$2,995,000

Beds: 6
Baths: 6
Sqft: 3,000
Sqft lot: 3,528
Acre lot: 0.08
69 Days On Market -

Contact Kelly Galvin

Property listed by Coldwell Banker Realty, Mary Golding. IDX Contact: 949-644-1600

Status: Pending
Property Type: Duplex
Year Built: 1974
Neighborhood: Corona Del Mar North Of Pch (cnhw)
Days On Website: 69
This attractive duplex constructed in the mid-70s exhibits an excellent rental history with the ability for a buyer to grow in-place rents or substantially increase proforma rents through a conservative remodel. Each unit features attractive and well-maintained 3 bed/3 bath configurations with some enhancements over the years, such as plank vinyl flooring and partial window replacements. Given the current configuration of the building, one could endeavor to condo the property as well, offering multiple unit sales or owner and tenant occupancy. A complete property redevelopment provides a unique opportunity for maximizing square footage on the R2 lot as well. Experience the finest in Corona del Mar living close to area dining such as Zinc, Bandera, and the Quiet Woman. Pristine beaches, Grant Howard Park, Fashion Island, and Newport Center are just moments away.

Features

Property Access

  • City Street
  • Paved

Bathrooms

  • 6 full bathrooms
  • 6 total bathrooms
  • 3 bathrooms on main level

Bedrooms

  • 6 total bedrooms
  • 3 bedrooms on main level

House

  • 2 total stories
  • Built in 1974
  • Stories: 2
  • 3,000 sqft living area
  • 1 Common Wall
  • Stucco
  • Two
  • Deck
  • Patio
  • Duplex

Community

  • Sidewalks

Cooling

  • No cooling

Fireplaces

  • Living Room

Garage

  • Attached garage
  • 4 garage spaces

Heating

  • Central

Laundry

  • Inside

Listing

  • Listing ID: NP22209923
  • Property Subtype: Duplex
  • 23 days on market
  • Listed on 2022-09-28

Location

  • County: Orange
  • Subdivision: Corona del Mar North of PCH (CNHW)

Lot

  • 3528 sqft
  • 0.081 acres
  • Area: 3528
  • Front Yard
  • Landscaped

Parking

  • 4 total parking spaces
  • Garage

Possession

  • Close Of Escrow

Property

  • 2 units
  • Property attached

Roof

  • Composition
  • Flat
  • Spanish Tile

Schools

  • High School District: Newport Mesa Unified

Security System

  • Carbon Monoxide Detector(s)
  • Smoke Detector(s)

Sewer

  • Public Sewer

Property Map

Map View


$2,995,000 - 718 Iris Avenue, Corona Del Mar, CA 92625

Street View


Directions


718 Iris Avenue
Corona Del Mar, CA 92625
County: Orange

Nearby Schools

Local Sales

Kelly Galvin

Broker Associate/Realtor