505 & 505 .5 Acacia Avenue, Corona Del Mar, CA 92625
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Listed Price :
$3,850,000
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Beds :
6
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Baths :
6
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Property Size :
3,200 sqft
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Year Built :
1968
Property Description
Charming Rare South of Highway Duplex on one of the best and prettiest streets in the Village! Presenting a unique and exceptional Residential Income R2 opportunity in the heart of Corona Del Mar village, where coastal living seamlessly blends with strong investment potential. Both units are 1600 sq ft, with a Living Room, Family room, Kitchen with Breakfast Bar, Powder, and Laundry down and three bedrooms upstairs (one ensuite) and two baths, primary and one bedroom in each with walk-in closets. Rear unit even has another balcony off of the primary suite, complete with workspace/exercise area/sitting area too! Super clean with excellent tenants, whose leases run until 8/25 for the front and 6/25 for the rear. Loads of outdoor space - inviting enclosed brick front patio, balcony, and a generous side patio for each unit. With its excellent walkability, residents can easily explore the village’s renowned beaches, restaurants, top-rated schools, shopping, scenic hiking trails, and nearby golf courses. Whether you’re considering redevelopment or looking to enhance the cash flow of a valuable investment, this property offers all the options. This is an excellent opportunity to own a piece of coveted Corona Del Mar real estate—a combination of the beauty of our coast and excellent investment potential.
Interior Features
| Laundry Information |
| Location(s) |
Washer Hookup, Inside, Laundry Room |
| Bedroom Information |
| Features |
All Bedrooms Up |
| Bedrooms |
6 |
| Bathroom Information |
| Bathrooms |
6 |
| Flooring Information |
| Material |
Laminate, Tile |
| Interior Information |
| Features |
Ceiling Fan(s), Laminate Counters, Living Room Deck Attached, Unfurnished, All Bedrooms Up, Primary Suite, Walk-In Closet(s) |
| Cooling Type |
Central Air |
Listing Information
| Address |
505 & 505 .5 Acacia Avenue |
| City |
Corona Del Mar |
| State |
CA |
| Zip |
92625 |
| County |
Orange |
| Listing Agent |
Brenda McCroskey DRE #01869273 |
| Courtesy Of |
Compass |
| List Price |
$3,850,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Duplex |
| Structure Size |
3,200 |
| Lot Size |
3,611 |
| Year Built |
1968 |
Listing information courtesy of: Brenda McCroskey, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 24th, 2024 at 2:14 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.
