Corona Del Mar (newport Beach), CA 92625,323 Iris Avenue
Corona Del Mar (newport Beach), CA 92625,323 Iris Avenue
Corona Del Mar (newport Beach), CA 92625,323 Iris Avenue
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Listed by Arthur Dorr • Balboa Realty
$3,695,000
Est. payment /mo
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2,492 SqFt
Active

323 Iris Avenue Corona Del Mar (newport Beach), CA 92625

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UPDATED:

09/19/2024 08:57 AM

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

HOA Y/N No

Originating Board Datashare California Regional

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

Fireplace No

Laundry Laundry Closet, Inside

Exterior

View City Lights, Mountain(s), Other

Handicap Access Other

Building

Lot Description Corner Lot, Other

Water Public


Bay East AOR and Contra Costa AOR

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Daniel Ripper

Broker Associate | License ID: 01382609

+1(415) 205-6312

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323 Iris Avenue