323 Iris Avenue, Corona del Mar, CA 92625 (MLS # NP24045926)

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PRICE $3,695,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 2,492 sqft
LOT SIZE 4,356 sqft

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.

DAYS ON MARKET 238 LAST UPDATED 9/30/2024
TRACT Corona del Mar South of PCH (CDMS) YEAR BUILT 1977
COMMUNITY Corona Del Mar - Spyglass GARAGE SPACES 2.0
COUNTY Orange STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
AMENITIES Dog Park, Trail(s), Trash, Water
APPLIANCES Gas Range
AREA Corona Del Mar - Spyglass
CONSTRUCTION Stucco
FIREPLACE Yes
GARAGE Yes
HEAT Forced Air
INTERIOR Bedroom on Main Level, Granite Counters, Living Room Deck Attached
LOT 4356 sq ft
LOT DESCRIPTION Bluff, Corner Lot, Near Park
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE Other
SUBDIVISION Corona del Mar South of PCH (CDMS)
VIEW Yes
VIEW DESCRIPTION Bluff,City Lights,Mountain(s),Neighborhood
WATER Public
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Listed with Balboa Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 10/31/24 8:25 AM PDT and /or other sources. 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

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