Listed by 9495009832 - Arthur Dorr - DRE #01899740 - Balboa Realty 949-734-7419
$3,695,000 affordable loan icon Calculate Payment

323 Iris Avenue Corona del Mar, CA 92625

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Duplex Residence
6 Beds
4 Baths
2,492 Sq. Ft.
0.1 Acre Lot

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Last updated on 4/28/2024 12:34 PM
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 t...o 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. Continue reading
MLS#
NP24045921
Property Type
Duplex
Status
Bedrooms
6
Bathrooms
4 Full
Year Built
1977
Square Feet
2,492 sq. ft
Lot Size
0.1
Stories
2.0
Sewer
Public Sewer

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Listed by 9495009832 - Arthur Dorr - DRE #01899740 - Balboa Realty 949-734-7419
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, barbara.simmons@xome.com, 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 4/28/2024 12:34 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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