505 Acacia Avenue

Corona del Mar, CA 92625

$3,850,000
Price
6
Beds
4
Baths
2
1/2 Baths
3,200 Sq. Ft.
$1,203 / Sq. Ft.
3,200
Sq. Ft.
$1,203
per Sq. Ft.

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 villages renowned beaches, restaurants, top-rated schools, shopping, scenic hiking trails, and nearby golf courses. Whether youre 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 estatea combination of the beauty of our coast and excellent investment potential.

Listing Agent

  1. Brenda McCroskey

    Brenda McCroskey

    Listing Agent

    Compass

    DRE #01869273

Property Details for 505 Acacia Avenue

View Description
Neighborhood
City Postal ID
OC - CORONA DEL MAR (92625)
LISTING UPDATED: 01/14/2025 01:06 PM

Property Details for 505 Acacia Avenue

StatusContingent
MLS #NP24253316
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential / Townhome
Year Built1968
Lot Size0.08 AC / 3,611 SF
CountyOrange County

Building Information for 505 Acacia Avenue

Stories2Residences-Year Built1968Lot Size0.08 AC / 3,611 SF

Property Information for 505 Acacia Avenue

Summary Information
Property and Location
  • System ID: 306328991
  • Class: RESIDENTIAL
  • Residential Styles: Townhome
  • Architectural Style: Traditional
  • Attached Style: Patio/Garden
  • Levels: 2 Story
  • Year Built: 1968
  • Street Number Numeric: 505
  • Street Name: Acacia Avenue
  • Directions To Property: Turn onto Acacia from PCH
Parking
  • Parking Garage Spaces: 2
HOA and Fees
  • Home Owner Fees: $0
  • CFD/Mello-Roos Fee: $0
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: 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 villages renowned beaches, restaurants, top-rated schools, shopping, scenic hiking trails, and nearby golf courses. Whether youre 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 estatea combination of the beauty of our coast and excellent investment potential.
Interior and Exterior Features
Interior Features
  • Heat Equipment: Forced Air Unit
  • Laundry Location: Laundry Room, Inside
  • Equipment: Dishwasher, Microwave, Electric Oven, Electric Range
  • Laundry Utilities: Washer Hookup
  • Fireplace: FP in Family Room, FP in Living Room, Gas Starter
  • Floor Coverings: Laminate, Tile
  • Interior Features: Laminate Counters, Living Room Deck Attached, Unfurnished
  • Bedrooms Count: 6
  • Searchable Rooms: Family Room, Kitchen, Living Room, All Bedrooms Up, Laundry, Separate Family Room, Walk-In Closet
Exterior Features
  • Exterior: Stucco
  • Roof: Composition
  • Fencing: Wood
  • Security: Carbon Monoxide Detectors
  • Pool: N/K
  • Square Footage: 3200
Property Information
Property and Assessments
  • Total Stories: 2
  • Stories in Building: 2
  • Residential Unit Location: No Unit Above, No Unit Below, 1 common wall
  • Entry Only: No
  • Entry Level Unit: 1
  • Accessibility Features: None
  • Lot Size: 1-3,999 SF
  • Lot Size Source: Assessor Record
  • Topography: Level
  • Site: Curbs, Sidewalks
  • Assessments: Unknown
  • Assessors Parcel Num: 45909113
  • Miscellaneous: Suburban
Utilities
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water: Public
  • Sewer/Septic: Public Sewer

Property History for 505 Acacia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 505 Acacia Avenue

Taxable ValueLand$2,128,199Additions$162,255Total$2,290,454
Tax Record2024$24,647 ($2,054 / month)
Home Facts
Lot Size3,541 SqFtStyleMulti-Family Dwelling (2-4)Year Built1968CountyORANGEAPN459-091-13

Schools near 505 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 - 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.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Brenda McCroskey, DRE #01869273

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.