For SaleNeutral Deal156 days on market
2516 Ocean Blvd
2516 Ocean Blvd, Corona Del Mar, CA 92625, Corona Del Mar, CA 92625
$22,500,000
Estimate®:$21,080,400
Listing Price
2516 Ocean Blvd, Corona Del Mar, CA 92625
Loc: Corona Del Mar, CA
Days Listed
156
Tax Assessed
$7507k
Estimate®
$21080k
Market Rate
Lot Size
3,485 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Harbor View Elementary School
K-6
0.6 mi away
8
Corona Del Mar High School
7-12
2.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
modern architecturecontemporaryluxuryindoor-outdoor livingbalconyfloor-to-ceiling glasswood panelingfire pitpatiolandscaped gardencoastalmulti-levelopen floor plan
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.54%
Total ROI
101.0%
Cash Flow
$5,911/mo
DSCR
1.05
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $5,911/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.5%)
- • Strong rental demand in Corona Del Mar
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-04-22 | Listed for sale | $22,500,000 | $4,500 |
| 2023-05-02 | Sold | $5,550,000 | $1,110 |
| 2023-04-17 | Pending sale | $5,895,000 | $1,179 |
| 2022-12-08 | Price change | $5,895,000 | $1,179 |
| 2022-11-03 | Price change | $6,450,000 | $1,290 |
| 2022-09-23 | Price change | $6,900,000 | $1,380 |
| 2022-07-22 | Price change | $8,250,000 | $1,650 |
| 2022-06-07 | Listed for sale | $9,500,000 | $1,900 |
| 2021-10-22 | Sold | $4,600,000 | $920 |
| 2021-09-28 | Pending sale | $4,990,000 | $998 |
| 2021-09-14 | Contingent | $4,990,000 | $998 |
| 2021-09-03 | Listed for sale | $4,990,000 | $998 |
| 2021-08-16 | Contingent | $5,250,000 | $1,050 |
| 2021-07-29 | Listed for sale | $5,250,000 | $1,050 |
| 2020-03-09 | Listing removed | $5,000 | $1 |
| 2020-03-02 | Price change | $5,000 | $1 |
| 2019-11-19 | Price change | $5,900 | $1 |
| 2019-10-31 | Listed for rent | $6,500 | $1 |
| 2012-02-16 | Listing removed | $4,700 | $1 |
| 2011-11-22 | Price change | $4,700 | $1 |
| 2011-11-08 | Price change | $4,995 | $1 |
| 2011-10-25 | Price change | $5,400 | $1 |
| 2011-10-16 | Listed for rent | $5,800 | $1 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $7,506,941 |
| 2025 | $66,746 | $6,291,426 |
| 2024 | $59,302 | $5,559,942 |
| 2023 | $59,503.24 | $3,993,000 |
| 2022 | $62,821.13 | $4,600,000 |
| 2021 | $2,278.22 | $168,877 |
| 2020 | $2,255.6 | $167,146 |
| 2019 | $2,255.6 | $163,869 |
| 2018 | $2,218.6 | $160,656 |
| 2017 | $2,141.9 | $157,506 |
| 2016 | $2,141.9 | $154,418 |
| 2015 | $2,098.74 | $152,099 |
| 2014 | $2,028.68 | $149,120 |
| 2013 | $0 | $148,447 |
| 2012 | $0 | $145,537 |
| 2011 | $0 | $142,684 |
| 2010 | $0 | $141,618 |
| 2009 | $0 | $141,956 |
| 2008 | $0 | $139,173 |
| 2007 | $0 | $136,445 |
| 2006 | $0 | $133,770 |
| 2005 | $0 | $131,148 |
| 2004 | $0 | $128,577 |
| 2003 | $0 | $126,221 |
| 2002 | $0 | $123,747 |
| 2001 | $1,356.44 | $121,321 |
| 2000 | $1,322.6 | $118,943 |
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