ONLY MULTI-FAMILY PROPERTY
AVAILABLE SOUTH OF PACIFIC COAST HIGHWAY

$2,700,000

Marguerite, Corona del Mar, CA 92625
Unit 1: 2bed / 1 bath | Unit 2: 2bed / 1 bath | Unit 3: Studio | Lot size 30ft. x 118ft.

More property info:

http://MargueriteCDM.60one.net

***LOCATION, LOCATION, LOCATION!*** 

This is the ONLY multi-family property available on the South Side of PCH, just a few homes from the Ocean (Big Corona Beach). It has been a rental for many years with the current annual gross rent of $66,600.

There are many possibilities with this property:

1. Long-Term Investment: Investor buys during the down market and holds property for several years while covering partial costs with rental income on three units (currently $66,600/year).

2. Single Family Home: Buyer takes advantage of the location and builds his/her Dream Home!

3. Condos: Buyer builds 2 condos on this R2 lot (30ft. x 118ft.) and sells them when the market picks up again.

Don’t wait, a property like this won't stay on the market long!