fbpx

$3,695,000
6 bed
4 bath
2,492 Sqft
4,356 Sqft lot

323 Iris Avenue, Corona del Mar, California 92625

  • Residential Property Type
  • 73 Days Time on market
  • $1,483 Price per sqft
  • 1977 Year Built
Property Description

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.

Basic Details
Residential
Buy
NP24045921
$3,695,000
6
4
2,492 Sqft
1977
4,356 Sqft
Active
Duplex
Multi-family
Features
: Forced Air
: Mountain(s), Neighborhood, City Lights, Hills, Park/greenbelt, Bluff
: Living Room
: Refrigerator, Gas Range
: Park, Curbs, Urban, Biking, Fishing, Hiking
2
$0
: Public Sewer
Address
CA
Orange
Corona del Mar
92625
323 Iris Avenue
323
Avenue
0
W118° 7' 33.4''
N33° 35' 50.5''
Additional Information
73
1
2
2
4
: Two
1
: Inside
2
1
0 Sqft
1
0 Sqft
0 Sqft
: Assessor
: Bedroomonmainlevel, Granite Counters
0.10 Sqft
4,356 Sqft
1
: No Common Walls
0 Sqft
05208323
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
1
07/03/2024 09:21:14
$0
: Standard
Cash,CashtoNewLoan,Conventional,Submit
Seaview Ave. to the 300 block of Iris
Corona Del Mar
Corona Del Mar
Balboa Realty
Arthur Dorr
U6779
U41137
$0
1
1
: Corner Lot, Bluff
1
: Duplex
Corona del Mar South of PCH (CDMS)
1
1
1
: Square Feet
2
235
21,23
1
US-06059-N-05208323-R-N
Duplex
07/03/2024 17:46:26
Iris
CS - Corona Del Mar - Spyglass
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$