705 Orchid Avenue Corona Del Mar, CA 92625
Welcome to the gorgeous seaside community of Corona Del Mar! World class shopping, entertainment & dining, coupled with beautiful weather all year makes this coastal paradise extremely attractive to discerning homebuyers, capable developers, and savvy investors! Just a few short blocks to downtown CDM & to the beach, this beautiful duplex offers two spacious units: A 3 bedroom 3 bathroom in the picture-perfect front cottage, and 2 bedrooms & 2 bathrooms in the rear unit. The property has a two car garage, a lovely central courtyard separating the front and rear units, and community laundry in the garage (separate hookups for each unit). The property is being sold as-is. From a re-development perspective, the subject property is an ideal candidate for redevelopment. The city of Newport Beach launched an incentive program for the preservation of beach cottages on January 25, 2022, which allows owners to build substantial additions (up to 50 percent of the existing floor area or a maximum of 750 square feet) without providing the minimum code-required parking. Only the structure affected by the renovation/addition will have to comply with current building code standards. Refer to city website for more details.
- Property TypeMulti-Family
- NeighborhoodCorona Del Mar North of Pch (Cnhw)
- CountyOrange
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site29 Days
- MLS StatusActive
- MLS ID NumberOC24196512
- Home Size Source Assessor
- Year Built1969
- Lot Size0.0777 Acres
- Full Baths5
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 705 Orchid Avenue Corona Del Mar, CA 92625
3 weeks ago | |
4 weeks ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Parking Spaces 2
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0.0777
- Water Public
- Property Sub Type Duplex
- Garage Spaces 2
- Attached Garage No
- Listing Conditions Standard
Interior Features
- Cooling None
- Fireplace Features Family Room
- Laundry Features In Garage
- Fireplace Yes
Exterior Features
- View None
- Pool Features None
- Lot Landscaped
Community Features
- Association Dues 0
- Community Features CurbsWatersportsSidewalks
- Senior Community No
- MLS Area CS - Corona Del Mar - Spyglass