2715 Cove

Corona Del Mar, CA 92625
  • $6,248,000

    Price
  • 4

    Bed
  • 4

    Bath
  • 1,647

    SqFt
  • 0.08

    Acre

About the Listing D702 - SWUESCAR

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.

Listing Highlights for 2715 Cove

Status Active
Days on Site 31
Property Type Residential
MLS ® OC26201520
Year Built 1940
Total Square Footage 1,647
Lot/Acreage 0.08

Interior Details

  • Bedrooms: 4
  • Bathrooms: 4 Full
  • Appliances: Built-In Range, Double Oven, Dishwasher, Freezer, Gas Range, Microwave, Refrigerator
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces: Family Room
  • Floor: Laminate
  • Basement:
  • Other: Beamed Ceilings,Balcony,Block Walls,Ceiling Fan(s),Cathedral Ceiling(s),Bedroom on Main Level,Main Level Primary,Walk-In Closet(s)
  • Water: Public

Exterior Details

  • Lot Description: Corner Lot,Walkstreet,No Land Lease
  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 05204503
  • Tax Year: N/A

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Listing Location

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2715 Cove Corona Del Mar, CA 92625

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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