Corona del Mar, CA 92625 323 Iris Avenue
$3,695,000
32 more
Presented By: Arthur Dorr with Balboa Realty; 9495009832
Home Details
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.
Presented By: Arthur Dorr with Balboa Realty; 9495009832
Interior Features for 323 Iris Avenue
Bedrooms
Main Level Bedrooms3
Total Bedrooms6
Bathrooms
Full Baths4
Main Level Bathrooms2
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesInside
Living Area UnitsSquareFeet
Street SuffixAvenue
Total Stories2
Other Rooms
Entry Level1
General for 323 Iris Avenue
Additional Parcels Y/NNo
AppliancesGasRange, Refrigerator
Attached Garage No
Carport Y/NNo
CityCorona del Mar
Community FeaturesBiking, Curbs, Fishing, Hiking, Park, Urban
ContingencyThe information in this listing is deemed reliable, but should be verified by the purchaser. Buyer responsible for verifying the accuracy of all information and should investigate the data themselves
CoolingNone
CountyOrange
Days on Market1
DirectionsSeaview Ave. to the 300 block of Iris
Entry LocationGround
Garage Spaces2.0
Garage Y/NYes
HOA0.0
HOA / Comm AssnNo
HeatingForcedAir
High SchoolCorona Del Mar
High School DistrictNewport Mesa Unified
Home Warranty Y/NNo
Interior FeaturesGraniteCounters, BedroomonMainLevel
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan, Conventional, Submit
Lot Size Square Feet4356.0
MLS AreaCS - Corona Del Mar - Spyglass
Middle/Junior High SchoolCorona Del Mar
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy DescriptionTenant
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameIris
Structure TypeDuplex
Subdivision NameCorona del Mar South of PCH (CDMS)
Tax Lot21, 23
Total Units2
ViewBluff, CityLights, ParkGreenbelt, Hills, Mountains, Neighborhood
View Y/NYes
Waterfront Y/NNo
Year Built1977
Year Built SourcePublicRecords
Exterior for 323 Iris Avenue
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBluff, CornerLot
Lot Size Acres0.1
Lot Size Area4356.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Open Parking Y/NNo
SpaNo
Total Parking2.0
Water SourcePublic
Additional Details
Price History
Schools
Elementary School
N/A
High School
Corona Del Mar High School
Middle School
Corona Del Mar Middle School
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480