714-914-4996

323 Iris Avenue,
Corona del Mar, CA 92625

$3,695,000

Receive $46,187 Commission Rebate, when you purchase this home with Jansen Team.

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Jansen Team

Jansen Team

714-914-4996

rob@jansen-team.com

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.

Basic Information

MLS #:
NP24045921
Price:
$3,695,000
Price
(per sq ft):
$1,482.00
Address:
323 Iris Avenue ,
Corona del Mar, CA 92625
MLS Area:
CS - Corona Del Mar - Spyglass
Subdivision:
Corona del Mar South of PCH (CDMS)
Property
Type:
Duplex
Days on Market:
63
Status:
Active
Bedrooms:
6
Bathrooms:
4
Full Baths:
4
Size (sq ft):
2,492 sq ft
Lot Size:
4,356 sq ft
Year Built:
1977
Sale Type:
Standard

Rooms in Home

Rooms:
Main Floor Bedroom, Multi-Level Bedroom
Eating Area:
Laundry:
Inside
Entry Location:
Ground

Interior Features

Fireplace:
Living Room
Cooling:
None
Heating:
Forced Air
Floor:
Appliances:
Gas Range, Refrigerator
Interior Features:
Granite Counters
Security:
Accessibility:

Garage and Parking

Garage:
Detached
Garage:
2 Spaces
Carport:
0 Spaces
Parking:

Home Owners Association

HOA Dues 1:
$0.00 /
HOA Dues 2:
$
HOA Amenities: 

Utilities

Water:
Public
Utilities:

School Information

District:
Newport Mesa Unified
Elementary:
Middle:
CODEMA
High:
CODEMA

Exterior Features

Pool:
None
Spa:
Patio:
View:
Bluff, City Lights, Hills, Mountain(s), Neighborhood, Park/Greenbelt, See Remarks
Construction:
Foundation:
Roof:
Windows:
Common Walls:
No Common Walls
Levels:
Two
Lot Features:
Bluff, Corner Lot

Additional Information

County:
Orange
Senior Community:
No
Community Features:
Biking, Curbs, Fishing, Hiking, Park, Urban
Other Structures:
Structure Condition:
Direction Faces:
Listed by:
Balboa Realty , Arthur Dorr , 01899740
Co-Listed:
Last
Updated:
5/9/2024 10:11 AM

323 Iris Avenue,
Corona del Mar, CA 92625

Jansen Team
Real Estate

Rob Jansen, Broker

California Office

Phone: 714-914-4996

4000 Barranca Parkway, Suite 250
Irvine, CA 92604

Email: rob@jansen-team.com

Idaho Office

Phone: 208-360-5198

2184 Channing Way , # 324
Idaho Falls, ID 83404

CA-Lic#01799964, ID-Lic#PR54424 ■ © 2023 Copyright Jansen Team Real Estate ■ Equal Housing Opportunity

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