Corona Del Mar, CA 92625,511 Acacia AVE
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Corona Del Mar, CA 92625,511 Acacia AVE
Corona Del Mar, CA 92625,511 Acacia AVE
Corona Del Mar, CA 92625,511 Acacia AVE
Corona Del Mar, CA 92625,511 Acacia AVE

$2,588,000

Est. payment /mo

$2,795,000

7.4%
Est.Price: ?

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511 Acacia AVE Corona Del Mar, CA 92625

2,450 SqFt

SOLD DATE : 11/10/2020

Key Details

Sold Price $2,588,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,450 sqft

Price per Sqft $1,056

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

Acres 0.0813

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

Ensuite Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Laundry Room

Interior

Interior Features Balcony, Ceiling Fan(s), Crown Molding, Granite Counters, Open Floorplan, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary

Laundry Location Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,In Garage,Laundry Room

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

Parking Type Door-Multi, Garage, Garage Door Opener, Garage Faces Rear

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

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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Mike And Mary Jafarkhani

Mike And Mary Jafarkhani

+1(949) 533-5040

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Rick Heinz • Coldwell Banker Realty
Bought with Heather Kidder • Arbor Real Estate

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

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