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$3,695,000
63 Days Online

323 Iris Avenue
Corona Del Mar, CA 92625

For Sale|Multi-Family|Active
Subdivision:
Corona Del Mar South of Pch (Cdms)
County:
Orange
Listed by Arthur Dorr of Balboa Realty 9495009832
Call Now: (949)395-0960
Is this the home for you? We can help make it yours.
(949)395-0960
323 Iris Avenue323 Iris Avenue323 Iris Avenue323 Iris Avenue
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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.

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Listing Snapshot
Price 
$3,695,000
Days Online 
63 Days
Bedrooms 
6
Inside Area (SqFt) 
2,492 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.1 Acres
Year Built 
1977
MLS® Number 
NP24045921
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen online
General Features
Parking Spaces 
2
Sewer 
Public Sewer
Number of Stories 
2
Acreage 
0.1
Water 
Public
Property Sub Type 
Duplex
Garage Spaces 
2
Attached Garage 
No
Listing Conditions 
Standard
Interior Features
Cooling 
None
Heating 
Forced Air
Appliances 
Gas RangeRefrigerator
Interior 
GraniteCountersBedroomonMainLevel
Fireplace Features 
Living Room
Laundry Features 
Inside
Fireplace 
Yes
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Exterior Features
View 
BluffCity LightsPark GreenbeltHillsMountainsNeighborhood
Pool Features 
None
Lot 
BluffCorner Lot
Community Features
Association Dues 
0
Community Features 
BikingCurbsFishingHikingParkUrban
Senior Community 
No
MLS Area 
CS - Corona Del Mar - Spyglass
Schools
School District
Newport Mesa Unified
Elementary School
Unknown
Middle School
Corona Del Mar
High School
Corona Del Mar


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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