406 Jasmine Avenue, Corona del Mar

$3,149,000

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5 Beds
4 Baths
.08 Acre
2 Garages

MAJOR PRICE REDUCTION!! LOWEST PRICED MULTI FAMILY WEST OF COAST HWY! 2 ON A LOT WITH POTENTIAL FOR 3 UNITS! We have contractor bids to remodel entire property. Welcome to living coastal living in Corona Del Mar! Nestled west of Pacific Coast Highway, this amazing property offers a unique opportunity to own not one, but two residences, (with option for an additional studio), in the heart of Corona Del Mar's "Flower Streets". Perfectly positioned, just a short stroll from the pristine beaches, shops, and restaurants, this is coastal living at its finest. Front Cottage: Step into this peaceful home, and as you enter the front cottage, a spacious 2-bedroom, 2-bathroom home. Rear House: The rear house is currently configured as a spacious 3-bedroom, 2-bathroom layout, however, envision the possibilities as it offers the potential for conversion into a 2-bedroom, 1-bathroom residence upstairs, with an additional studio apartment on the lower level. This flexibility caters to your unique needs, whether you're looking for extra living space, a home office, or an income-generating rental unit. Both units have their own outdoor space. This sought-after address places you within the popular "Flower Streets" within a short walk of the iconic Corona Del Mar beaches, ensuring endless days of sun, sand, and surf. Explore the nearby boutiques, art galleries, and culinary delights that define the charm of this coastal community. Your new home is not just a residence; it's a lifestyle. Don't miss the chance to make this coastal retreat your own. Embrace the tranquility, luxury, convenience and excellent schools that this unique property offers. Schedule a viewing today and experience the allure of coastal living like never before!

Essential Information

MLS® #
PW23217352
Price
$3,149,000
Bedrooms
5
Bathrooms
4.00
Acres
0.08
Year Built
1950
Type
Residential Income
Sub-Type
Duplex
Status
Pending

Community Information

Address
406 Jasmine Avenue
Area
CS - Corona Del Mar - Spyglass
City
Corona del Mar
County
Orange
Zip Code
92625

Subdivision

Corona del Mar South of PCH (CDMS)

Amenities

Parking Spaces
3
Parking
Door-Single, Garage, Carport
# of Garages
2
Garages
Door-Single, Garage, Carport
View
Neighborhood
Pool
None

Interior

Interior
Carpet, Wood
Heating
Central, Fireplace(s)
Cooling
None
Fireplace
Yes
Fireplaces
Living Room
# of Stories
1
Stories
One

Exterior

Lot Description
Sprinklers In Front
Windows
Bay Window(s)
Foundation
Slab

Additional Information

Date Listed
November 22nd, 2023
Days on Market
129

Listing Details

Agent
Frank Martinez
Co-Agent
Kristina Burke(01838777)
Office
eXp Realty of California Inc
Property History
Status Changed from Active Under Contract to Pending
Status Changed from Active to Active Under Contract
Price Reduced from $3,298,000 to $3,149,000
Price Reduced from $3,499,000 to $3,298,000

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 1:50am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.