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Offered For Sale

323 Iris Avenue

#NP24045921

RES

6/4

Built in 1977

$3,695,000

About the property

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.

Features

General

  • Half Bathrooms 0
  • Real Estate Sub Type Duplex
  • Real Estate Type RES
  • Square Feet 2,492
  • Stories 2
  • Year Built 1,977
  • Agent Name Arthur Dorr
  • Broker Id U6779
  • Office Name Balboa Realty
  • Days On Market 0
  • Status Active
  • Agent Cell 9,495,009,832

Building

  • Cooling None
  • Heating Forced Air
  • Interior Features Granite Counters

Location

  • Subdivision Corona del Mar South of PCH (CDMS)
  • View Bluff
    City Lights
    Hills
    Mountain(s)
    Neighborhood
    Park/Greenbelt
    See Remarks

Schools

  • Middle School Corona Del Mar
  • High School Corona Del Mar

Location

Questions

Human check: how many dogs are below?

 

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