
Corona Del Mar, California 92625
This Triplex Residential Income Asset presents a High-Potential Investment Opportunity with a List Price of $2,995,000—positioned well below the $3,605,133 Fair Market Value by 16%. This valuation gap offers $610,133 in Instant Equity. While the property holds a Condition Rating of 4, its panoramic ocean views, exclusive beach access, and proximity to top-rated schools like Harbor View Elementary ensure long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking a premier coastal portfolio addition.
Property is moderate renovation needed.
Built in 1960, the property is significantly dated with popcorn ceilings and older architectural features. While the interior shows some cosmetic updates like laminate flooring, the overall aesthetic, lighting, and visible systems are over 20 years old and require modernization to meet current market standards.
Elementary School: Harbor View Elementary School (9/10). High School: Corona Del Mar High School (9/10).
Residents enjoy rare, private entry to the secluded Shore Cliffs beach, a premier coastal amenity that significantly elevates the property's value and lifestyle appeal.
This triplex configuration in the prestigious Corona Highlands offers a versatile opportunity for consistent rental income or a multi-generational coastal retreat in a high-demand market.
Built in 1960, the property may require significant capital expenditures for modernizing interiors and systems to meet the expectations of luxury-tier tenants.
The reliance on carport parking for three separate units may be insufficient for modern households with multiple vehicles, potentially impacting tenant convenience.
Set within the coveted coastal enclave of Corona Highlands, 4300 Shorecrest presents a rare opportunity to own a well positioned triplex in one of Southern California's most desirable seaside communities. Situated on an approximately 5,924 square foot lot, the property comprises three thoughtfully designed residences, each offering approximately 950 square feet of comfortable living space with two bedrooms and one bath, creating an exceptional investment opportunity or a versatile coastal retreat. Residents enjoy covered carport parking, access to the community pool, and one of Corona Highlands' most treasured privileges, exclusive entry to the secluded Shore Cliffs beach, where golden sands, dramatic bluffs, and the rhythm of the Pacific create an extraordinary extension of everyday living. Perfectly positioned moments from the boutiques and acclaimed dining of Corona del Mar Village, the scenic trails and pristine coastline of Crystal Cove State Park, and the world class shopping and entertainment of Fashion Island, the property offers an effortless blend of coastal tranquility and urban convenience. Whether expanding an investment portfolio or securing a premier address along Orange County's coastline, 4300 Shorecrest embodies the enduring appeal of Southern California's coveted coastal lifestyle.
No exterior & parking available.
Grades PK-6 • 0.9 mi
Grades 7-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,797 | 2,784 |
| Lot Size | 5,924 | 3,537 |
| Price | $3.00M | $4.45M |
| Price per sq ft | $1.1K | $1.8K |
| Built year | 1960 | 1965 |
| HOA | $1080.0 | $0 |
| Days on market | 12 | 144 |
Jul 10, 2026
$2,995,000
Initial Listing
Jun 15, 2001
$740,000
Public Record