71
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$3,200,000
Est. payment /mo
3,311 Sqft Lot
New
617 Iris Avenue Corona Del Mar, CA 92625
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP25139099
HOA Y/N No
Lot Size 3,311 Sqft
Lot Dimensions 30x110
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional Duplex Opportunity in Coveted Corona Del Mar R2 Zoned Don't miss this rare opportunity to own a beautifully maintained R2-zoned duplex in the heart of Corona Del Mar. This versatile property features two spacious units, each offering four bedrooms across two stories, ideal for short-term rental income, long-term tenants, or future redevelopment into luxury condos or a spectacular custom home. Property Highlights: Two Fully Furnished Units Each unit includes 4 bedrooms and 2 bathrooms with expansive, open-concept living spaces. Permitted Short-Term Rental Operates successfully as a fully furnished STR with city permits already in place. Modern Comforts Near-new air conditioning, forced-air furnaces, double-pane Milgard windows and sliders, and two high-speed EV charging stations. Green Energy Ready Two separate sets of solar panels help minimize utility costs. Outdoor Living Front unit features a large private patio with brand-new decking and elegant wrought iron railingperfect for entertaining or relaxing. Garage & Parking Shared double garage with ample additional street parking. Prime Location Walking distance to Grant Howald Park and the Community Youth Center; just minutes to the beach, top-rated schools, fine dining, shops, and services. Spacious and Comfortable Living Each unit offers generously sized bedrooms, including large master suites, and flowing floor plans ideal for families or group rentals. Natural light floods the interiors, enhancing the home's coastal charm. Whether you're an investor seeking turnkey rental income, a developer looking
Exceptional Duplex Opportunity in Coveted Corona Del Mar R2 Zoned Don't miss this rare opportunity to own a beautifully maintained R2-zoned duplex in the heart of Corona Del Mar. This versatile property features two spacious units, each offering four bedrooms across two stories, ideal for short-term rental income, long-term tenants, or future redevelopment into luxury condos or a spectacular custom home. Property Highlights: Two Fully Furnished Units Each unit includes 4 bedrooms and 2 bathrooms with expansive, open-concept living spaces. Permitted Short-Term Rental Operates successfully as a fully furnished STR with city permits already in place. Modern Comforts Near-new air conditioning, forced-air furnaces, double-pane Milgard windows and sliders, and two high-speed EV charging stations. Green Energy Ready Two separate sets of solar panels help minimize utility costs. Outdoor Living Front unit features a large private patio with brand-new decking and elegant wrought iron railingperfect for entertaining or relaxing. Garage & Parking Shared double garage with ample additional street parking. Prime Location Walking distance to Grant Howald Park and the Community Youth Center; just minutes to the beach, top-rated schools, fine dining, shops, and services. Spacious and Comfortable Living Each unit offers generously sized bedrooms, including large master suites, and flowing floor plans ideal for families or group rentals. Natural light floods the interiors, enhancing the home's coastal charm. Whether you're an investor seeking turnkey rental income, a developer looking for your next project, or a homeowner envisioning a dream estate in one of Newport Beachs most desirable neighborhoodsthis property delivers.
Exceptional Duplex Opportunity in Coveted Corona Del Mar R2 Zoned Don't miss this rare opportunity to own a beautifully maintained R2-zoned duplex in the heart of Corona Del Mar. This versatile property features two spacious units, each offering four bedrooms across two stories, ideal for short-term rental income, long-term tenants, or future redevelopment into luxury condos or a spectacular custom home. Property Highlights: Two Fully Furnished Units Each unit includes 4 bedrooms and 2 bathrooms with expansive, open-concept living spaces. Permitted Short-Term Rental Operates successfully as a fully furnished STR with city permits already in place. Modern Comforts Near-new air conditioning, forced-air furnaces, double-pane Milgard windows and sliders, and two high-speed EV charging stations. Green Energy Ready Two separate sets of solar panels help minimize utility costs. Outdoor Living Front unit features a large private patio with brand-new decking and elegant wrought iron railingperfect for entertaining or relaxing. Garage & Parking Shared double garage with ample additional street parking. Prime Location Walking distance to Grant Howald Park and the Community Youth Center; just minutes to the beach, top-rated schools, fine dining, shops, and services. Spacious and Comfortable Living Each unit offers generously sized bedrooms, including large master suites, and flowing floor plans ideal for families or group rentals. Natural light floods the interiors, enhancing the home's coastal charm. Whether you're an investor seeking turnkey rental income, a developer looking for your next project, or a homeowner envisioning a dream estate in one of Newport Beachs most desirable neighborhoodsthis property delivers.
Location
State CA
County Orange
Area Oc - Corona Del Mar (92625)
Zoning Estimated
Interior
Cooling Central Forced Air
Appliance Forced Air Unit
Exterior
Exterior Feature Stucco
Roof Type Composition
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 1-3999 SF
Level or Stories 2 Story
Others
Monthly Total Fees $45
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by Ernie Caponera • Newport Properties