2715 Cove, Corona Del Mar, CA 92625
- $6,248,000
- 4
- BD
- 4
- BA
- 1,647
- SqFt
- List Price
- $6,248,000
- Status
- ACTIVE
- MLS#
- OC26201520
- Year Built
- 1940
- Bedrooms
- 4
- Bathrooms
- 4
- Living Sq. Ft
- 1,647
- Lot Size
- 3,485
- Acres
- 0.08
- Lot Location
- Corner Lot, Walkstreet
- Days on Market
- 0
- Property Type
- Single Family Residential
- Style
- Bungalow
- Property Sub Type
- Duplex
- Stories
- Two Levels
- Neighborhood
- Corona Del Mar South Of Pch (Cdms)
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.
Additional Information
- Appliances
- Built-In Range, Double Oven, Dishwasher, Freezer, Gas Range, Microwave, Refrigerator
- Pool Description
- None
- Fireplace Description
- Family Room
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Ocean, Water
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Newport Mesa Unified
- Interior Features
- Beamed Ceilings, Balcony, Block Walls, Ceiling Fan(s), Cathedral Ceiling(s), Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
- Attached Structure
- Attached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Carl Wuestehube (Carl@HomeListers.org) from Listing Office: Tri-Star Realty.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.