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$ 3,200,000
Est. payment /mo
Active Under Contract
617 Iris Avenue Corona Del Mar, CA 92625
8 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Corona Del Mar North Of Pch (Cnh
MLS Listing ID NP25139099
Bedrooms 8
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. Upgraded electrical to 200 amp service. Trexs front patio decking. 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 yo
Location
State CA
County Orange
Zoning Estimated
Direction Iris Ave between Fourth and Third Avenues
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Tax ID 45905220
Listed by Ernie Caponera Newport Properties