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  • Key Facts
  • Description
  • Rooms
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Key Facts

Type Single Family Residence
Levels Residential
Size 2550 sqft
Garage Yes
Taxes 
Days Active 62
Lot Size 
Approx. Age 1972
Avg. Price Per Sqft $1,958
MLS® Number OC25079508

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Rare Coastal Investment & Dream Build Opportunity in Corona del Mar Perched above Bayside Drive with harbor and ocean views, this rare multi-unit income property offers endless possibilities in one of Coastal Orange County’s most coveted zip codes. Zoned R2 and featuring three well-maintained units, this unique lot also comes with plans set for approval by renowned architect Chris Brandon, showcasing a future architectural masterpiece — a modern coastal home with floor-to-ceiling glass, open-concept design, and a stunning rooftop deck with covered outdoor living space to soak in harbor views.Currently configured as a charming mid-century modern triplex, each unit boasts its own address:2516 & 2518 feature 2 beds, 2 baths, 1-car garages, vaulted wood-beamed ceilings, A/C, in-unit laundry, updated appliances, and expansive windows to capture the harbor views.2516 ½ is a private studio with a covered patio, side yard, and dedicated storage — ideal for guests, rental income, or a private workspace.The property sits on a special entitlement lot — spaciously set back via a private drive , offering privacy, abundant parking, and a park-like atmosphere. Located just one block from picturesque Begonia Park, walking distance to the beach and famed ocean blvd , the village, Newport Harbor, Fashion Island, walking trails, and the world-class shopping and dining of Corona del Mar and Newport Beach.Whether you're an investor seeking a premium long-term asset, a buyer looking to downsize and rent additional units, or a visionary ready to build a landmark coastal residence, this is your opportunity to own an irreplaceable piece of CDM real estate. Opportunities like this rarely come to market / Proforma on existing available.Show Description
MLS® NumberOC25079508
Laundry LevelElectric Dryer Hookup, Gas Dryer Hookup, Inside, Stacked
Central VacNo
FireplaceNo
Acreage0.0813
Exterior
GarageYes
Approx. Age1972
Basement
DrivewayConcrete, Door Multi, Driveway, Driveway Up Slope From Street, Garage Faces Front, Garage, Guest, Paved, Public, Private, On Street
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel

Extras

NEGOTIABLE

Rooms

Show Details
Bedroom 1:Not available
Other:Not available
Kitchen:Not available

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