505-505 5 Acacia Avenue
$3,850,000
6
6
3,200
3,200
$1,203
Listed By Compass
Description
Charming Rare South of Highway Duplex on one of the best and prettiest streets in the Village! Presenting a unique and exceptional Residential Income R2 opportunity in the heart of Corona Del Mar village, where coastal living seamlessly blends with strong investment potential. Both units are 1600 sq ft, with a Living Room, Family room, Kitchen with Breakfast Bar, Powder, and Laundry down and three bedrooms upstairs (one ensuite) and two baths, primary and one bedroom in each with walk-in closets....Charming Rare South of Highway Duplex on one of the best and prettiest streets in the Village! Presenting a unique and exceptional Residential Income R2 opportunity in the heart of Corona Del Mar village, where coastal living seamlessly blends with strong investment potential. Both units are 1600 sq ft, with a Living Room, Family room, Kitchen with Breakfast Bar, Powder, and Laundry down and three bedrooms upstairs (one ensuite) and two baths, primary and one bedroom in each with walk-in closets. Rear unit even has another balcony off of the primary suite, complete with workspace/exercise area/sitting area too! Super clean with excellent tenants, whose leases run until 8/25 for the front and 6/25 for the rear. Loads of outdoor space - inviting enclosed brick front patio, balcony, and a generous side patio for each unit. With its excellent walkability, residents can easily explore the village’s renowned beaches, restaurants, top-rated schools, shopping, scenic hiking trails, and nearby golf courses. Whether you’re considering redevelopment or looking to enhance the cash flow of a valuable investment, this property offers all the options. This is an excellent opportunity to own a piece of coveted Corona Del Mar real estate—a combination of the beauty of our coast and excellent investment potential.
Property Details for 505-505 5 Acacia Avenue
Architectural Style
Traditional
ViewNeighborhood
Parking Spaces Total2
Private PoolNo
Cooling TypeCentral
Total Units2.0
Building TypeAttached
Lot Size SourceAssessor
LISTING UPDATED: 12/23/2024 10:14 PM
Property Details for 505-505 5 Acacia Avenue
Status | Active |
---|---|
MLS # | NP24253271 |
Days on Market | 10 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1968 |
Lot Size | 0.08 AC / 3,611 SF |
County | Orange County |
Building Information for 505-505 5 Acacia Avenue
Stories2Residences-Year Built1968Building Size-Lot Size0.08 AC / 3,611 SF
Property Information for 505-505 5 Acacia Avenue
Property History for 505-505 5 Acacia 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.
Schools near 505-505 5 Acacia Avenue
This home is within Newport-Mesa Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 12 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Harbor View Elementary School PublicK to 6 | ||
Corona Del Mar High School Public7 to 12 | ||
Back Bay High School Public9 to 12 | ||
Monte Vista High School PublicK 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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