Corona Del Mar, CA 92625,323 Iris Avenue
Corona Del Mar, CA 92625,323 Iris Avenue
Corona Del Mar, CA 92625,323 Iris Avenue
Corona Del Mar, CA 92625,323 Iris Avenue
Corona Del Mar, CA 92625,323 Iris Avenue
Corona Del Mar, CA 92625,323 Iris Avenue
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$ 3,695,000
Est. payment | /mo

6 Beds

4 Baths

2,492 SqFt


Save
$ 3,695,000
Est. payment | /mo
Save

6 Beds

4 Baths

2,492 SqFt

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 2,492 sqft

Price per Sqft $1,482

MLS Listing ID NP24045921

Style Townhome

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1977

Lot Size 4,356 Sqft

Acres 0.1

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.
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.

Location

State CA

County Orange

Area Oc - Corona Del Mar (92625)

Interior

Interior Features Granite Counters

Fireplaces Type FP in Living Room

Equipment Refrigerator, Gas Range

Appliance Refrigerator, Gas Range

Laundry Inside

Exterior

Garage Spaces 2.0

View Mountains/Hills, Other/Remarks, Bluff, Neighborhood, City Lights

Total Parking Spaces 2

Building

Lot Description Corner Lot, Curbs

Story 2

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Level or Stories 2 Story

Others

Miscellaneous Urban

Acceptable Financing Cash, Conventional, Cash To New Loan, Submit

Listing Terms Cash, Conventional, Cash To New Loan, Submit

Special Listing Condition Standard

San Diego Regional MLS (SDMLS)
Listed by Arthur Dorr • Balboa Realty
agent-avatar

+1(858) 449-1101

theresa@octagonre.com

1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States

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323 Iris Avenue