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2614 Ocean Boulevard, Corona Del Mar, California 92625, Corona Del Mar, 92625 - 5 bed, 5 bath

2614 Ocean Boulevard, Corona Del Mar, California 92625 home-pic-0
ACTIVE UNDER CONTRACT$6,999,999
2614 Ocean Boulevard, Corona Del Mar, California 92625
5Beds
5Baths
3,280Sqft
4,024Lot
Year Built
1991
Close
-
List price
$7M
Original List price
$10M
Price/Sqft
$2,134
HOA
-
Days on market
-
Sold On
-
MLS number
OC25026768
Home ConditionFair
Features
Excellent View: Coastline
Deck
ViewCoastline

About this home

We found 3 Cons,6 Pros. Rank: price - $7.00M(92th), sqft - 3280(83th), beds - 5(67th), baths - 5(83th).

MASSIVE PRICE REDUCTION!!! Wake up to the sound of the ocean, watch the sunsets paint Catalina in gold, and let your property work for you - because with this opportunity, you get it ALL! Rarely do duplexes open up on CDM's Ocean Blvd. Rarer still are ones with views like this and just moments away from Corona del Mar’s village shops, restaurants, Fashion Island, Lido Marina Village, and award-winning schools. Built in the early 90's, this two story duplex boasts a 2 bedroom ground-floor unit and a 3 bedroom 2nd floor unit with a rooftop deck. Two car garage plus covered tandem parking for two more cars PLUS street front parking means you and your guests are never far from the breathtaking views of the Jetty, China Cove and the spectacular Catalina Island sunsets you'll be toasting from your deck or patio. Best of all, this duplex has two separate APN's (meaning that you could remodel one or both & sell them off separately) or rebuild a large front home and a small back studio. Fix & Flip, remodel, rebuild, renovate or just rent - all are great choices for this phenomenal CDM duplex opportunity! See supplements for floor plans.

Nearby schools

9/10
Harbor View Elementary School
Public,•PK-6•0.6mi
7/10
Abraham Lincoln Elementary School
Public,•K-6•1.3mi
9/10
Roy O. Andersen Elementary School
Public,•K-6•2.0mi
9/10
Newport Coast Elementary School
Public,•PK-6•3.1mi
9/10
Corona Del Mar High School
Public,•7-12•2.6mi

Price History

Date
Event
Price
10/21/25
Price Change
$6,999,999-6.6%
08/31/25
Price Change
$7,495,000
02/05/25
Listing
$9,999,990
Condition Rating
Fair
Built in 1991, this property is functional but shows significant signs of being outdated. The kitchen features older white appliances, dated white cabinetry, and worn countertops. Bathrooms also exhibit 90s-era tile, fixtures, and vanity styles. While the structure appears sound, the interior finishes, particularly in the kitchen and bathrooms, require substantial renovation to meet current market expectations and modern standards, as also suggested by the listing description itself ('Fix & Flip, remodel, rebuild, renovate').
Pros & Cons

Pros

Great Schools: Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Unparalleled Oceanfront Location & Views: Situated directly on Ocean Boulevard in Corona del Mar, the property offers breathtaking, unobstructed views of the Jetty, China Cove, and spectacular Catalina Island sunsets, providing a premium coastal living experience.
High-Value Duplex with Income Potential: This rare duplex configuration features a 2-bedroom ground-floor unit and a 3-bedroom second-floor unit with a rooftop deck, offering significant rental income potential or flexible multi-generational living options in a highly desirable area.
Exceptional Development & Investment Flexibility: With two separate APNs, the property provides unique investment opportunities, allowing for individual remodeling and sale of units, rebuilding a larger front home with a back studio, or various 'Fix & Flip, remodel, rebuild, renovate' strategies.
Substantial Price Reduction: A 'MASSIVE PRICE REDUCTION' from the original list price to $6,999,999 presents a more attractive entry point for investors and developers looking to capitalize on the property's inherent value and potential.
Proximity to Upscale Amenities & Top Schools: The property is moments away from Corona del Mar’s village shops, fine restaurants, Fashion Island, Lido Marina Village, and is zoned for award-winning schools, enhancing its lifestyle appeal and long-term value.

Cons

Significant Renovation/Rebuild Required: The listing explicitly suggests 'Fix & Flip, remodel, rebuild, renovate,' indicating that substantial additional investment will be necessary to modernize the property and maximize its luxury potential and market value.
Dated Construction (1991): Built in the early 1990s, the property's current condition and design may not align with contemporary luxury standards, finishes, or energy efficiencies, necessitating extensive updates to meet buyer expectations in this high-end market.
High Entry Price Point: Despite a significant price reduction, the $6.99 million asking price represents a substantial capital outlay, potentially limiting the pool of prospective buyers, especially when considering the additional costs for necessary renovations or redevelopment.

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