2511 Seaview Avenue Corona Del Mar, 92625

Bedrooms:
5
Bathrooms:
3
Square Feet:
2,611 sqft
Price $5,650,000 .00
Approx /month
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Sale Price:
$5,650,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$0
Insurance: (year)
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Mar 19, 1:00 pm - 4:30 pm

Virtual Tour of 2511 Seaview Avenue , Corona Del Mar 92625

Property Description

Embodying arguably every characteristic of what one looks for in a charming Corona Del Mar Village Lot, seldom does an opportunity like this rare offering present itself. 2511 Seaview Ave is one of the last oversized parcels, featuring 45 feet plus of frontage, 118 feet of depth, sited on an R-2 zoned corner, oceanside of Pacific Coast Hwy inclusive of currently both Outdoor Yard space, and Bay + City Light Views. The potential stretches as far as ones imagination allows on this approx. 5,641 Sqft lot; currently functioning as a Duplex, and included in the sale is the lower unit at 2501 Seaview Ave. Find joy in a designated active lifestyle encouraging walkability; being just steps to multiple world class beaches including CDM State Beach, Little Corona, China Cove, and a short stroll to the CDM village shops and restaurants, all while having immediate proximity to Fashion Island & South Coast Plaza, award winning schools, the resort at Pelican Hill, renowned Crystal Cove promenade and Nature Preserve trails. The existing humble structure features a 3/2 up and 2/1 down, 2 car garage for upper unit, 1 for lower, along with dedicated laundry room. Live in one unit and rent the other, keep the property as a pure investment and benefit from the appreciation over time, rent both units while drawing and submitting plans, redevelop and build your dream home, or spec 2 units; the options are without exception and as comprehensive as they come. The building envelop lends itself to push up well past the existing structure and realize the appropriate potential with a roof deck showcasing premier 360 degree views of Ocean, Catalina, Newport Harbor, Coastline, City Lights, Boat activity, majestic year-round Sunsets, and all the beauty that is the California Riviera. Breathe life into what could very well be the space youve been looking for. *Seller financing option available. Seller also open to consider taking a property on trade. Contact for more details.*

General Information

Listing Attribution:
Luxe Real Estate
Listing Agent:
Obeid Habibi
CalBRE#:
01976307
Price:
$5,650,000
Status:
Active
Listing Updated:
3/20/2023
List Date:
11/23/2022
Close Date
Square Feet:
2,611
Bedrooms:
5
Bathrooms:
3
Garage Spaces:
3.00
Year Built:
1961
City:
Corona Del Mar
Zip:
92625
County:
Orange
MLS ID:
OC22245926
Buyer Agency Compensation:
2.500%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Home Features

Interior Features:
All Bedrooms Up, All Bedrooms Down, Bedroom on Main Level
Exterior Features:
Appliances:
Flooring:
Laundry:
In Garage, Laundry Room
Architectural Style:
Levels:
Two
Fireplace Features:
Family Room
Cooling:
None
Heating:
Utilities:
Pool Type Features:
None
Spa Features:
None
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:

Community Information

MLS Area:
CS - Corona Del Mar - Spyglass

Lot Information

Lot Size (sq feet):
5,641

Location Information

Directions:
PCH turn on Marguerite Ave, turn right on Seaview Ave, property on corner of Seaview & Carnation