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Sold for $3,600,000
  • Listed by: The OC Real Estate • Pamela Etem • Contact: 714-717-6408
    Bought with: VALIA Properties
    $3,600,000

    306 Marguerite Ave, Corona Del Mar, CA 92625

    3beds
    2,225sqft
    Triplex
    Built in 1950
    -- sqft lot
    $4,572,200 Zestimate®
    $1,618/sqft
    $7,745 Estimated rent

    Home value

    $4,572,200

    $4.34M - $4.80M

    $7,745/mo

    Zestimate® history
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    What's special

    Would of, Could of, Should of.........Opportunity is knocking, are you listening??? Extremely rare 3 units on a 30 x 118" parcel in an exceptional location south of PCH in the Village of CDM on the Flower Streets. An incredible opportunity to build your dream home(s) in an almost unattainable location. Currently 306 Marguerite exists as one-2 bedroom unit and two-1 bedroom units, a laundry room and an oversized two car garage. Utilized as three independent month to month rentals, Marguerite is clean, tidy and functional but is it truely its highest and best use? We'll let you decide. 306 Marguerite has been in the same family since 1964 and now you have the rare opportunity to call it "yours". Walkable to the best that Corona Del Mar has to offer: world class dining, idyllic beaches, impressive schools, spectacular shopping and an address that very few are fortunate enough to call their own. Don't wait another 60 years for this opportunity to come again, opportunity is knocking now, are you listening?

    Zillow last checked:

    Listing updated:

    Listed by:

    Pamela Etem DRE #01383837 714-717-6408,

    The OC Real Estate,

    Darren Etem DRE #01922078,

    The OC Real Estate

    Bought with:

    Steven Sergi, DRE #01417942

    VALIA Properties

    Source: CRMLS,MLS#: OC24215566MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Center Hall, Entry/Foyer, Kitchen, Living Room
    Bathroom
    • Features: Bathtub, Separate Shower, Tile Counters, Tub Shower
    Kitchen
    • Features: Tile Counters
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Gas Range, Water Heater
    • Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
    Features
    • Beamed Ceilings, Breakfast Bar, Built-in Features, Breakfast Area, Ceiling Fan(s), Tile Counters
    • Flooring: Carpet, Tile, Vinyl
    • Windows: Blinds, Double Pane Windows, Drapes, Wood Frames
    • Has fireplace: Yes
    • Fireplace features: Gas, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,225 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Door-Multi, Garage, Garage Door Opener, Oversized, Private, Garage Faces Rear
    • Attached garage spaces: 2
    • Uncovered spaces: 1
    Accessibility
    • Accessibility features: No Stairs
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1 & 2
    • Patio & porch: Front Porch, Patio
    • Pool features: None
    • Spa features: None
    • Fencing: Vinyl
    • Has view: Yes
    • View description: Catalina, Peek-A-Boo
    • Waterfront features: Ocean Side Of Freeway, Ocean Side Of Highway
    Lot
    • Size: 3,485 Square Feet
    • Dimensions: 30 x 118
    • Features: Level, No Landscaping, Near Park, Near Public Transit, Rectangular Lot, Walkstreet
    Details
    • Parcel number: 05210317
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Mid-Century Modern
    • Property subtype: Triplex
    Materials
    • Stucco, Wood Siding
    • Foundation: Slab
    • Roof: Other
    Condition
    • Repairs Cosmetic
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer, Sewer Tap Paid
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Fishing, Storm Drain(s), Street Lights, Suburban, Sidewalks, Park
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Corona Del Mar South Of Pch (Cdms)
    Location
    • Region: Corona Del Mar

    Financial & listing details

    • Price per square foot: $1,618/sqft
    • Tax assessed value: $3,672,000
    • Date on market: 10/22/2024
    • Cumulative days on market: 6 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Submit,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/27/2024Sold$3,600,000-4%$1,618/sqft
    Source: CRMLS #OC24215566 Report a problem
    11/16/2024Pending sale$3,750,000$1,685/sqft
    Source: CRMLS #OC24215566 Report a problem
    10/30/2024Contingent$3,750,000$1,685/sqft
    Source: CRMLS #OC24215566 Report a problem
    10/21/2024Listed for sale$3,750,000$1,685/sqft
    Source: CRMLS #OC24217649 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $3,672,000 +2%
    2025$38,771 +1652.8%$3,600,000 +2601.3%
    2024$2,212 +2.7%$133,271 +2%
    2023$2,153 +2.2%$130,658 +2%
    2022$2,107 +1.7%$128,097 +2%
    2021$2,072 +1%$125,586 +1%
    2020$2,051 $124,299 +2%
    2019$2,051 +1.4%$121,862 +2%
    2018$2,023 +3.4%$119,473 +2%
    2017$1,957 $117,131 +2%
    2016$1,957 +1.9%$114,835 +1.5%
    2015$1,921 +3.5%$113,111 +2%
    2014$1,856 $110,896 +0.5%
    2013-- $110,395 +2%
    2012-- $108,231 +2%
    2011-- $106,109 +0.8%
    2010-- $105,316 -0.2%
    2009-- $105,567 +2%
    2008-- $103,498 +2%
    2007-- $101,469 +2%
    2006-- $99,480 +2%
    2005-- $97,530 +2%
    2004-- $95,618 +1.9%
    2003-- $93,866 +2%
    2002-- $92,026 +2%
    2001$1,102 +2.5%$90,222 +2%
    2000$1,074 $88,453
    Find assessor info on the county website

    Neighborhood: Corona del Mar

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Harbor View
    • Middle: Horace Ensign
    • High: Corona Del Mar

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $4,572,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,572,200