About This Home
This 4-bedroom, 4-bathroom multi-family at 2715 Cove in Corona Del Mar, CA is listed for $6,248,000 ($3,794 per sqft). Built in 1940, the home offers 1,647 sqft of living space on a 0.08 acres lot.
Key Features
- Built in 1940
- 0.08 acre lot
- 2 stories
- 2 parking spaces
- Fireplace
Property Details
Amenities
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.
Monthly Cost Estimate
$33,416/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2715 Cove
Corona Del Mar, CA 92625
Corona del Mar South of PCH (CDMS)
Features & Amenities
Interior Features
Property Details
Flooring
Views
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 4-bathroom multi-family at 2715 Cove is listed at $6,248,000 ($3,794/sqft). The estimated monthly payment is $33,415 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1940, 0.08 acre lot, 2 stories, 2 parking spaces, Fireplace. Interior Features: Beamed Ceilings, Balcony, Block Walls.
This property is listed by Carl Wuestehube and can be reached at 7147916026.



