$3,995,000 Est. $14,209 / mo.*

407 Heliotrope Avenue Corona Del Mar , CA 92625

Property listed by Berkshire Hathaway Homeservice, Carter Weir {attribution_contact}

Description

5 Beds
1 full, 3 half Baths
1,960 Sqft
4,721 Sqft lot
0.11 Acre lot
Status: Active
Property Type: Duplex
Year Built: 1961
Neighborhood: Corona Del Mar South Of Pch (cdms)
Days on Website: 112
Extraordinary investment opportunity awaits in the Village of Corona del Mar with this rare gem—a duplex perched on a 40-by-118-foot lot, ocean side of PCH. Unveil a canvas of possibilities with this property, which comes complete with fully developed and approved plans from award winning architect Eric Aust, ready for permit acquisition. Envision the front unit boasting 2,741 square feet of living space, featuring 3 bedrooms and 3.5 baths, while the rear unit offers a gracious 1,737 square feet with 3 bedrooms and 3.5 baths. For those seeking immediate occupancy, the front unit currently presents 3 bedrooms, 3 bathrooms, and soaring high ceilings adorned with beams. A detached 3-car garage complements the property. The rear unit, ideal for rental income, features 2 bedrooms and 1 half bath. Capitalize on the existing configuration for a robust rental income stream or embrace the opportunity for a seamless renovation. This duplex not only promises a lucrative investment but also embodies the essence of Corona del Mar's coveted lifestyle. Seize the chance to elevate this property into a beacon of luxury living or harness its current allure for attractive rental income.

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Christopher Lechner

(562) 972-0388