CA > Corona Del Mar
Corona Del Mar, CA 92625,617 Iris Avenue
Corona Del Mar, CA 92625,617 Iris Avenue
Corona Del Mar, CA 92625,617 Iris Avenue
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$3,200,000
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3,311 Sqft Lot
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617 Iris Avenue Corona Del Mar, CA 92625

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Richard Combs

Richard Combs

+1(619) 838-9307

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NP25139099

HOA Y/N No

Lot Size 3,311 Sqft

Lot Dimensions 30x110

Property Sub-Type Res Income 2-4 Units

Property Description

Exceptional Duplex Opportunity in Coveted Corona Del Mar R2 Zoned Don't miss this rare opportunity to own a beautifully maintained R2-zoned duplex in the heart of Corona Del Mar. This versatile property features two spacious units, each offering four bedrooms across two stories, ideal for short-term rental income, long-term tenants, or future redevelopment into luxury condos or a spectacular custom home. Property Highlights: Two Fully Furnished Units Each unit includes 4 bedrooms and 2 bathrooms with expansive, open-concept living spaces. Permitted Short-Term Rental Operates successfully as a fully furnished STR with city permits already in place. Modern Comforts Near-new air conditioning, forced-air furnaces, double-pane Milgard windows and sliders, and two high-speed EV charging stations. Green Energy Ready Two separate sets of solar panels help minimize utility costs. Upgraded electrical to 200 amp service. Trexs front patio decking. Outdoor Living Front unit features a large private patio with brand-new decking and elegant wrought iron railingperfect for entertaining or relaxing. Garage & Parking Shared double garage with ample additional street parking. Prime Location Walking distance to Grant Howald Park and the Community Youth Center; just minutes to the beach, top-rated schools, fine dining, shops, and services. Spacious and Comfortable Living Each unit offers generously sized bedrooms, including large master suites, and flowing floor plans ideal for families or group rentals. Natural light floods the interiors, enhancing the home's coastal charm. Whether yo
Exceptional Duplex Opportunity in Coveted Corona Del Mar R2 Zoned Don't miss this rare opportunity to own a beautifully maintained R2-zoned duplex in the heart of Corona Del Mar. This versatile property features two spacious units, each offering four bedrooms across two stories, ideal for short-term rental income, long-term tenants, or future redevelopment into luxury condos or a spectacular custom home. Property Highlights: Two Fully Furnished Units Each unit includes 4 bedrooms and 2 bathrooms with expansive, open-concept living spaces. Permitted Short-Term Rental Operates successfully as a fully furnished STR with city permits already in place. Modern Comforts Near-new air conditioning, forced-air furnaces, double-pane Milgard windows and sliders, and two high-speed EV charging stations. Green Energy Ready Two separate sets of solar panels help minimize utility costs. Upgraded electrical to 200 amp service. Trexs front patio decking. Outdoor Living Front unit features a large private patio with brand-new decking and elegant wrought iron railingperfect for entertaining or relaxing. Garage & Parking Shared double garage with ample additional street parking. Prime Location Walking distance to Grant Howald Park and the Community Youth Center; just minutes to the beach, top-rated schools, fine dining, shops, and services. Spacious and Comfortable Living Each unit offers generously sized bedrooms, including large master suites, and flowing floor plans ideal for families or group rentals. Natural light floods the interiors, enhancing the home's coastal charm. Whether you're an investor seeking turnkey rental income, a developer looking for your next project, or a homeowner envisioning a dream estate in one of Newport Beachs most desirable neighborhoodsthis property delivers.

Location

State CA

County Orange

Area Oc - Corona Del Mar (92625)

Zoning Estimated

Interior

Cooling Central Forced Air

Appliance Forced Air Unit

Exterior

Exterior Feature Stucco

Roof Type Composition

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 1-3999 SF

Level or Stories 2 Story

Others

Monthly Total Fees $45

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

San Diego Regional MLS (SDMLS)
Listed by Ernie Caponera • Newport Properties

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agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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617 Iris Avenue

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