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323 Iris Avenue, Corona del Mar

$3,695,000 - 6 Beds - 4 Baths - 4,356 Lot Sq. Ft - 51 DOM

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.

Listing Agent
Arthur Dorr - Balboa Realty

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Essential Information

For 323 Iris Avenue, Corona del Mar
  • MLS® # NP24045926
  • Price $3,695,000
  • Bedrooms 6
  • Bathrooms 4.00
  • Lot Square Footage 4,356
  • Year Built 1977
  • Type Residential Income
  • Sub-Type Duplex
  • Style Other
  • Status Active

Community Information

For 323 Iris Avenue, Corona del Mar

Subdivision

For 323 Iris Avenue, Corona del Mar

Corona del Mar South of PCH (CDMS)

Amenities

For 323 Iris Avenue, Corona del Mar
  • Parking Spaces 4
  • # of Garages 2
  • Pool None

Amenities

For 323 Iris Avenue, Corona del Mar

Dog Park, Trail(s), Trash, Water

View

For 323 Iris Avenue, Corona del Mar

Bluff, City Lights, Mountain(s), Neighborhood

Interior

For 323 Iris Avenue, Corona del Mar
  • Interior Tile, Vinyl
  • Appliances Gas Range
  • Heating Forced Air
  • Cooling None
  • Fireplace Yes
  • Fireplaces Living Room
  • # of Stories 2
  • Stories Two

Interior Features

For 323 Iris Avenue, Corona del Mar

Granite Counters, Living Room Deck Attached, Bedroom on Main Level

Exterior

For 323 Iris Avenue, Corona del Mar
  • Exterior Stucco
  • Lot Description Bluff, Corner Lot, Near Park
  • Roof Shingle
  • Construction Stucco

Additional Information

For 323 Iris Avenue, Corona del Mar
  • Date Listed March 7th, 2024
  • Days on Market 51

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323 Iris Avenue Corona del Mar MLS® #NP24045926

You are viewing the for at 323 Iris Avenue with the MLS® NP24045926 on Previewochomes.com. This at 323 Iris Avenue, . 92625 is located in the Corona del Mar South of PCH (CDMS) subdivision and is currently for featuring a 4356 sq.ft. lot and listed for sale at $3,695,000. This for at 323 Iris Avenue with the MLS® # NP24045926 has been listed since 2024-03-07.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 8:50pm PDT. 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. 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, 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.

Property Listed By: Arthur Dorr of Balboa Realty