Bought with Edison Cook • Surterre Properties Inc.
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Broker Associate | Lic# 01905244