510 Iris Avenue

Corona del Mar, CA 92625

$2,500,000
Last Sold Price
6
Beds
4
Baths
3,200 Sq. Ft.
$781 / Sq. Ft.
3,200
Sq. Ft.
$781
per Sq. Ft.

Description

510 & 512 Iris are side by side duplexes being sold separately, but have the same seller and could be purchased as a pair. Each property offers two 3 bedroom, 2 bathroom units (1 unit upstairs and 1 unit downstairs). A collection of 2 duplexes side by side in the heart of the CDM Village. Walking distance to all restaurants, shops, and entertainment in Corona Del Mar. Near Fashion Island Shopping mall, as well as John Wayne Airport. Walking / biking distance to CDM State Beach, as well as Crystal...510 & 512 Iris are side by side duplexes being sold separately, but have the same seller and could be purchased as a pair. Each property offers two 3 bedroom, 2 bathroom units (1 unit upstairs and 1 unit downstairs). A collection of 2 duplexes side by side in the heart of the CDM Village. Walking distance to all restaurants, shops, and entertainment in Corona Del Mar. Near Fashion Island Shopping mall, as well as John Wayne Airport. Walking / biking distance to CDM State Beach, as well as Crystal Cove. CDM is one of the most desirable areas in the country to live! Priced to sell, below market. All units are renovated beautifully! Capitalize on your opportunity to own your part of CDM Village.
  1. Listed by George Hanold • DRE #01446306 • Brokerage DRE #02014153 • Times Real Estate CA • 949-836-5479
  2. Listed by Regan Beegle • DRE #01736778 • Brokerage DRE #02014153 • Times Real Estate CA

Property Details for 510 Iris Avenue

View
None
Parking Spaces Total
1
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3200
LISTING UPDATED: 11/05/2024 02:24 PM

Property Details for 510 Iris Avenue

StatusClosed
MLS #NP24156586
Days on Market89
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.08 AC / 3,572 SF
CountyOrange County

Virtual Tour

Building Information for 510 Iris Avenue

Stories2Residences-Year Built1963Building Size-Lot Size0.08 AC / 3,572 SF

Property Information for 510 Iris Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $129,444
  • Gross Scheduled Income: $144,000
  • Net Operating Income: $137,062
  • Financing: Cash
Expense Details
  • Operating Expense: $6,938
  • Gardener Expense: $1,200
  • Fuel Expense: $420
  • Pest Control Expense: $110
  • Electric Expense: $480
  • Insurance Expense: $2,328
  • Trash Expense: $0
  • Water Sewer Expense: $2,400
  • Total Expenses: $6,938
Tax / Assessment Info
  • Tax Block: 536
  • Tax Tract Number: 186
  • Tax Census Tract: 627.02
  • CFD/Mello-Roos Fee: $528
  • Tax Lot: 12
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Interior Features: Ceiling Fan(s), High Ceilings
  • Room Type: Kitchen, Laundry, Primary Bathroom, Primary Bedroom
Exterior Features
  • Entry Location: 1/2
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: Corona del Mar North of PCH
  • Builders Tract Code: Corona del Mar North of PCH (CNHW)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4,787
  • Unit Type Total Rent: $4,787
  • Unit Type Pro Forma: 6000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 6000
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 510 Iris 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 510 Iris Avenue

Taxable ValueLand$1,569,065Additions$104,212Total$1,673,277
Tax Record2024$18,153 ($1,513 / month)
Home Facts
Lot Size3,560 SqFtStyleMulti-Family Dwelling (2-4)Year Built1963CountyORANGEAPN459-186-02

Schools near 510 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.

Similar Homes

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Similar Sold 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 Times Real Estate CA, George Hanold, DRE #01446306; Times Real Estate CA, Regan Beegle, DRE #01736778

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.