323 Iris Avenue, Corona del Mar, CA 92625
-
Listed Price :
$3,695,000
-
Beds :
6
-
Baths :
4
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Property Size :
2,492 sqft
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Year Built :
1977
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.
Interior Features
| Laundry Information |
| Location(s) |
Inside |
| Bedroom Information |
| Bedrooms |
6 |
| Bathroom Information |
| Bathrooms |
4 |
| Interior Information |
| Features |
Granite Counters, Bedroom on Main Level |
| Cooling Type |
None |
Listing Information
| Address |
323 Iris Avenue |
| City |
Corona del Mar |
| State |
CA |
| Zip |
92625 |
| County |
Orange |
| Listing Agent |
Arthur Dorr DRE #01899740 |
| Courtesy Of |
Balboa Realty |
| List Price |
$3,695,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Duplex |
| Structure Size |
2,492 |
| Lot Size |
4,356 |
| Year Built |
1977 |
Listing information courtesy of: Arthur Dorr, Balboa Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:06 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
