Listing by: Arthur Dorr, Balboa Realty, 9495009832
6 Beds
4 Baths
2,492 SqFt
Active
Welcome to a rare and exceptional opportunity in the heart of Corona Del Mar village, where coastal living meets investment potential. This cosmetically remodeled duplex, nestled in a prime location south of Pacific Coast Hwy and Bayside Drive, offers an unparalleled lifestyle with close proximity to the renowned beaches of CDM. Zoned R2, this property boasts a commanding view of the park/playground below, the charming neighborhood, and the picturesque hills of Newport Coast. At the end of a tranquil cul-de-sac, this duplex provides a peaceful retreat while being within walking distance of the sun-soaked shores. Both units, currently occupied on a month-to-month basis, feature a desirable 3-bedroom, 2-bathroom layout with upgraded kitchens and bathrooms. The large balcony upstairs presents an idyllic spot to soak in the panoramic views of the park and surrounding neighborhood. This spacious duplex not only offers a comfortable residence but also unlocks various income opportunities. With excellent walkability, residents can explore world-class dining options in the village, access renowned schools, indulge in shopping, traverse scenic hiking trails, and tee off at nearby golf courses. Whether you're considering redevelopment or seeking to enhance the revenue of a trophy cash-flowing asset, this property is primed for success. Seize the chance to own a piece of Corona Del Mar's coveted real estate, where every day is an opportunity for coastal bliss and investment prosperity.
Property Details | ||
---|---|---|
Price | $3,695,000 | |
Bedrooms | 6 | |
Full Baths | 4 | |
Total Baths | 4 | |
Lot Size Area | 4356 | |
Lot Size Area Units | Square Feet | |
Acres | 0.1 | |
Property Type | Residential | |
Sub type | Duplex | |
MLS Sub type | Duplex | |
Stories | 2 | |
Features | Granite Counters | |
Year Built | 1977 | |
Subdivision | Corona del Mar South of PCH (CDMS) | |
View | Bluff,City Lights,Hills,Mountain(s),Neighborhood,Park/Greenbelt,See Remarks | |
Heating | Forced Air | |
Lot Description | Bluff,Corner Lot | |
Laundry Features | Inside | |
Pool features | None | |
Parking Spaces | 2 | |
Garage spaces | 2 | |
Association Fee | 0 | |
Geographic Data | ||
Directions | Seaview Ave. to the 300 block of Iris | |
County | Orange | |
Latitude | 33.597356 | |
Longitude | -117.874053 | |
Market Area | CS - Corona Del Mar - Spyglass | |
Address Information | ||
Address | 323 Iris Avenue, Corona del Mar, CA 92625 | |
Postal Code | 92625 | |
City | Corona del Mar | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Balboa Realty | |
Listing Agent | Arthur Dorr | |
Listing Agent Phone | 9495009832 | |
Buyer Agency Compensation | 2.250 | |
Attribution Contact | 9495009832 | |
Buyer Agency Compensation Type | % | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
School Information | ||
District | Newport Mesa Unified | |
Middle School | Corona Del Mar | |
High School | Corona Del Mar | |
MLS Information | ||
Days on market | 7 | |
MLS Status | Active | |
Listing Date | Mar 7, 2024 | |
Listing Last Modified | Mar 8, 2024 | |
Tax ID | 05208323 | |
MLS Area | CS - Corona Del Mar - Spyglass | |
MLS # | NP24045921 |
This information is believed to be accurate, but without any warranty.