$3,300,000
$3,249,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
7,729 Sqft Lot
SOLD DATE : 09/07/2022
Key Details
Sold Price $3,300,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NP22157853
Sold Date 09/07/22
Bedrooms 6
HOA Y/N No
Lot Size 7,729 Sqft
Property Description
We are pleased to present the sale of 403-405 Serra Drive, a 2 unit multifamily property located in Corona del Mar. Available for the first time in decades, the property consists of (2) 3 bedroom / 2 bathroom units. The property is currently being used as 4 units, but could be converted back if desired. Situated on an approximate 8,000 square foot lot, the property features a community pool, coin operated laundry area, and private yard space. This is a great opportunity for an investor looking to add to their real estate portfolio, or for an owner user looking to live in one unit while generating strong income from the other units. This asset is located in one of the most desirable neighborhoods in Orange County and offers tenants close proximity to world class beaches, parks, and all the shopping and dining the Village has to offer.
We are pleased to present the sale of 403-405 Serra Drive, a 2 unit multifamily property located in Corona del Mar. Available for the first time in decades, the property consists of (2) 3 bedroom / 2 bathroom units. The property is currently being used as 4 units, but could be converted back if desired. Situated on an approximate 8,000 square foot lot, the property features a community pool, coin operated laundry area, and private yard space. This is a great opportunity for an investor looking to add to their real estate portfolio, or for an owner user looking to live in one unit while generating strong income from the other units. This asset is located in one of the most desirable neighborhoods in Orange County and offers tenants close proximity to world class beaches, parks, and all the shopping and dining the Village has to offer.
Location
State CA
County Orange
Area Oc - Corona Del Mar (92625)
Zoning Assessor
Exterior
Pool Below Ground, Private
Roof Type Composition
Building
Lot Description Curbs
Story 2
Lot Size Range 7500-10889 SF
Others
Acceptable Financing Cash, Conventional
Space Rent $5,135
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Edison Cook • Surterre Properties Inc.
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