RARE OFF-MARKET Corona Del Mar Duplex!!
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 +
Zoning: R2Beds/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
Offering
Orange County, California