$2,588,000
$2,795,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
511 Acacia AVE Corona Del Mar, CA 92625
3,541 Sqft Lot
Key Details
Sold Price $2,588,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Corona Del Mar South Of Pch (Cdms)
MLS Listing ID NP20169848
Sold Date 11/10/20
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1977
Lot Size 3,541 Sqft
Lot Dimensions Public Records
Property Description
Fabulous remodeled cottage duplex plus non conforming studio in one of the best locations south of the highway in Corona Del Mar. Two bedrooms, two baths, in the main house, plus a fully equipped separate studio with kitchenette for use as a guest bedroom, office, etc. The front patio has a hand built built concrete fire-pit, and there is a large rear yard between the house and studio. A motorized, retractable, canopy is able to cover the front patio for the ultimate indoor/outdoor space. The two car garage has a private laundry for the front unit and large, enclosed, built-in storage units. The remodeled kitchen has a built-in refrigerator and wine cooler, custom Le Cornue range/oven, Bosch dishwasher, and Volakis gold marble countertops. The bedrooms have custom built-in cabinets and closets. Genuine whitewashed French Oak wood floors throughout. New heat and air conditioning in the front unit. There is a very nice, large, 2+2 apartment over the garage with private laundry, walk in closet, and a deck overlooking CDM. Brand new roof on the rear unit. About a five minute walk to the beach or the village, yet plenty of street parking.
This is a very special one of a kind property that has all the charm of an original cottage, yet with all the amenities and upgrades of a new home, plus tremendous income potential. Current combined rents are $10,500 MO and could be higher.
Location
State CA
County Orange
Area Cs - Corona Del Mar - Spyglass
Rooms
Other Rooms Guest House Detached
Interior
Interior Features Balcony, Ceiling Fan(s), Crown Molding, Granite Counters, Open Floorplan, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary
Heating Baseboard, Central, ENERGY STAR Qualified Equipment, Forced Air, Natural Gas, See Remarks
Cooling Central Air, ENERGY STAR Qualified Equipment, See Remarks, Whole House Fan
Flooring Wood
Fireplaces Type Gas, Living Room, Masonry, Outside, See Remarks
Fireplace Yes
Appliance 6 Burner Stove, Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, Electric Range, Freezer, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, High Efficiency Water Heater, Ice Maker, Refrigerator, Self Cleaning Oven, Water To Refrigerator
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Laundry Room
Exterior
Exterior Feature Awning(s), Lighting, Rain Gutters, Fire Pit
Garage Door-Multi, Garage, Garage Door Opener, Garage Faces Rear
Garage Spaces 2.0
Garage Description 2.0
Fence New Condition, Wood
Pool None
Community Features Biking, Curbs, Dog Park, Golf, Gutter(s), Hiking, Sidewalks, Water Sports, Park
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Waterfront Description Ocean Side Of Highway
View Y/N Yes
View Neighborhood
Roof Type Asphalt,Elastomeric
Accessibility Safe Emergency Egress from Home, See Remarks, Accessible Doors
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Drip Irrigation/Bubblers, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front, Landscaped, Near Park, Near Public Transit, Sprinklers Timer, Street Level
Faces East
Story 2
Entry Level One,Two
Foundation Raised, Slab
Sewer Public Sewer
Water Public
Architectural Style Bungalow, Cottage
Level or Stories One, Two
Additional Building Guest House Detached
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 45909116
Security Features Carbon Monoxide Detector(s)
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Heather Kidder • Arbor Real Estate