2715 Cove , Corona Del Mar, CA 92625
$6,248,000
Est. Payment: $34,080.95/mo
4 Bed
4 Bath
1647 Sqft
0.08 Acres
Status: Active | Days on site: 1
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House Description

Maximize your portfolio with this turnkey investment opportunity located just 30 feet from the sand in Corona del Mar’s highly exclusive China Cove. 2715 Cove Street is a completely renovated, dual-income duplex spanning a highly efficient 1,647 total square feet, offering an unbeatable coastal location paired with exceptional revenue potential. Strategically configured with two distinct 2-bedroom, 2-bathroom units, this property maximizes its footprint to deliver an attractive layout for high-end tenants. A true asset-multiplier for the area, the property boasts an unprecedented seven-vehicle parking capacity—an incredibly rare commodity that slashes vacancy rates, commands premium rental premiums, and accelerates long-term property valuation. Both updated units are optimized for high-yield performance, offering a uniform, low-maintenance design aesthetic with premium finishes that appeal to discerning tenants. The upper-level 2BR/2BA residence features sun-drenched, open-concept interiors and selective ocean views, making it an ideal candidate for a premium long-term lease or a high-rate executive rental. The ground-floor 2BR/2BA residence maximizes its footprint with inviting private outdoor patios, perfectly capturing the indoor-outdoor California lifestyle that renters willingly pay a premium to secure. Whether your strategy focuses on maximizing dual-income rental streams, executing a high-end corporate leasing model, or utilizing a live-in-one, rent-the-other strategy to offset your debt service, this asset delivers immediate cash-flow potential. Capitalize on a rare, completely updated footprint just steps from the beach, upscale shopping, and elite dining in one of Southern California's most resilient and appreciating real estate markets.

Highlights

Listed by Carl Wuestehube , 800-621-4258 Tri-Star Realty , 800-621-4258. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.08

Year Built

1940

County

Orange

Area

CS - Corona Del Mar - Spyglass

Neighborhood

Corona del Mar South of PCH (CDMS)

Listing ID

OC26201207

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
Appliances:Built-In Range, Double Oven, Dishwasher, Freezer, Gas Range, Microwave, Refrigerator
Air Cond:Central Air
Fireplaces:
Floor:Laminate
Other:
  • ▪ Additional:Beamed Ceilings, Balcony, Block Walls, Ceiling Fan(s), Cathedral Ceiling(s)
Water:Public

Exterior Features

Lot:Corner Lot,Walkstreet,No Land Lease
Garage Capacity:2
Roof:Composition
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$34,081
Taxes
$3,983

Home Price

$6,248,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$1,249,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$34,080.95

Principal

Taxes

Principal Taxes HOA Total
Monthly $34,080.95 $3,983.10 $0.00 $38,064.05
Yearly $408,971.39 $47,797.20 $0.00 $456,768.59
Total $12,269,141.79 $1,433,916.00 $0.00 $13,703,057.79

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Corona Del Mar, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-04T21:12:45.000Z

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