Trust Real Estate Agent in Corona del Mar, CA
Paula Aragone represents successor trustees selling Corona del Mar property held in a revocable trust, from the Certification of Trust title will ask for to the informal duplex arrangement in the Village that nobody ever put in writing.
A Corona del Mar trust sale is a sale by the successor trustee of a revocable trust holding property inside a district of the City of Newport Beach, not a separate city. No court confirms it, because Probate Code 17209 keeps trust administration free of judicial intervention. What is specific here is the ground itself. George Hart filed the first subdivision on 4 September 1904 with 2,300 parcels of thirty by 120 feet, and many of those parcels now carry two units with no association behind them.
| Jurisdiction | A district of Newport Beach, ZIP 92625, not a city |
|---|---|
| The original lot | 30 by 120 feet, first filed 4 September 1904 |
| Floor area limit | 1.5 times buildable lot area, against 2.0 elsewhere |
| Court confirmation | None. Probate Code 17209 governs the sale. |
| Notice to heirs | Probate Code 16061.7, within 60 days of death |
| The Village catch | Two units on one lot, frequently with no association |
A 1904 Grid That Still Decides What Can Be Sold in 2026
Hart platted the lots, Cornell renamed the streets after flowers, and Newport Beach annexed the whole thing in February 1924. Everything a trustee runs into in the Village traces back to those three events.
The first subdivision, filed 4 September 1904 on 700 acres bought from the Irvine Ranch, laid out 2,300 parcels at thirty by 120 feet. When F. D. Cornell took over in 1916 the numbered streets running north to south were renamed alphabetically for flowers, Acacia through Poppy. That grid is why the Village builds the way it does today, with homes to the property line, almost no side yard, and neighbours far closer than a buyer touring on a quiet Wednesday expects.
Lot sizes vary in practice, some near 2,700 square feet and some near 3,500, and a large share of Village parcels carry two units on one lot. Those pairs are frequently held without a formal association, without a management company and without a reserve account, with shared insurance and maintenance coordinated directly between the two owners. For a trustee that is a title and disclosure item on every duplex sale, and it is almost never documented anywhere the estate can find it.
The envelope rule compounds it. Floor area in Corona del Mar is limited to 1.5 times buildable lot area, against 2.0 in general R-1 areas of the city. Height is capped at twenty four feet flat and twenty nine feet sloped, homes under 4,000 square feet need a two car garage and larger homes need three off street spaces, and at least fifteen percent of buildable area must stay open volume below twenty four feet. An unpermitted addition here is more likely to have pushed a property over the limit than almost anywhere else in the city.
There are three distinct layers of stock and they behave differently. The 1904 to 1940s Village cottages and bungalows, most since replaced or heavily rebuilt and many as duplexes. The late 1950s and 1960s bluff subdivisions, Cameo Shores, Cameo Highlands, Irvine Terrace and Corona Highlands, largely single storey midcentury homes on larger view lots. Then the 1970s hillside tracts, Spyglass Hill and Harbor View Hills, and the later gated communities at Jasmine Creek, Sea Island and Spyglass Ridge.
Each layer brings its own inspection list. Village stock brings cast iron and galvanised lines, knob and tube remnants in anything untouched since the 1940s, asbestos era flooring and pipe wrap, salt corrosion, and the shared party wall and shared roof questions that follow two units on one lot with no association to arbitrate them. The 1950s and 1960s bluff stock brings Federal Pacific and Zinsco panels, aluminium branch wiring in the later builds, single pane aluminium windows and original galvanised supply on slab over marine terrace deposits.
The 1970s hillside tracts sit at the front of the polybutylene window and add cast iron drains and slope stability documentation to the list. Above all of it sits geology: the city's General Plan EIR names Corona del Mar for coastal bluff erosion and the San Joaquin Hills for elevated landslide risk from steep terrain and weathered bedrock. On Ocean Boulevard and along the Buck Gully edge that is not a footnote, it is the report the buyer asks for first.
How a Trust Property Sale Works in Corona del Mar
The legal sequence is set by California law. What changes here is the middle of it, because a Village parcel raises questions about the lot and the second unit that a hillside tract never raises at all.
Establish the trustee's authority, and whether it is shared
Read the trust and every amendment to see who succeeds, whether co trustees must act jointly, and whether a written acceptance is required. Where the family split a Village duplex between two children in the same instrument, establish early whether the trustee can convey the whole parcel or only the interest the trust actually holds. Title will find that distinction whether or not the family raises it.
Notify every beneficiary and every heir within sixty days
Within sixty days of the trust becoming irrevocable, serve every beneficiary and every heir of the deceased settlor, including an heir the trust disinherits. The notice carries the statutory warning in ten point boldface and starts the 120 day contest period. Until it is served that period has not begun, and an open contest window is the reason a title officer slows an otherwise ordinary escrow.
Record the death of trustee against the parcel
Recorded against the parcel with the Orange County Clerk Recorder, main office at 601 N. Ross Street in Santa Ana or the South County branch at 24031 El Toro Road in Laguna Hills, with a certified death certificate. Recording it before listing means the succession is already in the chain of title when the buyer's title officer opens the file.
Confirm what the trust actually holds on that lot
If title stands in the settlor's individual name the trustee cannot convey. Where written intent exists, the route is a Probate Code 850 petition, the Heggstad petition named for Estate of Heggstad (1993) 16 Cal.App.4th 943. On a Village parcel carrying two units, check whether both units, or only one, ever reached the trust. That is the single most expensive thing to discover in escrow here.
Pull the permit history against the 1.5 floor area limit
Corona del Mar limits floor area to 1.5 times buildable lot area, against 2.0 elsewhere in R-1. On a lot originally platted at thirty by 120 feet, an addition a parent made in 1988 may have pushed the property past the limit. The Residential Building Records report, voluntary since 28 November 2023, pairs permit history with a zoning check and settles it before a buyer's contractor raises it.
Document the informal arrangement between the two units
Many Village parcels carry two units held without a formal association, management company or reserve account, with insurance and maintenance coordinated directly between owners. That arrangement usually lives in a conversation, not a document. Reduce it to writing before listing: who insures what, who has maintained the roof and the party wall, and what has actually been paid over the years.
Order the bluff and slope documentation where the parcel needs it
The city's General Plan EIR names Corona del Mar specifically for coastal bluff erosion susceptibility and for elevated landslide risk in the San Joaquin Hills. On Ocean Boulevard, Breakers Drive, Shore Cliffs, Cameo Shores and the Buck Gully edge, a buyer will ask for geotechnical or slope stability work. An estate that has none should know that before an offer arrives, not after.
Value it inside its own layer, then market it openly
The trustee owes impartiality under Probate Code 16003 and a duty to keep beneficiaries reasonably informed under 16060. A Village duplex on the 1904 grid, an Irvine Terrace single storey original and a Spyglass Hill estate lot are three separate products. A quiet sale to a relative transacts against the duty of loyalty in Probate Code 16002. Broad exposure is the trustee's own defence.
Close, account and distribute
Escrow disburses to the trust, not to the beneficiaries individually, and the documentary transfer tax runs at 55 cents for each 500 dollars of net consideration over 100 dollars, with no additional city transfer tax currently imposed by any Orange County city. The trustee then accounts. Where a child wants to keep the property instead, the questions in the next section have to be settled first.
From the Flower Streets to the Bluff Subdivisions
The layer a property sits in decides the lot, the envelope, the second unit question and whether a geotechnical report is coming. These are the ones that come up most often in trust files.
The Village, the Flower Streets
The original Hart and Cornell grid between Pacific Coast Highway and Ocean Boulevard, Acacia to Poppy. Many parcels carry two units held without an association, which is the recurring transactional problem in a trust sale here.
Ocean Boulevard
The bluff front street above Big Corona and Little Corona. Highest exposure and the tightest coastal review, and the parcels where a slope stability report is a buyer expectation rather than a request.
Breakers Drive
A beach level lane below Ocean Boulevard with direct sand frontage. Access, bluff condition and any history of protective work are the first items an estate should be able to document.
China Cove
A small bayfront pocket at the harbour entrance near Corona del Mar State Beach, with steep access and sunset views. Access and grade make ordinary listing logistics, including inspections, slower than they look.
Shore Cliffs
Roughly 145 to 146 home sites with mature landscaping and private beach access. Bluff proximity puts it in the group where the General Plan EIR erosion findings become a live disclosure item.
Cameo Shores
A custom home subdivision developed in the late 1950s and early 1960s at the base of the bluff, with large view lots and direct private beach access. Original ownership from that era makes it a common trust file.
Cameo Highlands
The same era as Cameo Shores but on top of the bluff, smaller and less waterfront oriented. Expect the full 1950s and 1960s electrical and plumbing list on anything untouched.
Corona Highlands
Hillside with canyon influence, running from midcentury originals through newer custom construction. Slope documentation and the 2025 fire zone adoption both belong in the disclosure package.
Irvine Terrace
A planned neighbourhood begun in the 1950s on the bluffs above Newport Harbor, larger lots, wider streets and many original single storey midcentury homes, buffered from the highway. A classic long held family property.
Harbor View Hills, South and North
Traditional tracts with selected panoramic views, larger lots and wider streets. Views vary lot by lot, which is exactly why a valuation has to be built street by street rather than tract wide.
Spyglass Hill
Estate scale lots with many original homes built in the 1970s, quiet and private. That build era puts polybutylene supply lines and cast iron drains on the inspection list before anything else.
Spyglass Ridge
A separate gated enclave adjacent to Spyglass Hill, with its own governing documents. Do not assume the two share an association, a budget or a reserve study, because they do not.
Jasmine Creek
A gated association community on the inland side and a distinct product type from the Village. The resale document package, not the lot, is what sets the front end of the timeline here.
Sea Island
A gated community of attached and detached homes near Big Canyon on the Corona del Mar side of MacArthur. Association documents and any sub association structure should be ordered at listing.
Six Things That Stall a Corona del Mar Trust File
Corona del Mar, California
Most of them come from decisions made on this land in 1904 and never revisited, and one of them from a conversation between two neighbours that nobody wrote down.
Two units, one lot, and no association to ask
In the Village this is the recurring problem. Two units sit on a single parcel with no formal association, no management company and no reserve account, and the insurance and maintenance arrangement lives entirely in an understanding between the two owners.
When one of those owners dies, the understanding dies with them. A trustee who cannot say who insures the structure, who has been paying for the roof and who maintains the party wall is asking a buyer to accept an unpriced risk. Get it documented before listing, not during the buyer's inquiry period.
Only one half of the duplex ever reached the trust
It is a specific version of a general problem. The settlor signed the trust, listed the Corona del Mar property, and either never signed a deed or signed one covering an interest that no longer matches how title reads.
Where the written intent exists, a Probate Code 850 petition, the Heggstad petition, confirms the property into the trust. Where it does not, that portion goes through probate, which means two different procedures running against one parcel and one escrow.
The 1988 addition pushed the property past 1.5
Corona del Mar caps floor area at 1.5 times buildable lot area, against 2.0 elsewhere in R-1, and at least fifteen percent of buildable area must remain open volume below twenty four feet. On lots originally platted at thirty by 120 feet that ceiling is reached easily.
A trustee who never lived in the house cannot say what was permitted. The Residential Building Records report, voluntary since 28 November 2023, pairs the permit history with a zoning check and, if authorised, a code inspection. It is far cheaper than a renegotiation after a buyer's architect finds the same thing.
The bluff report the estate does not have
The city's General Plan EIR names Corona del Mar for coastal bluff erosion susceptibility and the San Joaquin Hills for elevated landslide risk from steep terrain and weathered bedrock. Ocean Boulevard, Breakers Drive, Shore Cliffs, Cameo Shores and the Buck Gully edge are where a buyer asks.
There is a second layer. Those parcels sit inside the coastal appeal band running within 300 feet of a coastal bluff top or bluff face, which puts a city coastal development permit within the Coastal Commission's reach on a ten working day appeal window. That is a buyer's remodel timeline question, and it belongs in the conversation early.
A Village parcel cannot obtain a new lodging permit
No new short term lodging permit has been issued for R-1 single family property in the city since 1 June 2004, which covers most of the Village's single family parcels. An estate that assumed rental income was available is working from a premise the code removed twenty years ago.
Where a legacy permit does exist, Chapter 5.95 preserves it only if a transfer application is filed within sixty days of title transfer to a bona fide purchaser for value. Find out which situation applies before the property is marketed on the strength of it.
Buck Gully and Morning Canyon picked up a zone in 2025
The City Council adopted the updated CAL FIRE maps on 8 July 2025, and for the first time the local responsibility area maps carry Moderate and High classifications as well as Very High. The canyon edges at Buck Gully and Morning Canyon are the Corona del Mar parcels most likely to have moved.
A High or Very High designation brings AB 38 defensible space documentation under Civil Code 1102.19 and a Natural Hazard Disclosure finding that was not there on the last sale. Newport Beach runs its own fire department, so that documentation comes through the city rather than the Orange County Fire Authority.
Sell the Corona del Mar Property, or Let a Child Move In
Two rules point in opposite directions, and on a Village parcel with two units the answer is not even the same for the whole property.
Why the basis reset argues for a sale
Basis resets to fair market value at the date of death under IRC section 1014, so the appreciation on a lot the family has held since the 1950s or 1960s disappears for income tax purposes. Gain is measured only from the date of death forward, which is why a sale soon after death often produces close to no gain and sometimes a small loss after costs.
Where the property was held as community property by a married couple, IRC 1014(b)(6) steps up both halves at the first death rather than only the decedent's half. In Cameo Shores or Irvine Terrace, where original purchasers from the late 1950s are exactly the families now settling trusts, that is the whole arithmetic.
Holding period is not a trap. Under IRC 1223(9), property taking its basis from section 1014 and sold within a year of death is treated as long term regardless of the actual holding period, so a fast sale is not punished with a short term rate.
The protection is a qualified date of death appraisal, and on a two unit Village parcel it has to value what is actually there, including the rented unit and the condition of the shared elements. Without a documented appraisal the value can be argued down later and gain appears where there was none.
Keeping it is what Proposition 19 rewards, on narrow terms
For transfers on or after 16 February 2021 the parent to child exclusion applies only to a family home that was the transferor's principal residence and becomes the transferee's principal residence. Proposition 19 eliminated the former exclusion for other real property, so a Village unit the parents rented out is not covered by the same reasoning as the unit they lived in.
That distinction matters here more than in most of Orange County, because so many Corona del Mar parcels carry two units. Do not assume a whole parcel qualifies because the parents lived on part of it. Ask the Orange County Assessor how they treat the specific parcel before anyone relies on a figure.
The deadlines are unforgiving. The child must claim the homeowners' exemption within one year of the transfer or the date of death, and file form BOE-19-P within three years or before any transfer to a third party, whichever comes first. The cap is the parent's factored base year value plus an adjusted amount, currently 1,044,586 dollars for transfers between 16 February 2025 and 15 February 2027. Above that sum the new taxable value is market value minus the adjusted amount.
The counterweight: a child who moves in only to hold the tax base and sells at month twenty gets neither the section 121 exclusion, which needs twenty four months of ownership and use out of the five years before sale, nor the clean sale the basis rule offered at the start. In a Village duplex the same child also inherits the undocumented arrangement with the neighbour. Decide before anyone moves, not after.
A Trustee Is Personally Exposed. The Listing Should Reduce That, Not Add To It.
Paula Aragone has worked Orange County transactions for 23 years, across 900+ transactions and $900M+ sold, and she came to it after four years of law school. She holds the CPRES and SRES designations. That background is why estate and family law attorneys send trust files here rather than to a general listing agent.
The duties a successor trustee carries are specific. Probate Code 16002 requires administration solely in the interest of the beneficiaries. Probate Code 16003 requires impartiality among them. Probate Code 16004 and 16005 prohibit self dealing and personal profit. Probate Code 16060 requires keeping beneficiaries reasonably informed. Litigation between beneficiaries and trustees almost never starts over the sale price. It starts over a sale that looked arranged: a quiet off market transaction, a purchase by a relative, or a valuation nobody can reconstruct.
Corona del Mar produces a particular version of that argument. Where one beneficiary has been living in the second unit, or where the family assumed the duplex would simply pass to whoever wanted it, the trustee is being asked to favour one beneficiary over another before the property is ever valued. Impartiality under 16003 is not a preference in that situation, it is a duty, and the way it is met is a documented valuation and an open market rather than a family arrangement.
A beneficiary who objects petitions under Probate Code 17200, and the remedies in 16420 include enjoining the trustee and removing them. But Probate Code 18100 protects a buyer who deals with the trustee in good faith, for value and without actual knowledge of any impropriety, so a closed sale is rarely undone. To stop one, a beneficiary must obtain an injunction before closing and record a lis pendens. The practical exposure is money against the trustee personally, plus removal and denial of compensation. That is the risk the record is built to answer.
Trust Property Sales in Corona del Mar, Answered
The questions successor trustees and beneficiaries actually ask, answered for California law and for a 1904 grid town inside a harbour city.
Is Corona del Mar its own city for a trust sale?
No. Corona del Mar is a district of the City of Newport Beach, ZIP 92625, annexed in February 1924. Every city process a trustee touches is a Newport Beach process: the coastal development permit under the city's 2017 Local Coastal Program, the Residential Building Records report, the short term lodging code, the fire zone adoption, and the permit history search. City Hall is at 100 Civic Center Drive and the Building Division line is 949-644-3309. The Orange County Clerk Recorder is where the Affidavit of Death of Trustee is recorded.
Does a Corona del Mar trust sale go through probate court?
No. Probate Code 17209 states that trust administration is intended to proceed expeditiously and free of judicial intervention, so there is no confirmation hearing, no requirement that the price reach ninety percent of an appraisal, and no courtroom overbid. The successor trustee sells directly under Probate Code 16226 and the trust instrument. What replaces the court is documentation, and here that documentation usually has to cover the lot and the second unit as well as the trust.
The Village property is two units on one lot with no HOA. What does that do to a sale?
It puts a title and disclosure question on the front end. Many Village parcels carry two units held without a formal association, management company or reserve account, with insurance and maintenance coordinated directly between the two owners. When one owner dies, that informal arrangement has no written record. Before listing, put it in writing: who carries the insurance, who has maintained the roof and the party wall, what has been paid and by whom. A buyer will price the uncertainty if the estate cannot answer it.
Why does the thirty by 120 foot lot matter to what we are selling?
Because it fixes the envelope. George Hart filed the first subdivision on 4 September 1904 with 2,300 parcels at thirty by 120 feet, and that grid still governs how the Village builds. In practice lot sizes vary, some near 2,700 square feet and some near 3,500, but the result is homes to the property line with almost no side yard. A trustee valuing the property or answering a buyer's remodel question has to start from the lot, not from the square footage of the house.
My parent added a room years ago. Could that be a problem here?
More than elsewhere in the city. Corona del Mar limits floor area to 1.5 times buildable lot area, against 2.0 in general R-1 areas, and at least fifteen percent of buildable area must remain open volume below twenty four feet. On the 1904 lots that ceiling is easy to reach, so an addition is more likely to have pushed the property past the limit here. The Residential Building Records report, voluntary since 28 November 2023, pairs permit history with a zoning check and settles the question before a buyer's architect raises it.
Only half the duplex is in the trust. What do we do?
The trustee can convey only what the trust holds. Where the settlor's written intent to hold the whole parcel in trust is documented, on a schedule of assets, an assignment or a general transfer, the route is a petition under Probate Code 850, commonly called a Heggstad petition after Estate of Heggstad (1993) 16 Cal.App.4th 943, where a written declaration naming the settlor as trustee was held sufficient without a separate deed. Where no such writing exists, that interest goes through probate and two procedures now run against one parcel.
How long do I have to notify the beneficiaries?
Sixty days from the date the trust became irrevocable, which for most families is the settlor's death. Probate Code 16061.7 requires service on every beneficiary and on every heir of the deceased settlor, including an heir the trust leaves nothing to. The notice must carry a warning in at least ten point boldface that no action to contest may be brought more than 120 days from service, or sixty days from delivery of the trust terms within that period, whichever is later. The clock does not run until the notice is served, and title notices that.
Do we need a geotechnical report on an Ocean Boulevard or Cameo Shores property?
Expect the buyer to ask for one. The city's General Plan EIR names Corona del Mar specifically for coastal bluff erosion susceptibility and the San Joaquin Hills for elevated landslide risk from steep terrain and weathered bedrock. Ocean Boulevard, Breakers Drive, Shore Cliffs, Cameo Shores and the Buck Gully edge are the parcels where slope stability documentation, prior grading permits and evidence of remediation become part of the file. An estate that has none should learn that before an offer arrives.
Can a buyer remodel a bluff front property without the Coastal Commission?
Not necessarily. Newport Beach issues most coastal development permits under its 2017 Local Coastal Program, but development within 300 feet of a coastal bluff top or bluff face, between the sea and the first public road paralleling the sea, or within 300 feet of the inland extent of any beach falls in the appealable band, with a ten working day appeal window to the Commission from the Notice of Final Action. The Commission also keeps original jurisdiction over tidelands and submerged lands. For a buyer planning work, that is a timeline fact worth raising early.
Can the buyer short term rent a Village house?
Almost certainly not on a new permit. No new short term lodging permit has been issued for R-1 single family property in the city since 1 June 2004, renewals of previously permitted units excepted, and Municipal Code Chapter 5.95 caps permits at 1,550 citywide with a waiting list. Where a legacy permit exists it can transfer, but only if a transfer application is filed within sixty days of title transfer to a bona fide purchaser for value. Confirm which situation applies before the property is marketed on rental potential.
Does Mello Roos apply in Corona del Mar?
Generally not, in contrast to Newport Coast next door, but that is a lead rather than an answer. Check the parcel against the county's Community Facilities District map and the tax bill by assessor's parcel number. Where a district does apply, Civil Code 1102.6b requires the seller to make a good faith effort to obtain a disclosure notice from each levying agency and deliver it to the buyer. The line item on the tax bill is not that notice, and relying on it is a disclosure defect rather than a shortcut.
Which schools serve a Corona del Mar trust property?
Newport Mesa Unified. The names buyers ask about are Harbor View Elementary, Lincoln Elementary, Corona del Mar Middle and High School, which runs grades seven to twelve on one campus, and Andersen Elementary on the Port Streets side. Attendance boundaries do not follow neighbourhood names and they move, so verify by address with the district's school locator before any of it appears in marketing. A buyer who wrote an offer on an assumption and found otherwise will cancel, and the estate absorbs the lost weeks.
Can a beneficiary stop me from selling?
Rarely, and almost never after closing. A beneficiary petitions under Probate Code 17200 and the remedies in 16420 include compelling redress, enjoining a breach, removing the trustee and reducing or denying compensation. But Probate Code 18100 fully protects a third person who dealt with the trustee in good faith, for valuable consideration and without actual knowledge that the trustee exceeded its powers. To reach such a buyer, a beneficiary has to obtain an injunction before closing and record a lis pendens. Otherwise the remedy is money against the trustee personally.
One of my siblings lives in the second unit and wants to buy the property. Can I sell it to them?
You can, and it is the most common request in a Corona del Mar duplex file, but it is also the transaction most likely to be attacked later. Probate Code 16002 requires administration solely in the interest of the beneficiaries and 16003 requires impartiality among them. Expose the property to the market, document the value including the occupied unit, keep every offer in writing, and disclose the buying beneficiary's interest to the others in writing. A sale that was fair but undocumented is very hard to defend two years later.
Will the estate pay capital gains on a Village sale?
Usually very little. Under IRC section 1014 the basis resets to fair market value at the date of death, so gain is measured only from that date forward. Selling soon after death typically produces close to no gain, and IRC 1223(9) treats the sale as long term even where it happens within a year. Where the property was community property of a married couple, IRC 1014(b)(6) steps up both halves at the first death, which matters in the late 1950s bluff subdivisions where original purchasers are common. Obtain a qualified date of death appraisal. This is general information, not tax advice.
Can a child keep the parents' property tax base here?
For transfers on or after 16 February 2021 the exclusion applies only to a family home that was the parent's principal residence and becomes the child's principal residence. The child must claim the homeowners' exemption within one year of the transfer or date of death and file form BOE-19-P within three years or before any transfer to a third party. The excluded amount is the parent's factored base year value plus 1,044,586 dollars for transfers from 16 February 2025 through 15 February 2027. On a two unit parcel, ask the Orange County Assessor how they treat it before relying on any number.
Related Pages
Other specialties in Corona del Mar
Trust real estate nearby
Start With the Lot, the Permits and the Second Unit
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If you are the successor trustee of a trust holding a Corona del Mar property, the first conversation is about what the trust actually owns and what the 1904 lot allows. Call or text, or ask your attorney to call on your behalf.
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Paula Aragone, California DRE 01364746. Aragone & Associates is a team at First Team Real Estate, California DRE 01008773. Information is deemed reliable but not guaranteed. This page is general information about California real estate practice and is not legal, tax or financial advice.
Aragone & Associates Real Estate Group, 4 Corporate Plaza Dr #100, Newport Beach, CA 92660. Paula Aragone, California DRE 01364746. Brokerage: First Team Real Estate, California DRE 01008773. Equal Housing Opportunity. Nothing on this page is legal, tax or financial advice, and no attorney client relationship is created by contacting this office. Consult your attorney, your accountant and your county assessor before acting on any statement here. Information is deemed reliable but not guaranteed and is subject to change without notice.