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Key Details
Sold Price $10,212,500
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Corona Del Mar South Of Pch (Cdm
MLS Listing ID NP22163627
Sold Date 12/22/22
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional
Property Type Res Income 2-4 Units
Property Description
MASSIVE 10% Price Drop!! This Property carries 2 Nightly Rental Permits!! TWO Single Family Homes on One OCEANFRONT Lot in CDM! ****May qualify for a Condo Conversion (Live in One/ Sell the other)*** This property carries a Nightly Rental Tag, which is Grandfathered-In! Capacity up to 10 Guests PER property!! Own a piece of Hollywood history with 3047 Ocean Blvd & 3036 Breakers Dr, Built and Lived-In by the creator of Dennis the Menace and Rocky & Bullwinkle. 3047 Ocean Blvd is a 3 Bedroom, 2 Full Bathroom and has magnificent vaulted ceiling w/ so much character. 3036 Breakers Dr has 3 Bedrooms PLUS an Office, and Elevator, and 2 Full Bathrooms. These homes offer Spectacular Coast to Coast Oceanfront Views from a towering perspective above Sea Level. Each Home carries a Grandfathered-In Nightly Rental Tag, allowing them to take advantage of premium rents using Airbnb & VRBO (an extremely rare designation in this area)! This is an A+ location with tremendous upside potential and a world of possibility.
Location
State CA
County Orange
Zoning Assessor
Direction Larkspur to Ocean Blvd to Breakers Dr (Private Gated Entry down by state beach)
Interior
Fireplace No
Exterior
View Y/N No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Janelle File Compass
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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