406 Jasmine Avenue Corona Del Mar, 92625

Bedrooms:
5
Bathrooms:
4
Square Feet:
2,586 sqft
Price $3,999,999 .00
Approx /month
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Sale Price:
$3,999,999
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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Virtual Tour of 406 Jasmine Avenue , Corona Del Mar 92625

Property Description

MOTIVATED SELLER WANTS IT SOLD! BRING ALL OFFERS!! SOUTH OF PCH, TWO UNIT INCOME POTENTIAL COASTAL PROPERTY! This unique property offers a 2 bedroom, 2 bath front cottage house, plus a 2 story 3 bedroom, 2 bath rental unit/guest house in the rear. Located in the heart of Corona Del Mar, and only 2 blocks from CdM State Beach! The vintage cottage house exudes charm and character, serving as the perfect canvas for your imagination. With its charming appeal, it offers a cozy living space that can be renovated to reflect your personal style and preferences. The cottage has a sense of nostalgia, and with a touch of creativity, it can be transformed into a charming haven that pays homage to its historical roots. In back of the cottage, the legally permitted 3-bedroom apartment over the garage provides additional space and flexibility. This separate living area offers a private retreat for guests or the opportunity to generate rental income. Whether you choose to utilize it for extended family members, as a home office, or as an income-generating asset, this apartment offers versatility and convenience. The property's location in the Flower Streets of Corona Del Mar is highly desirable, known for its tree-lined streets, beautiful homes, and close proximity to the vibrant coastal lifestyle. Enjoy leisurely strolls to nearby beaches, explore the charming boutiques and restaurants along Pacific Coast Highway, or indulge in the plethora of outdoor activities available in this coastal paradise. With this rare opportunity to build your dream home, you have the freedom to create a vision that is uniquely yours. From modern architectural designs to classic coastal aesthetics, the choice is yours to shape a residence that perfectly suits your style and preferences. Let your imagination run wild as you envision a harmonious blend of indoor and outdoor living spaces, high-end finishes, and the ultimate in luxury and comfort. Corona Del Mar offers a wealth of amenities and attractions that cater to a refined and sophisticated lifestyle. Immerse yourself in the coastal beauty, relish in the vibrant community, and take advantage of the abundant recreational opportunities. From beach activities to upscale shopping and dining experiences, Corona Del Mar has something for everyone!

General Information

Listing Attribution:
Alta Realty Group CA, Inc
Listing Agent:
Ann Harris
CalBRE#:
01339869
Price:
$3,999,999
Status:
Active
Listing Updated:
9/24/2023
List Date:
6/14/2023
Close Date
Square Feet:
2,586
Bedrooms:
5
Bathrooms:
4
Garage Spaces:
2.00
Year Built:
1950
City:
Corona Del Mar
Zip:
92625
County:
Orange
MLS ID:
OC23106273
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:
In-Law Floorplan, Bedroom on Main Level, Main Level Master
Exterior Features:
Appliances:
Dishwasher, Disposal
Flooring:
Carpet, Tile, Wood
Laundry:
Gas Dryer Hookup, In Garage
Architectural Style:
Bungalow, Cottage
Levels:
One, Two
Fireplace Features:
Living Room
Cooling:
None
Heating:
Central
Utilities:
Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Pool Type Features:
None
Spa Features:
Construction Materials:
Asphalt, Drywall, Shake Siding
Roofing:
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:
Safe Emergency Egress from Home, Grab Bars, Low Pile Carpet

Community Information

MLS Area:
CS - Corona Del Mar - Spyglass

Lot Information

Lot Size (sq feet):
3,642

Location Information

Directions:
Go South from PCH [Ocean side] on Jasmine, the house is the 3rd on the left.