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37
Photos
323 Iris Avenue, Corona Del Mar, CA 92625
$3,695,000 Asking Price
$---/mo Est. Payment Get Prequalified »
6
beds
4
baths
2,492
sqft
Built in
1977
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.
Features & Amenities
Interior
- General:
- Granite Counters
- Laundry:
- Inside
- A/C:
- N/K
- Heating:
- Forced Air Unit
- Fireplace:
- FP in Living Room
Exterior
- Pool:
- None
- Parking:
- Parking spaces: 2
Construction
- General:
- 2 Story
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- California Regional MLS
- County:
- Orange
Lot
- Zoning:
- 05208323
- View:
- Mountains/Hills,Other/Remarks,Bluff,Neighborhood,City Lights
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- California Regional MLS
This listing courtesy of:
Balboa Realty, Arthur Dorr
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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