Corona Del Mar living at its finest! Situated on the desirable south side of PCH, this R-2 oversized 40 foot wide lot is a mere block from the Ocean. Nestled on the sunny side of the street, this property features a 2 bedroom and 2 bath single story front unit with ample setback for a garden or creative landscaping. In the back is a 2 story unit separated by a backyard patio and lawn. The back unit features a 2 bedroom 1 bath upstairs, with an additional studio with full bath downstairs. Attached to the back unit are 2 separate garages for parking or storage, in addition to a 2 spot car port. This property is also ideally suited for redevelopment into a single family residence or 2 condos, either scenario providing up to approximately 4,100-sf of living area. This represents an extraordinary opportunity to own a quality investment property or custom-build your new home. 304 Jasmine’s central location is a quick walk to the ocean, walking distance to dining and shopping in CDM Village, and in close proximity to Fashion Island, Newport Beach Country Club & Pelican Hill Resort.