Corona Del Mar, CA 92625,323 Iris AVE
Corona Del Mar, CA 92625,323 Iris AVE
Corona Del Mar, CA 92625,323 Iris AVE
Corona Del Mar, CA 92625,323 Iris AVE
Corona Del Mar, CA 92625,323 Iris AVE
Corona Del Mar, CA 92625,323 Iris AVE
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Justin & Jessica Bouzane
$ 3,695,000
Est. payment | /mo

2,492 SqFt


Save
$ 3,695,000
Est. payment | /mo
Save

2,492 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,492 sqft

Price per Sqft $1,482

Subdivision Corona Del Mar South Of Pch (Cdms)

MLS Listing ID NP24045926

HOA Y/N No

Year Built 1977

Lot Size 4,356 Sqft

Property Description

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.

Location

State CA

County Orange

Area Cs - Corona Del Mar - Spyglass

Rooms

Ensuite Laundry Inside, Laundry Closet

Interior

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

Laundry Location Inside,Laundry Closet

Heating Forced Air

Cooling None

Flooring Tile, Vinyl

Fireplaces Type Living Room

Fireplace Yes

Appliance Gas Range

Laundry Inside, Laundry Closet

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Fishing, Hiking, Street Lights, Sidewalks, Urban, Park

Amenities Available Dog Park, Trail(s), Trash, Water

View Y/N Yes

View Bluff, City Lights, Mountain(s), Neighborhood

Roof Type Shingle

Accessibility Parking

Total Parking Spaces 4

Private Pool No

Building

Lot Description Bluff, Corner Lot, Near Park

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style See Remarks

Level or Stories Two

New Construction No

Others

HOA Fee Include Sewer

Senior Community No

Tax ID 05208323

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Arthur Dorr • Balboa Realty • 9495009832

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Justin & Jessica Bouzane

Broker Associate | Lic# 01905244

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323 Iris AVE