On Site:42 Days
Lot Size:5,658 Sq. Ft.
SIGNIFICANT INVESTMENT PROPERTY! Triplex currently with all 3 units leased and consistent lease history. Completely remodeled in past 6 years with modern designs. Each unit has 2 bedrooms upstairs and each unit has a Sun Deck. Triplex has a laundry room. Prime location in Corona del Mar and just minutes from Little Corona Beach, Fashion Island and The Resort at Pelican Hill. Carports are covered and there's a community pool. Walking distance to the beach and Corona Del Mar Village with restaurants and shops.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:4200 Shorecrest Lane Corona Del Mar, CA 92625
City:Corona del Mar
Subdivision:Corona Del Mar North Of Pch (Cnhw)
Total Units: 3
Unit 1: 1 Unit•2 Beds•1 Bath•Unfurnished•$2,950 actual rent•$2,950 total rent•$3,200 pro forma
Unit 2: 1 Unit•2 Beds•1 Bath•Unfurnished•$2,950 actual rent•$2,950 total rent•$3,200 pro forma
Unit 3: 1 Unit•2 Beds•1 Bath•Unfurnished•$2,950 pro forma
Parking: Attached Carport
Features / Amenities
Laundry: Common Area
Common Walls: 2+ Common Walls
Parking Total: 6
Heating Type: Forced Air
Lot Size: 0.13 Acres / 5,658 Sq. Ft.
Lot Features: Near Public Transit
Lot Number: 5
Sewer: Sewer Paid
Directions:Coast Hwy to Morning Canyon to Shorecrest.
Tax and Financial Info
Land Lease: No
Insurance Expense: 2000.00
Trash Expense: 960.00
Water / Sewer Expense: 480.00
Total Expenses: 25940.00
Gross Annual Income: 104000.00
Association Fee: $900 (paid Quarterly)
Association Amenities: Pool
WALKING AND TRANSPORTATION
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Listing provided courtesy of Patrick Dailey, Realty One Group West.
Based on information from California Regional Multiple Listing Service, Inc. as of April 13, 2021. 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. IDX provided by Sierra Interactive.