For sale · Active

602 602.5 Marguerite 2

Corona Del Mar, CA 92625

$4,695,000
Lot size0.0866 acres
Property typeDuplex
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Listing broker / agent: Douglas Elliman Of California · Denine Kerns · 949-689-7078 · CRMLS

MLS # NP26180031 · Last checked Nov 14, 2026 19:55 UTC

About this property

MOTIVATED SELLER!! CHECK OUT THIS DUPLEX AT THIS GREAT PRICE! 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

MLS number
NP26180031
Status
Active
Type
Residential Income
Subtype
Duplex
Lot size
0.0866 acres
County
Orange
Year built
1969
Stories
2
More property detailsExpandCollapse

Listing

Days on market
85

Building

Year built
1969
Year built source
Estimated
Architectural style
Bungalow, Cottage, Craftsman, Custom, Patio Home
Stories
2
Building stories
2
Levels
Two
Entry level
1
Construction
Stucco
Roof
Composition, Tile
Foundation
Slab
Condition
Updated Remodeled, Turnkey

Rooms & interior

Rooms
Bedroom, Entry Foyer, Family Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Other
Appliances
Dishwasher, Exhaust Fan, Electric Oven, Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Range Hood, Water Heater, Dryer, Washer
Interior features
Built In Features, Balcony, Ceiling Fans, Furnished, Granite Counters, In Law Floorplan, Living Room Deck Attached, Multiple Staircases, Open Floorplan, Partially Furnished, Stone Counters, Recessed Lighting, Storage, Unfurnished, All Bedrooms Up, Dressing Area, Primary Suite, Walk In Closets
Flooring
Carpet, Vinyl
Heating
Forced Air
Cooling
None
Fireplace
Free Standing, Gas, Gas Starter, Outside
Laundry
Common Area, In Garage
Accessibility features
Low Pile Carpet, Accessible Doors

Exterior & parking

Total parking spaces
2
Garage spaces
2
Carport spaces
0
Parking
Concrete, Door Single, Garage, Garage Door Opener, No Driveway, Private, Garage Faces Rear, Side By Side
Pool
None
Spa
None
Exterior features
Barbecue, Lighting, Rain Gutters, Fire Pit
Lot features
Two To Five Units Acre, Front Yard, Sprinklers In Front, Level, Near Park, Near Public Transit, Rectangular Lot, Sprinkler System, Street Level, Walkstreet, Yard
Lot size source
Assessor
Fencing
Good Condition, Stone, Wood
Property outlook
City Lights, Neighborhood

Utilities & community

Water
Public
Sewer
Sewer Tap Paid
Utilities
Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community features
Biking, Curbs, Foothills, Golf, Gutters, Hiking, Storm Drains, Street Lights, Suburban, Sidewalks, Water Sports, Fishing, Marina, Park
Association amenities
Maintenance Front Yard

Fees & lease terms

Association
No
Association fee
$0.00
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Harbor View Elementary (school website, opens in a new tab) Newport-Mesa Unified · Corona Del Mar Not reported 0.3 mi
Abraham Lincoln Elementary (school website, opens in a new tab) Newport-Mesa Unified · Corona Del Mar K–6 0.9 mi
Roy O. Andersen Elementary (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach K–6 1.8 mi
Corona del Mar High (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach 7–12 2.5 mi
Newport Coast Elementary (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach Not reported 2.5 mi
Newport Elementary (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach Not reported 2.9 mi
Eastbluff Elementary (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach K–6 3.1 mi
Newport Harbor High (school website, opens in a new tab) Newport-Mesa Unified · Newport Beach 9–12 3.1 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$4,695,000
MLS-reported original asking price
$4,995,000
MLS-reported previous asking price
$4,850,000
MLS-reported last price change
2026-10-27 23:59 UTC
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 28, 2026 07:15$4,695,000
Oct 2, 2026 05:44$4,850,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Corona Del Mar

Active residential homes for sale in Corona Del Mar, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings60Current authorized inventory
Median asking price$6,872,50060 listings with a valid price
Median asking price / sq ft$2,528.8060 listings with confirmed sq ft
Median days on market49.560 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction11
Listings with an increase0

11 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-11-14 20:04 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Loan assumptions and ownership costs

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