323 Iris Avenue, Corona del Mar, CA 92625
- $3,695,000
- $1,483
- $3,695,000
- $1,483
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.
Address
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Address: 323 Iris Avenue
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City: Corona del Mar
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State/county: CA
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Zip/Postal Code: 92625
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Area: CS - Corona Del Mar - Spyglass
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Country: United States
Details
Updated on March 17, 2024 at 11:39 pm-
Property ID SGR-26035253
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Price $3,695,000
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Land Area 4356.00 m²
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Garages 2.00
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Year Built 1977
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Property Type Residential Income
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Property Status For Sale
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Living Area 2492.00
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MLS# NP24045926
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Office Name BALBOA REALTY
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Agent Name Arthur Dorr
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MLS Status Active
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Living Area Prefix Sqft
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Agent State License 01899740
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IDX Contact Info 9495009832
Additional details
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Roof Shingle
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View Bluff,City Lights,Mountain(s),Neighborhood
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Sewer Public Sewer
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Cooling None
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Heating Forced Air
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Flooring Tile,Vinyl
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County Orange
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Property SubType Duplex
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Parking 4.00
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Water Source Public
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