This evening shot of the front of the duplex gives you a great view of the entertaining space that the property has to offer.
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602 Marguerite, 2, Corona del Mar, CA 92625

$4.85M6bd · 6ba · 3,032 sqft
Lot 3,772 sqft•Duplex•
Active
•44d on market•MLS# NP-26189751

Property Description

CHECK OUT THIS DUPLEX AT THIS GREAT PRICE!!! Located in the heart of Corona Del Mar Village, just north of Pacific Coast Highway, this fabulous duplex is a great opportunity to own income property in CDM. Both front & back units are approx 1516 sq. ft. each, with 3 bedrooms and 2.5 baths, open floor plans, newer luxury vinyl flooring throughout, stone counters in the kitchens, gas cooktops w/ovens below, stainless steel dishwashers & refrigerators, 2 sets of laundry facilities in the garage, that has new epoxy flooring. There are spacious walk-in closets in the primary suites, lots of storage cabinets for linens, and mirrored closet doors in the all secondary bedrooms. The front home is fully furnished for short term rentals at premium prices. The back home is on a long-term lease that continues through May 2027 at $6400.00 per month. The exterior of the property just underwent a major facelift with a whole new expanded front patio with sliding glass doors, leading out from the front home. There's a new firepit, BBQ, seating area for additional outdoor entertaining space, new drought tolerant landscaping and front yard fencing that adds charm to the property. Each home has its own mailbox and separate entries. The back home has newer sliding glass doors leading out to a newly extended private patio for their space too. This duplex is just minutes from Corona del Mar's world famous beaches, a local park, the areas top restaurants, boutiques, shopping at Fashion Island, Laguna Beach & John Wayne Airport. Schools are top notch in the Newport Mesa school district and one is just a few blocks away. The Oasis Senior Center is just 2 blocks from the property, offering a gym, various classes & all kinds of other social events for the senior community of 55 yrs & older.

Features & Amenities

FeeBuilt 1969

Property Details

Land Type
Fee
Year Built
1969
Property Type
Residential
Property Subtype
Duplex
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air
Cooling
None
View
City Lights
Flooring
Vinyl, Carpet
Roof
Tile, Composition
City
Corona del Mar
Zip Code
92625
County
Orange
Listed byUnknown Office, Denine Kerns

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$24,524.24
Principal & Interest
Loan Amount
$3,880,000
Total Interest
$4,948,726
Total Payment Over 30 Years
$8,828,726
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 3 active · 0 closed

602 Marguerite, 2, Corona del Mar, CA 92625

Corona del Mar · Duplex

$4.85M
Luxury Tier
Beds
6
Baths
6
Sqft
3,032
Lot
3,772 sqft
Year
1969
$/Sqft
$1600
Pool: No✓
Spa: No✓
View: city✓
Garage: 2-car✓

Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $4.85M· $1,600/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $5.50M
−$645K (−11.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,756
−$156 (−8.9%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
520 IrisCorona del Mar1973643,6493,485$1,506$5.50M15179
503 MargueriteCorona del Mar1970562,8023,537$1,962$5.50M10870
310 FernleafCorona del Mar1972532,5004,156$1,800$4.50M2061
Total: 3 · Average5.34.32,983.6673,726$1,756$5.16M93
Median2,802$5.50M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.