323 Iris Avenue Active Save Request In-Person Tour Request Virtual Tour
Corona Del Mar (newport Beach),CA 92625
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,492 sqft
Price per Sqft $1,482
MLS Listing ID CRNP24045926
Year Built 1977
Lot Size 4,356 Sqft
Property Description
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-flow
Location
State CA
County Orange
Interior
Heating Forced Air
Cooling No Air Conditioning
Flooring Tile,Vinyl
Laundry Laundry Closet,Inside
Exterior
View City Lights,Mountain(s),Other
Building
Lot Description Corner Lot,Other
Water Public