Located on one of the most picturesque tree-lined streets south of Pacific Coast Highway that defines the charm of Corona del Mar, this multi-unit investment property is a rare opportunity. The front two bedroom / two bathroom home has been tastefully upgraded and offers vaulted ceilings that generate a sense of volume with an open natural light-filled living area, remodeled bathrooms and kitchen with custom cabinetry, slab countertops, as well as newer windows, interior laundry, recessed lighting, a beautiful fireplace and an inviting private front patio ideal for dining al fresco. The rear home also brings one bedroom / one bathroom on the ground level as well as three bedrooms and two bathrooms on the second level. One of the bedrooms on the upper level is currently being used as an office. The upper area in the rear home also offers an open floor plan with vaulted open-beamed ceilings and wood burning fireplace, spacious bedrooms, and a private patio. With four car garaging and ample storage space, this investment opportunity is ideal for the owner user or one looking for solid and consistent income in one of Corona del Mar's sought after locations. Well located just a short distance from some of the area's finest dining, world-class shopping, the famed Newport Harbor, scenic coves and beaches, this spacious yet charming multi-unit income property is truly a rare offering in the heart of Corona del Mar.