3100 Breakers,  Corona del Mar CA, 92625 (Residential)

6 beds , 5 Full/1 Half baths
4,200 sqft
Status: Sold
MLS#: NP15078338
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Last Updated: 12/2/2016 3:53 PM
Description for 3100 Breakers Corona del Mar, CA 92625
It’s a Beach House…It’s an Income Property. It’s the best of both worlds and you get to decide what’s right for you. Set behind the private gates of Breakers Drive, this is the opportunity to secure a beach front property with panoramic views of Big Corona Beach, Catalina Island and the entrance to Newport Harbor. This property is ideally suited as an owner’s beach house with separate rental income; or as a dedicated income property offering a variety of year round and/or vacation rental options. Residence A – The Quintessential Beach House of approximately 2,100 sq. ft., with 3 bedrooms, 2 ½ bathrooms, featuring expansive living, dining and entertaining space opening to a generous ocean view deck that runs the full width of the property. Projected rental value is $7,000 - $8,000 per month. Residence B – Currently being used as a 2 bedroom, 2 bathroom rental unit of approximately 1,300 sq. ft.; and a 1 bedroom, 1 bathroom rental unit of approximately 800 sq. ft. Current rental income is $6,000 monthly.
Price
Sold Price:
$4,575,000
Sold Date:05/21/2015
Orange
6
5 Full/1 Half
4,200 (approx)
NP15078338
Closed
Description
It’s a Beach House…It’s an Income Property. It’s the best of both worlds and you get to decide what’s right for you. Set behind the private gates of Breakers Drive, this is the opportunity to secure a beach front property with panoramic views of Big Corona Beach, Catalina Island and the entrance to Newport Harbor. This property is ideally suited as an owner’s beach house with separate rental income; or as a dedicated income property offering a variety of year round and/or vacation rental options. Residence A – The Quintessential Beach House of approximately 2,100 sq. ft., with 3 bedrooms, 2 ½ bathrooms, featuring expansive living, dining and entertaining space opening to a generous ocean view deck that runs the full width of the property. Projected rental value is $7,000 - $8,000 per month. Residence B – Currently being used as a 2 bedroom, 2 bathroom rental unit of approximately 1,300 sq. ft.; and a 1 bedroom, 1 bathroom rental unit of approximately 800 sq. ft. Current rental income is $6,000 monthly.
Listing Information
Property Type: Single Family, 3+ Story
6 5 Full/1 Half
0.14 Acres 6,098 sq.ft. 4,200 (approx)
1953 Yes- 4 spaces
Public Water Service
Sewer at Street
Neighborhood
School Information
District: Newport Mesa Unified
HARBOR VIEW CDM CDM
Room Information
Bathrooms
5 1
Master Suite, Walk-In Closet
Interior Features
None
Living Room
Exterior / Lot Features
4 Garage Spaces, 8 Parking Spaces
None
No Pool
Ocean, Panoramic, Coastline View, Catalina Island View
Sidewalks
Financial Considerations
$50
05212057
Listing Price History

Corona del Mar Real Estate

Corona del Mar is located in California. Corona del Mar, California 92625 has a population of 12,442.

The median household income in Corona del Mar, California 92625 is $120,124. The median household income for the surrounding county is $75,566 compared to the national median of $53,046. The median age of people living in Corona del Mar 92625 is 47.6 years.

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Courtesy: VALIA Properties Timothy Tamura
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