322 Marguerite Ave, Corona Del Mar, CA 92625

Studio, 3,634 sqft
For Sale
$2,295,000
Zestimate®: $1,959,907

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CREATIVE FINANCING AVAILABLE...One block from the beach. This turnkey property is Currently a legal triplex, however the property can be easily converted into 3 condominium units and sold separately because almost the entire condominium conversion process has been completed. All physical improvements have been completed and the city and county have signed off. All that is left to do, in order to complete the conversion, is to record two documents that the seller will provide. Completely remodeled. All new plumbing. New roof. New doors, windows and electrical. Washer & dryer in each unit. Upgraded with air conditioning and fire sprinklers in all units. All three units have modern two level floor plans with vaulted ceilings on the upper level. In the heart of the Corona del Mar village. Walk to everything you need. One block from Big Corona beach.  MoreLess
Facts
  • Lot: 3,484 sqft
  • Multi Family
  • Built in 1969
  • 243 days on Zillow
  • Last sold: Jun 2004 for $1,425,000
  • Price/sqft: $632
  • MLS #: OC13236276
Construction
  • Unit count: 3
Other
  • Floor size: 3,634 sqft
  • Parcel #: 05210328
  • Zillow Home ID: 25139416
Home Values
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$1,959,907
-$125,289 Last 30 daysd
$1.86M
$2.06M
Zestimate range
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The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$3,841/mo
+$113 Last 30 daysd
$2.0K
$7.7K
Zestimate range
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Neighborhood for 322 Marguerite Avenue

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Zillow predicts 92625 home values will rise 1.9% next year, compared to a 8.2% rise for Orange as a whole. Among 92625 homes, this home is 34.9% more expensive than the midpoint (median) home, but is priced 25.9% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 92625, the number of foreclosures waiting to be sold is 1265.4% higher than in Orange, and 361% higher than the national average. This higher local number may prevent 92625 home values from rising as quickly as other regions in Orange.

Learn more about forecast calculations or 92625 home values.
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