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Bill Maddox, DRE#01972575, REALTOR®
(805) 215-0729

2715 Cove, Corona del Mar, CA 92625

$6,248,000
  • 2715 Cove, Corona del Mar, CA 92625 Main Photo

34 Photos

Active
BEDS4 BATHS4 full SQUARE FEET1,647 MLS#OC26201520
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCorona del Mar South of PCH (CDMS) SCHOOLNewport Mesa Unified

Listing Courtesy of: Tri-Star Realty
Agency Phone: 800-621-4258
Associate Name: Carl Wuestehube
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Listing Shown by: Farrell Smyth, Inc.
Associate Name: Bill Maddox, DRE#01972575, REALTOR®


Property Description

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.

2715 Cove | MLS# OC26201520

This multi-family property located at 2715 Cove, Corona del Mar, CA 92625 is currently listed for sale with an asking price of $6,248,000. Cove is located within the Newport Mesa Unified school district. Search Corona Del Mar real estate on billmaddox.farrellsmyth.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 2 car attached
Heating: Central
Home Style: Bungalow
Lot Size: 0.08 Acres
Stories: 2.0
Year Built: 1940

Amenities

Beamed Ceilings
Balcony
Block Walls
Ceiling Fan(s)
Cathedral Ceiling(s)
Bedroom on Main Level
Main Level Primary
Walk-In Closet(s)

Feature Descriptions

Appliances: Built-In Range, Double Oven, Dishwasher, Freezer, Gas Range, Microwave, Refrigerator
Community Features: Water Sports
Days on Site: 48
Fireplace: Family Room
Flooring: Laminate
Laundry: Inside, In Kitchen, Laundry Room
Lot: Corner Lot, Walkstreet
Parcel#: 05204503
Sewer: Public Sewer
Special View Info: Ocean, Water
Units: 2
Water: Public

Local Schools

School District: Newport Mesa Unified

Listed By / Shown By

Listed By

Agency Name: Tri-Star Realty
Agent Name: Carl Wuestehube
Agency Phone: 800-621-4258

agent picture

Shown By

Agent Name: Bill Maddox, DRE#01972575, REALTOR®
Agent Phone: (805) 215-0729
Agency Title: Farrell Smyth, Inc.

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Estimate Your Payment

Estimated Payment

$ 15,727.67 per month $13,905.34 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,822.33 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/02/2026. The listing information on this page last changed on 11/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 11/02/2026 12:00:16 AM EST) or CRMLS (last updated Sun 11/01/2026 11:50:05 PM EST). Real estate listings held by brokerage firms other than Farrell Smyth, Inc. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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