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Sold for $3,100,000
  • Listed by: eXp Realty of California Inc • Kristina Burke • Contact: 888-584-9427
    Bought with: Coldwell Banker Platinum Prop.
    $3,100,000

    406 Jasmine Ave, Corona Del Mar, CA 92625

    5beds
    2,586sqft
    Single Family Residence
    Built in 1950
    3,642 Square Feet Lot
    $4,785,800 Zestimate®
    $1,199/sqft
    $7,759 Estimated rent

    Home value

    $4,785,800

    $4.07M - $5.65M

    $7,759/mo

    Zestimate® history
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    What's special

    MAJOR PRICE REDUCTION!! LOWEST PRICED MULTI FAMILY WEST OF COAST HWY! 2 ON A LOT WITH POTENTIAL FOR 3 UNITS! We have contractor bid to remodel entire property. Welcome to living coastal living in Corona Del Mar! Nestled west of Pacific Coast Highway, this amazing property offers a unique opportunity to own not one, but two residences, (with option for an additional studio), in the heart of Corona Del Mar's "Flower Streets". Perfectly positioned, just a short stroll from the pristine beaches, shops, and restaurants, this is coastal living at its finest. Front Cottage: Step into this peaceful home, and as you enter the front cottage, a spacious 2-bedroom, 2-bathroom home. Rear House: The rear house is currently configured as a spacious 3-bedroom, 2-bathroom layout, however, envision the possibilities as it offers the potential for conversion into a 2-bedroom, 1-bathroom residence upstairs, with an additional studio apartment on the lower level. This flexibility caters to your unique needs, whether you're looking for extra living space, a home office, or an income-generating rental unit. Both units have their own outdoor space. This sought-after address places you within the popular "Flower Streets" within a short walk of the iconic Corona Del Mar beaches, ensuring endless days of sun, sand, and surf. Explore the nearby boutiques, art galleries, and culinary delights that define the charm of this coastal community. Your new home is not just a residence; it's a lifestyle. Don't miss the chance to make this coastal retreat your own. Embrace the tranquility, luxury, convenience and excellent schools that this unique property offers. Schedule a viewing today and experience the allure of coastal living like never before!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristina Burke DRE #01838777 562-355-2430,

    eXp Realty of California Inc,

    Frank Martinez DRE #01310381,

    eXp Realty of California Inc

    Bought with:

    Ghazal Shahbazi, DRE #01487611

    Coldwell Banker Platinum Prop.

    Source: CRMLS,MLS#: PW23214914MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom, Living Room, Other
    Bedroom
    • Features: Bedroom on Main Level
    Heating
    • Central, Forced Air, Fireplace(s)
    Cooling
    • None
    Appliances
    • Included: Gas Range, Refrigerator
    • Laundry: See Remarks
    Features
    • Bedroom on Main Level
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,586 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Faces Rear
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Street
    • Pool features: None
    • Has view: Yes
    • View description: Neighborhood
    • Waterfront features: Ocean Side Of Highway
    Lot
    • Size: 3,642 Square Feet
    • Features: Rectangular Lot, Yard
    Details
    • Parcel number: 45919104
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    • Subdivision: Corona Del Mar South Of Pch (Cdms)
    Location
    • Region: Corona Del Mar

    Financial & listing details

    • Price per square foot: $1,199/sqft
    • Tax assessed value: $3,162,000
    • Annual tax amount: $33,688
    • Date on market: 11/22/2023
    • Cumulative days on market: 268 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/2/2026Listing removed$5,950$2/sqft
    Source: CRMLS #PW26122570 Report a problem
    6/5/2026Listed for rent$5,950+4.4%$2/sqft
    Source: CRMLS #PW26122570 Report a problem
    7/29/2024Listing removed--
    Source: CRMLS #PW24134267 Report a problem
    7/23/2024Listed for rent$5,700$2/sqft
    Source: CRMLS #PW24134267 Report a problem
    7/22/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/1/2024Price change$5,700-2.6%$2/sqft
    Source: Zillow Rentals Report a problem
    6/21/2024Listed for rent$5,850+95%$2/sqft
    Source: Zillow Rentals Report a problem
    4/30/2024Sold$3,100,000-1.6%$1,199/sqft
    Source: CRMLS #PW23214914 Report a problem
    4/26/2024Pending sale$3,149,000$1,218/sqft
    Source: CRMLS #PW23217352 Report a problem
    4/9/2024Contingent$3,149,000$1,218/sqft
    Source: CRMLS #PW23214914 Report a problem
    3/20/2024Price change$3,149,000-4.5%$1,218/sqft
    Source: CRMLS #PW23214914 Report a problem
    2/21/2024Listed for sale$3,298,000$1,275/sqft
    Source: CRMLS #PW23217352 Report a problem
    3/21/2018Listing removed$3,000$1/sqft
    Source: Metro Estates #OC18011494 Report a problem
    2/20/2018Price change$3,000-3.2%$1/sqft
    Source: Metro Estates #OC18011494 Report a problem
    1/17/2018Listed for rent$3,100+5.1%$1/sqft
    Source: Metro Estates #OC18011494 Report a problem
    12/21/2016Listing removed$2,950+1.7%$1/sqft
    Source: Metro Estates #OC16750592 Report a problem
    11/20/2014Listing removed$2,900$1/sqft
    Source: Metro Estates #OC14195525 Report a problem
    11/9/2014Price change$2,900-1.7%$1/sqft
    Source: Metro Estates #OC14195525 Report a problem
    9/30/2014Price change$2,950-1.7%$1/sqft
    Source: Metro Estates #OC14195525 Report a problem
    9/11/2014Listed for rent$3,000$1/sqft
    Source: Metro Estates #OC14195525 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$33,688 -11.6%$3,162,000 -11.4%
    2024$38,104 +1023.7%$3,570,000 +1172.5%
    2023$3,391 +1.9%$280,558 +2%
    2022$3,327 +1.9%$275,057 +2%
    2021$3,265 +1%$269,664 +1%
    2020$3,232 $266,899 +2%
    2019$3,232 +1.9%$261,666 +2%
    2018$3,173 +3.8%$256,536 +2%
    2017$3,058 $251,506 +2%
    2016$3,058 +2.2%$246,575 +1.5%
    2015$2,993 +3.5%$242,872 +2%
    2014$2,891 $238,115 +0.5%
    2013-- $237,039 +2%
    2012-- $232,392 +2%
    2011-- $227,836 +0.8%
    2010-- $226,134 -0.2%
    2009-- $226,673 +2%
    2008-- $222,229 +2%
    2007-- $217,872 +2%
    2006-- $213,600 +2%
    2005-- $209,412 +2%
    2004-- $205,306 +1.9%
    2003-- $201,544 +2%
    2002-- $197,593 +2%
    2001$2,020 +2.6%$193,719 +2%
    2000$1,968 $189,921
    Find assessor info on the county website

    Neighborhood: Corona del Mar

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    $4,785,800
    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
    $4,785,800