3036 Breakers Drive, Corona Del Mar, CA 92625

$10,212,500
Sold Price
$10,212,500
List Price
$15,000,000
Closing Date
Dec 22, 2022
MLS#
NP22163627
Status
SOLD
Type
Multifamily

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.

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Calculator source: Real Geeks

Courtesy of Times Real Estate CA, George Hanold. Selling Office: Compass.