323 Iris Avenue Corona Del Mar, CA 92625
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-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.
- Property TypeTownhouse
- NeighborhoodN/A
- CountyOrange
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site70 Days
- MLS StatusActive
- MLS ID NumberNP24045921
- Home Size Source N/A
- Year Built1977
- Lot Size0.1 Acres
- Full Baths4
- Partial BathsN/A
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General Features
- Parking Garage Spaces 2
- Sewer Public Sewer
- Terms CashConventionalCash To New LoanSubmit
- Stories 2 Story
Interior Features
- Additional Rooms Bedroom Entry LevelMulti-Level Bedroom
- Cooling N/K
- Equipment RefrigeratorGas Range
Exterior Features
- Water Public
- Pool N/K
- View Mountains/HillsOther/RemarksBluffNeighborhoodCity Lights
Community Features
- Sales Restrictions Standard
- Miscellaneous Urban
- Laundry Location Inside