2715 Cove
Property Overview
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.
Home Details
- Property type
- Residential - Duplex
- Year built
- 1940
- Living area
- 1,647 sq ft
- Lot size
- 3,485 sq ft
- Parking
- 2 spaces
- Garage
- 2 spaces
- Stories
- 2
- Days on market
- 1
- Full bathrooms
- 4
- MLS status
- Active
- Architectural style
- Bungalow
Features & Amenities
Interior
- Beamed Ceilings
- Balcony
- Block Walls
- Ceiling Fans
- Cathedral Ceilings
- Bedroom On Main Level
- Main Level Primary
- Walk In Closets
Appliances
- Built In Range
- Double Oven
- Dishwasher
- Freezer
- Gas Range
- Microwave
- Refrigerator
Pool
- None
Lot
- Corner Lot
- Walkstreet
Community, Schools & Utilities
Community
- Subdivision
- Corona del Mar South of PCH (CDMS)
- Fireplace
- Yes
- View
- Ocean,Water
Schools
- School district
- Newport Mesa Unified
Utilities
- Heating
- Central
- Cooling
- CentralAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 2715 Cove
Property type: Residential
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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