Rare Coastal Investment & Dream Build Opportunity in Corona del Mar Perched above Bayside Drive with harbor and ocean views, this rare multi-unit income property offers endless possibilities in one of Coastal Orange Countys most coveted zip codes. Zoned R2 and featuring three well-maintained units, this unique lot also comes… Read More with plans set for approval by renowned architect Chris Brandon, showcasing a future architectural masterpiece a modern coastal home with floor-to-ceiling glass, open-concept design, and a stunning rooftop deck with covered outdoor living space to soak in harbor views.Currently configured as a charming mid-century modern triplex, each unit boasts its own address:2516 & 2518 feature 2 beds, 2 baths, 1-car garages, vaulted wood-beamed ceilings, A/C, in-unit laundry, updated appliances, and expansive windows to capture the harbor views.2516 is a private studio with a covered patio, side yard, and dedicated storage ideal for guests, rental income, or a private workspace.The property sits on a special entitlement lot spaciously set back via a private drive , offering privacy, abundant parking, and a park-like atmosphere. Located just one block from picturesque Begonia Park, walking distance to the beach and famed ocean blvd , the village,Newport Harbor, Fashion Island, walking trails, and the world-class shopping and dining of Corona del Mar and Newport Beach.Whether you're an investor seeking a premium long-term asset, a buyer looking to downsize and rent additional units, or a visionary ready to build a landmark coastal residence, this is your opportun Read Less
Courtesy of Coldwell Banker Realty, 949-706-2203, Leo Goldschwartz.
Listing Snapshot
Days Online
113
Last Updated
Property Type
Detached
Beds
5
Full Baths
5
Square Ft.
2,550
Year Built
1972
MLS Number
OC25079508
30 Days Snapshot Of 92625
$3.47M
0%
(avg) sold price
0
-100%
homes sold
61
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"6 Burner Stove", "Gas Range"
Building
Built in 1972, Building area total: 2550, 2 stories, 2 stories total, Living area: 2550, Living area units: Sqft, Building area units: Sqft, Entry level: 2, "No Common Walls", "Stucco", "Asphalt", "2 Story"
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Source: San Diego MLS
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