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Off market
  • Tax assessed value
    $3,207,114

    308 Marguerite Ave, Corona Del Mar, CA 92625

    5beds
    2,749sqft
    Triplex
    Built in 1955
    -- sqft lot
    $-- Zestimate®
    $1,167/sqft
    $6,502 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $6,502/mo

    Zestimate® history
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    What's special

    HIGHLY PROFITABLE Corona del Mar triplex situated in a premier location of the Village just 1 short block to the beach and nearby local shops and restaurants. For builders: Being set on Marguerite allows for unique setbacks and fascinating views - supplying favored accommodations for a Corona del Mar builder - neighboring properties have provided record sales. For investment property owners: The property rates as a five-star on main stream rental sites and generates a high annual income amount. Rent the property while planning and permitting process is underway. All three units have been upgraded with designer finishes. This is a rare opportunity as very few triplexes exist in the village. The single-story front unit, is equipped with 2 bedrooms; 1 bathroom; fireplace; hardwood floors; and welcomes you with an ocean-view, front patio. The single story middle unit offers 1 bedroom; 1 bathroom; and a spacious side patio. The rear upper unit, boasts 2 bedrooms; 1 bathroom; hardwood floors, open floor plan and peek-a-boo ocean views. The property offers a large laundry room and storage area to the tenants of the triplex, along with a three-car garage. Units rent immediately with multiple applicants and have very low vacancy, if any.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other, Wall
    Cooling
    • Wall
    Appliances
    • Included: Garbage disposal, Microwave, Range / Oven, Refrigerator
    • Laundry: Community
    Features
    • Granite Counters, Open Floorplan, Ceiling Fan(s), Built-in Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    • Fireplace features: Living Room, See Remarks
    • Common walls with other units/homes: 2+ common walls, No one above, No one below
    Interior area
    • Total interior livable area: 2,749 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    Features
    • Levels: Two
    • Exterior features: Brick
    • Has view: Yes
    • View description: Water, City
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 3,541 Square Feet
    • Features: Park Nearby, Walkstreet, Near Public Transit, Patio Home
    Details
    • Parcel number: 05210324
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional, Cottage
    • Property subtype: Triplex
    Condition
    • Updated/Remodeled
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Corona Del Mar

    Financial & listing details

    • Price per square foot: $1,167/sqft
    • Tax assessed value: $3,207,114

    Price history

    DateEventPrice
    3/17/2020Sold$2,875,000-4%$1,046/sqft
    Source: Public Record Report a problem
    2/4/2020Pending sale$2,995,000$1,089/sqft
    Source: Coldwell Banker Realty - Newport Beach #NP20010242 Report a problem
    1/16/2020Listed for sale$2,995,000+10.9%$1,089/sqft
    Source: Coldwell Banker Res. Brokerage #NP20010548 Report a problem
    8/15/2018Sold$2,700,000-3.4%$982/sqft
    Source: Public Record Report a problem
    7/19/2018Pending sale$2,795,000$1,017/sqft
    Source: Coldwell Banker Residential Brokerage - Newport Beach #NP18076603 Report a problem
    6/19/2018Price change$2,795,000-3.5%$1,017/sqft
    Source: Coldwell Banker Residential Brokerage - Newport Beach #NP18076603 Report a problem
    6/4/2018Pending sale$2,895,000$1,053/sqft
    Source: Coldwell Banker Residential Brokerage - Newport Beach #NP18076603 Report a problem
    4/6/2018Listed for sale$2,895,000+1.6%$1,053/sqft
    Source: Coldwell Banker Residential Brokerage - Newport Beach #NP18076603 Report a problem
    4/7/2017Listing removed$2,849,000$1,036/sqft
    Source: HOM Sotheby's International Realty #NP17043898 Report a problem
    3/3/2017Price change$2,849,000+1.9%$1,036/sqft
    Source: HOM Sotheby's International Realty #NP17043898 Report a problem
    2/23/2017Listed for sale$2,795,000+74.8%$1,017/sqft
    Source: American Home Realty #eps-1376108780-1487742931 Report a problem
    2/28/2012Listing removed$1,599,000$582/sqft
    Source: HOM Real Estate Group #U11002672 Report a problem
    9/8/2011Price change$1,599,000-10.9%$582/sqft
    Source: HOM Real Estate Group #U11002672 Report a problem
    6/22/2011Listed for sale$1,795,000+12.2%$653/sqft
    Source: HOM Real Estate Group #U11002672 Report a problem
    5/5/2011Listing removed$1,600,000$582/sqft
    Source: Morgan Skenderian #P762493 Report a problem
    12/12/2010Listed for sale$1,600,000-5.6%$582/sqft
    Source: Morgan Skenderian #P762493 Report a problem
    11/3/2010Listing removed$1,695,000$617/sqft
    Source: NRT California #U10003651 Report a problem
    8/12/2010Listed for sale$1,695,000$617/sqft
    Source: NRT California #U10003651 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $3,207,114 +2%
    2025$33,780 +1.6%$3,144,230 +2%
    2024$33,246 +2.4%$3,082,579 +2%
    2023$32,465 +1.7%$3,022,137 +2%
    2022$31,922 +1.9%$2,962,880 +2%
    2021$31,313 -0.5%$2,904,785 +5.5%
    2020$31,472 +5.8%$2,754,000 +2%
    2019$29,738 +2.1%$2,700,000 +1173%
    2018$29,128 +899.9%$212,096 +2%
    2017$2,913 $207,938 +2%
    2016$2,913 +2%$203,861 +1.5%
    2015$2,855 +3.5%$200,799 +2%
    2014$2,759 $196,866 +0.5%
    2013-- $195,977 +2%
    2012-- $192,135 +2%
    2011-- $188,368 +0.8%
    2010-- $186,961 -0.2%
    2009-- $187,406 +2%
    2008-- $183,732 +2%
    2007-- $180,130 +2%
    2006-- $176,599 +2%
    2005-- $173,137 +2%
    2004-- $169,743 +1.9%
    2003-- $166,632 +2%
    2002-- $163,365 +2%
    2001$1,811 +2.6%$160,162 +2%
    2000$1,766 $157,022
    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: Corona Del Mar
    • High: Corona Del Mar
    • District: Newport Mesa Unified

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