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Multi-unit income property, corner location, zoned R2 and has a peek-a-boo view of the bay. Building Plans Included, for two modern homes. Or leave and structure as is, with three units, all rented, good income property and great location. Located one block from Begonia Park and within walking distance to the beach. Nestled in Corona del Mar village, south of PCH and adjacent to walking trails/sidewalks. Enter through a dedicated driveway (for only two parcels) and elevated from Bayside Drive. Spacious between neighbors. The structure has three units, each unit has their own address: Two (2516 & 2518) have 2 Bed/2 Bath/1-car garage and 3rd unit 2516 ½ is a studio. The two bedroom units each have A/C, newer appliances, refrigerators, and washer/dryer laundry closets. One unit has newly two remodeled bathrooms and the other has newer hardwood floors. Both have vaulted hardwood ceilings and lots of windows with views. The studio unit includes a storage room, a covered patio and side yard. All tenants are long term. Geological and topography reports completed.
Listing agent: Michelle Ultimo Hall DRE #01031639 michelle@ultimoproperties.com, Listing office: Ultimo Properties, Inc.
MLS data updated 11/1/2026, 4:01:42 AM PT
Source: CRMLS, MLS #: OC21048136
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 14, 2021
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92625 · Nov 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
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