For Sale Duplex MLS# OC26201520

2715 Cove

Corona Del Mar, CA 92625

$6,248,000

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About 2715 Cove

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.

Property details

Property

Type
Duplex
MLS type
Duplex
Status
Active
Year built
1940
Stories
2
Living area
1,647 sqft
Price / sqft
$3,794
Lot
0.08
Full baths
4
Original price
$6,248,000
MLS #
OC26201520

Interior

Features
Beamed Ceilings, Balcony, Block Walls, Ceiling Fan(s), Cathedral Ceiling(s), Bedroom on Main Level, Main Level Primary, Walk-In Closet(s), Family Room, Fireplace
Appliances
Built-In Range, Double Oven, Dishwasher, Freezer, Gas Range, Microwave, Refrigerator
Flooring
Laminate
Heating
Central
Cooling
Central Air
Laundry
Inside, In Kitchen, Laundry Room

Exterior & lot

Features
Bungalow, Parking spaces: 2
Construction
2
View
Ocean, Water
Garage spaces
2

Schools

District
Newport-Mesa Unified School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Parcel
05204503
Special conditions
Standard

Location

Subdivision
Corona del Mar South of PCH (CDMS)
Area
CS - Corona Del Mar - Spyglass
County
Orange
Neighborhood
Corona Del Mar Village
Community
0.0, Newport Mesa Unified
Directions
PCH, South on Marguerite, West on Ocean Blvd, down the ramp to China Cove

Ask about this property

Questions on 2715 Cove, Corona Del Mar, CA 92625, or want to see it in person?

Listed by Carl Wuestehube, Tri-Star Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.