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-
MLS #
CRNP24045921
MLS Source
California Regional MLS
Days on Site
240
Bedrooms
Ground Floor Bedroom, Other
Appliances
Other, Oven Range - Gas, Refrigerator
Fireplace
Living Room
Laundry
Other
Cooling
None
Heating
Forced Air
Pool
None
Garage/Parking
Garage: 2 Car(s)
Elementary District
Newport-Mesa Unified
High School District
Newport-Mesa Unified
HOA Fee
$0
323 Iris Ave is a Duplex in Corona Del Mar, CA 92625. This 2,492 square foot property sits on a 4,356 Sq Ft Lot and features 6 bedrooms & 4 full bathrooms. It is currently priced at $3,695,000 and was built in 1977.
This address can also be written as 323 Iris Ave, Corona Del Mar, CA 92625.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of September 18, 2024. For the most current information, please contact Arthur Dorr, (949) 673-7368