2715 Cove, Corona Del Mar, CA 92625

$6,248,000
4
BD
4
BA
1,647
SqFt

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List Agent Carl Wuestehube () 800-621-4258 Tri-Star Realty; CoList ()

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
Lot Location
Corner Lot, Walkstreet
Days on Market
3
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

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.