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2715 Cove Corona Del Mar CA 92625
Price $ 6,248,000
Listing ID OC26201520
Status Active
Property Type Duplex
County Orange
Neighborhood Corona del Mar South of PCH (CDMS)
Beds 4
Baths 4
House Size 1647
Year Built 1940
Days on website 6
Description
Maximize your portfolio with this turnkey investment opportunity located just 30 feet from the sand in Corona del Mar’s highly exclusive China Cove. 2715 Cove Street is a completely renovated, dual-income duplex spanning a highly efficient 1,647 total square feet, offering an unbeatable coastal location paired with exceptional revenue potential. Strategically configured with two distinct 2-bedroom, 2-bathroom units, this property maximizes its footprint to deliver an attractive layout for high-end tenants. A true asset-multiplier for the area, the property boasts an unprecedented seven-vehicle parking capacity—an incredibly rare commodity that slashes vacancy rates, commands premium rental premiums, and accelerates long-term property valuation. Both updated units are optimized for high-yield performance, offering a uniform, low-maintenance design aesthetic with premium finishes that appeal to discerning tenants. The upper-level 2BR/2BA residence features sun-drenched, open-concept interiors and selective ocean views, making it an ideal candidate for a premium long-term lease or a high-rate executive rental. The ground-floor 2BR/2BA residence maximizes its footprint with inviting private outdoor patios, perfectly capturing the indoor-outdoor California lifestyle that renters willingly pay a premium to secure. Whether your strategy focuses on maximizing dual-income rental streams, executing a high-end corporate leasing model, or utilizing a live-in-one, rent-the-other strategy to offset your debt service, this asset delivers immediate cash-flow potential. Capitalize on a rare, completely updated footprint just steps from the beach, upscale shopping, and elite dining in one of Southern California's most resilient and appreciating real estate markets.
Location
Financial Information
List Price: $ 6248000
Property Features
Appliances: Dishwasher, Freezer, Microwave, Refrigerator
Flooring: Laminate
Heating: Central
High School District: Newport Mesa Unified
Interior Features: Balcony
Laundry Features: Inside
Levels: Two
Lot Features: Walkstreet
Senior Community YN: false
Structure Type: Duplex
View: Ocean, Water
Water Source: Public
High School District: Newport Mesa Unified
Senior Community YN: false
MLS Area Major: CS - Corona Del Mar - Spyglass
City: Corona Del Mar
Listed By:   Carl Wuestehube   Tri-Star Realty 
CA Lic#
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