416 Larkspur Avenue, Corona Del Mar

Corona Del Mar Home For Sale

Offering numerous scenarios from multi-family investment, condo conversion, to a complete redevelopment, 416 Larkspur is ideally located in the heart of the Village, maximizing returns for the prospective buyer. The attractive duplex, constructed in 1996, exhibits a strong rental history with the ability to grow in-place rents, or substantially increase proforma rents through a conservative remodel. Given the current configuration of the building, one could endeavor to condo the property as well, offering multiple unit sales or owner and tenant occupancy. A complete redevelopment of the property offers a unique opportunity for maximizing square footage on the R2 lot, given the reduced front yard setback North of PCH. Typical lots in the area have 20-foot setbacks, whereas 416 Larkspur benefits from a 10-foot front yard setback, thereby maximizing the buildable square footage. Experience the finest in Corona del Mar living close to area dining such as Zinc, Bandera, and the Quiet Woman. World famous beaches, Fashion Island, and Newport Center are just moments away.

Property Details

416 Larkspur AvenueSquare Ft: 3,001Lot Size: 0.08Bedrooms: 3Bathrooms: 4Price: $2,185,000Zip: 92625
MLS® #: NP19009135Neighborhood: Corona del Mar North of PCH (CNHW)Levels: TwoGarages: 2School District: Newport Mesa UnifiedDays on Market: 217

Sales Agent

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Additional Information

  • City:
    Corona Del Mar
  • County:
    Orange
  • Zip:
    92625
  • MLS® #:
    NP19009135
  • Bedrooms:
    3
  • Bathrooms:
    4
  • Square Ft:
    3,001
  • Lot Size:
    0.08
  • Neighborhood:
    Corona del Mar North of PCH (CNHW)
  • Levels:
    Two
  • Garages:
    2
  • School District:
    Newport Mesa Unified
  • HOA Dues:
    $0
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Provided By: Mary Golding(01865418), Coldwell Banker Res. Brokerage.

Based on information from California Regional Multiple Listing Service, Inc. as of August 20th, 2019 at 5:48pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.