323 Iris Avenue, Corona del Mar Property Listing: MLS® #NP24045921

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.

323 Iris Avenue, Corona del Mar Property Listing: MLS® #NP24045921 Close
Page Summary
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  • MLS® #: NP24045921
  • 323 Iris Avenue
  • Corona del Mar, CA 92625
  • $3,695,000
  • 6 Beds, 4 Bath, 2492 SqFt, 0.10 Acres
  • Office: Balboa Realty

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.

Supplemental Remarks

Essential Information

  • MLS® #NP24045921
  • Listing Price$3,695,000
  • Original Listing Price$3,695,000
  • List Price per Square Foot$1,482.74
  • Date ListedMarch 6th, 2024
  • Days on Market2
  • Bedrooms6
  • Bathrooms4.00
  • Full Baths4
  • Square Footage2,492
  • Acres0.10
  • Lot Sq.Ft.4,356
  • Garage Parking2
  • Year Built1977
  • TypeResidential
  • Sub-TypeTownhome
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • Address323 Iris Avenue
  • AreaOC - CORONA DEL MAR (92625)
  • CityCorona del Mar
  • CountyOrange
  • StateCA
  • Zip Code92625

Amenities

  • PoolN/K

View

Mountains/Hills, Other/Remarks, Bluff, Neighborhood, City Lights

Interior

  • HeatingForced Air Unit
  • CoolingN/K
  • FireplaceYes
  • FireplacesFP in Living Room
  • # of Stories2

Exterior

  • Lot DescriptionCorner Lot, Curbs
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Nearby Schools in Corona Del Mar

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Listing information last updated on April 30th, 2024 at 9:24am PDT.