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Yesenia Garcia
Pro Member
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213
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RARE OFF-MARKET Corona Del Mar Duplex!!

Yesenia Garcia
Pro Member
Posted Nov 4 2022, 10:54

OFF-MARKET Corona Del Mar Duplex! Subject property is zoned R2 and positioned at the end of a quiet cul-de-sac, on the coveted 300 block just steps away from CDM beaches. Potential to develop or remodel for cash flow! Opportunities like this don't come around often!

Zip Code:
92625

Purchase Price: $2,990,000

ARV if rebuilt: $5.6M

ARV rehabbed as is: $4.2M +

ZoningR2

Beds/Baths: 3/2

Lot Size:
3,439

Upper Unit: 3 bedroom / 2 bath= Approx. 1400 sf

Currently Rented for $3,750/month

Market Rent as is: $6,500/month

Potential Rent if Renovated: $9,500+/month

Lower Unit: 2 bedroom / 2 bath= Approx. 1100 sf

Currently Rented for $2,950/month

Market Rent as is: $5,200/month

Potential Rent if Renovated: $7,500+/month

**I cover all closing costs on cash transactions. Cash or HM only. Contracts are non-assignable*** Text/call me to get access to this deal and the 18 others I have under contract. 562-704-2689***

DRE#02182331 | Visit www.investwithyesi.com to learn more