$2,095,000 - 416 Larkspur Avenue, Corona Del Mar

  • 3Beds
  • 4Baths
  • 3,001SQ. Feet
  • 0.08Acres

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.

Sales Agent

Sam Smith TeamLaguna Beach Realtors ®Phone: 949-355-1622Cell: 949-355-1622Contact Agent Now

Essential Information

  • MLS® #:NP19215748
  • Price:$2,095,000
  • Bedrooms:3
  • Bathrooms:4.00
  • Full Baths:3
  • Half Baths:1
  • Square Footage:3,001
  • Acres:0.08
  • Year Built:1996
  • Type:Residential
  • Sub-Type:Duplex
  • Status:Active

Community Information

  • Address:416 Larkspur Avenue
  • Area:Corona Del Mar - Spyglass (CS)
  • Subdivision:Corona del Mar North of PCH (CNHW)
  • City:Corona Del Mar
  • County:Orange
  • State:CA
  • Zip Code:92625

Amenities

  • Parking Spaces:4
  • Parking:Carport, Garage
  • # of Garages:2
  • View:No View
  • Pool:None

Interior

  • Interior Features:2 Staircases, Ceiling Fan, High Ceilings (9 Feet+)
  • Appliances:Dishwasher, Double Oven, Electric Stove, Garbage Disposal, Refrigerator
  • Heating:Central Furnace
  • Cooling:Central A/C
  • Fireplace:Yes
  • Fireplaces:Living Room
  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:Lot Shape-Rectangular
  • Roof:Composition

School Information

  • District:Newport Mesa Unified

Additional Information

  • Date Listed:September 11th, 2019
  • Days on Market:40
  • HOA Fees:0.00

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Corona Del Mar North Of Pch (cnhw)

  • City:
    Corona Del Mar
  • Price Range:
    $1,395,000 - $6,775,000
  • Current Listings:
    28
  • HOA Dues:
    $0
  • Average Price per Square Foot:
    $1,265
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Provided By: Mary Golding(01865418), Coldwell Banker Res. Brokerage.

Based on information from California Regional Multiple Listing Service, Inc. as of October 22nd, 2019 at 8:02am PDT. 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.