512 Iris Avenue, Corona Del Mar, CA 92625

$2,998,000 Asking Price

6 beds
4 baths
3,200  sqft
Built in 1963

Professionally designed and remodeled duplex located in Corona del Mar. Each unit is 1,600 sq.ft with 3 beds, 2 baths, family room, dining area and kitchen. The two car garage is shared by the upper and lower units and can be accessed from each unit off the back patio. Upgrades include new flooring throughout, upgraded kitchen cabinets and countertops, appliances and recessed LED lighting. The kitchen is open to the dining area and living room. The upper unit has cathedral ceilings and a skylight. The large master bedroom offers two closets the en suite offers new upgraded vanity, flooring and shower. The back deck is off the master bedroom. The guest bedrooms and new bathroom upgrades match the rest of the home. There is an inside laundry room and direct garage access off the back patio. Great central location for walking to the restaurants, movies, shopping, the beach, and parks as well. Top rated schools nearby. Seller also owns the duplex next door at 510 Iris, which is also for sale. Tenants are currently mo. to mo. Current tenants are paying below market rate with market rate being $5,250-$5,500 per unit.

Features & Amenities

Interior

Laundry:
Laundry Room,Inside
A/C:
N/K
Heating:
Forced Air Unit
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 1

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Orange

Lot

Zoning:
45918603
View:
N/K

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Keller Williams Realty N. Tustin, Shevy Akason

About Corona del Mar, CA

Housing

Number of Units
6,389
Median Home Value
$1,208,848
Median Rent
$2,070

35.33% of housing units are renter occupied.

12.81% are vacant.

Commute

Car
46.70%
Public Transportation
0.00%
Walk to Work
0.70%
Work from Home
52.46%
Other
0.02%

The median travel time to work is 11 minutes.

People

Population
11,606
Median Age
54.50
Median Household Size
2.35

Education

High School
6.68%
Associate’s Degree
6.04%
Bachelor’s Degree
40.15%
Graduate Degree
31.66%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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