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 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.