323 Iris Avenue
$3,695,000
6
4
2,492
2,492
$1,483
Description
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...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.
- Listed by Arthur Dorr • DRE #01899740 • Brokerage DRE #01897014 • Balboa Realty • 9495009832
Property Details for 323 Iris Avenue
Architectural Style
See Remarks
ViewBluff, City Lights, Mountain(s), Neighborhood
Parking Spaces Total4
Private PoolNo
Cooling TypeN/K
Total Units2.0
Building TypeDetached
Lot Size SourceAssessor
LISTING UPDATED: 09/18/2024 09:16 AM
Property Details for 323 Iris Avenue
Status | Active |
---|---|
MLS # | NP24045926 |
Days on Market | 258 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Townhouse |
MLS Type | Residential Income |
Year Built | 1977 |
Lot Size | 0.10 AC / 4,356 SF |
County | Orange County |
Building Information for 323 Iris Avenue
Stories2Residences-Year Built1977Building Size-Lot Size0.10 AC / 4,356 SF
Property Information for 323 Iris Avenue
Property History for 323 Iris Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 323 Iris Avenue
Taxable ValueLand$371,488Additions$172,780Total$544,268
Tax Record2024$6,274 ($523 / month)
Home Facts
Total Finished SqFt2,492 SqFtAbove Grade Finished SqFt2,492 SqFtStories2Lot Size4,363 SqFtStyleDuplexYear Built1977CountyORANGEAPN052-083-23
Schools near 323 Iris Avenue
This home is within Newport-Mesa Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 12 | |||
Public - | K to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Harbor View Elementary School PublicK to 6 | ||
Corona Del Mar High School Public7 to 12 | ||
Monte Vista High School PublicK to 12 | ||
Back Bay High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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