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Two-Residence Multifamily Property

520 Marigold Avenue, Newport Beach, CA 92625

For Sale
$3,895,000

A corner property in Corona del Mar combines two homes with different layouts and bedroom counts.

Property Size2,320 SF
Price / SF$1,678
Days on Market33

Property Features for 520 Marigold Avenue

General Information

Standard status Active
Size 2,320 SF
Total Parking Spaces 2
Property subtype Residential Income
Zoning R-2

Units

Unit Mix 1 x 2BR/1BA, 1 x 4BR/2BA
Multifamily Units 2

Building Details

Building Size 2,320 SF
Year Built 1958
Buildings 2
Stories 1
Units 2
Listing Agency: Sotheby's International Realty
Listed By: Alexandra Pfeifer · License #01743378
Source: Homequestadvantageproperties
Added: Oct 7 Changed: Nov 7 Last Checked: Nov 8 at 12:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sotheby's International Realty

Rey
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Investment Insights

Based on property information with market context.

This Corona del Mar property has two residences: a front single-story home with 2 bedrooms and 1 bathroom, and a rear two-story home with 4 bedrooms and 2 bathrooms. The front residence is approximately 800 square feet; the rear residence is approximately 1,500 square feet. The property was built in 1958 and occupies a corner location on Marigold Avenue.

The Flower Streets setting places the property moments from beaches, boutiques, dining, and Fashion Island. The two-home configuration provides distinct living spaces on one property.

Key Highlights

  • Two residences on a corner property in Corona del Mar
  • Front home: approximately 800 square feet, 2 bedrooms, 1 bathroom
  • Rear home: approximately 1,500 square feet, two stories, 4 bedrooms, 2 bathrooms

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby

Demographics for 92625, CA

12,017
Population
6,802
Households
1.8
Avg Household Size
54
Median Age
73%
College-Educated
99%
High-School Grad
2.6 sq mi
ZIP Area
4,622
Density / Sq Mi
$197,628
Median Household Income
$114,295
Median Earnings
$3,501
Median Rent
$2,000,001
Median Home Value
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Market

Average Price Trend$/SF for Multifamily properties in Newport Beach, CA

$1,196 Jul
$953 Aug
$1,091 Sep
$1,292 Oct

Properties on Market for Multifamily properties in Newport Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - A corner property in Corona del Mar combines two homes with different layouts and bedroom counts.
Where is this multifamily property located?
The property is located at 520 Marigold Avenue Newport Beach, CA.
What is the asking price?
The asking price for this property is $3,895,000.
What are key features of this property?
This property features: Two residences on a corner property in Corona del Mar; Front home: approximately 800 square feet, 2 bedrooms, 1 bathroom; Rear home: approximately 1,500 square feet, two stories, 4 bedrooms, 2 bathrooms
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