Corona Del Mar, CA 92625,511 Acacia AVE
Corona Del Mar, CA 92625,511 Acacia AVE
Corona Del Mar, CA 92625,511 Acacia AVE
8
$2,588,000
$2,795,000
7.4%
Est.Price: ?

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5 BD
5 BA
2,500 SqFt

511 Acacia AVE Corona Del Mar, CA 92625

Est. payment /mo
SOLD DATE : 11/10/2020

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Key Details

Sold Price $2,588,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $1,035

Subdivision Corona Del Mar South Of Pch (Cdms)

MLS Listing ID NP20178653

Sold Date 11/10/20

Bedrooms 5

Full Baths 2

Three Quarter Bath 3

HOA Y/N No

Year Built 1977

Lot Size 3,541 Sqft

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 covers 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 wine cooler, custom La Cornue oven, Bosch dishwasher, and Volakis gold marble countertops. The bedrooms have custom built-in cabinets and closets. Genuine whitewashed oak wood floors throughout. New forced air heat and air conditioning in the front unit. There is a large 2+2 apartment over the garage with private laundry, walk in closet, and a deck overlooking CDM. Brand new rubberized roof on the rear unit.
One of the very best locations in CDM; about a five minute walk to the beach or to 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. Tremendous income potential. Rents command $10,400 a month for both units and could be higher.

Location

State CA

County Orange

Area Cs - Corona Del Mar - Spyglass

Rooms

Other Rooms Guest House

Main Level Bedrooms 3

Interior

Interior Features Built-in Features, Balcony, Ceiling Fan(s), Granite Counters, Open Floorplan, Storage, Main Level Primary

Heating Forced Air

Cooling Central Air, High Efficiency

Flooring Carpet, Laminate, Wood

Fireplaces Type Gas, Living Room, Wood Burning

Fireplace Yes

Appliance Built-In Range, Convection Oven, Dishwasher, ENERGY STAR Qualified Water Heater, Gas Range, Microwave, Refrigerator

Laundry Washer Hookup, Gas Dryer Hookup, In Garage

Exterior

Exterior Feature Awning(s), Rain Gutters

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

Garage Spaces 2.0

Garage Description 2.0

Fence Excellent Condition, Wood

Pool None

Community Features Biking, Dog Park, Park

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Composition,Elastomeric

Porch Concrete, Covered, Patio

Attached Garage No

Total Parking Spaces 2

Private Pool No

Building

Lot Description Sprinklers In Rear, Sprinklers In Front, Near Park, Sprinklers Timer

Faces East

Story Two

Entry Level Two

Foundation Combination

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories Two

Additional Building Guest House

New Construction No

Schools

Elementary Schools Abraham Lincoln

High Schools Corona Del Mar

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 45909116

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

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Jeff Underdahl

CEO/Team Leader | License ID: 01077484

+1(760) 271-8772

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