For Sale
602.5 Marguerite #2
Corona del Mar, CA 92625
$4,695,000
Open House
- Sat, Nov 14 · 12:00 PM to 3:00 PM · NEW IMPROVED PRICE!! MOTIVATED SELLER!!! Come see the front house of this great duplex, the back is leased out & the front house comes furnished!! Don't miss this great opportunity!
Listed by Denine Kerns, Douglas Elliman Of California, Listing Broker
Listing broker contact: 949-689-7078
Advertised by Kyle Shutts, Arbor Real Estate (Advertising Broker), DRE# 02060736
About This Property
CHECK OUT THIS DUPLEX AT THIS GREAT PRICE! MOTIVATED SELLER! Located in the heart of Corona Del Mar Village, just north of Pacific Coast Highway, this fabulous duplex is a great opportunity to own income property in CDM. Both front & back units are approx 1516 sq. ft. each, with 3 bedrooms and 2.5 baths, open floor plans, newer luxury vinyl flooring throughout, stone counters in the kitchens, gas cooktops w/ovens below, stainless steel dishwashers & refrigerators, 2 sets of laundry facilities in the garage, that has new epoxy flooring. There are spacious walk-in closets in the primary suites, lots of storage cabinets for linens, and mirrored closet doors in the all secondary bedrooms. The front home is fully furnished for short term rentals at premium prices. The back home is on a long-term lease that continues through May 2027 at $6400.00 per month. The exterior of the property just underwent a major facelift with a whole new expanded front patio with sliding glass doors, leading out from the front home. There's a new firepit, BBQ, seating area for additional outdoor entertaining space, new drought tolerant landscaping and front yard fencing that adds charm to the property. Each home has its own mailbox and separate entries. The back home has newer sliding glass doors leading out to a newly extended private patio for their space too. This duplex is just minutes from Corona del Mar's world famous beaches, a local park, the areas top restaurants, boutiques, shopping at Fashion Island, Laguna Beach & John Wayne Airport. Schools are top notch in the Newport Mesa school district and one is just a few blocks away. The Oasis Senior Center is just 2 blocks from the property, offering a gym, various classes & all kinds of other social events for the senior community of 55 yrs & older.
Property Details
Price History
| Date | Event | Price |
|---|---|---|
| Oct 27, 2026 | Price reduced | $4,695,000−3.2% |
| – | Price change | $4,850,000−2.9% |
| Aug 29, 2026 | Listed for sale | $4,995,000 |
From this listing and earlier sales of the home recorded in CRMLS. Not a complete public-records history.
Location
Inquiries submitted through this site are answered by Kyle Shutts of Arbor Real Estate, the advertising broker, not the listing agent. Listing data provided by CRMLS. Information is deemed reliable but not guaranteed and should be independently verified. Square footage, lot size, and other details are approximate. This listing is subject to prior sale, change, or withdrawal without notice. Last updated .
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Kyle Shutts
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Whether you’re buying your first home, upgrading, or selling a high-value property, my goal is simple: to protect your interests, maximize your outcome, and make the experience as smooth and stress-free as possible.
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