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Listing Agent: Arthur Dorr CalDRE: 01899740 - Balboa Realty, 9495009832
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

323 Iris Avenue,  Newport Beach CA, 92625

(Active)
$3,695,000
|
6 beds, 4 Full baths, 2,492 sqft
|
MLS# NP24045921

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Last Updated: 5/6/2024 5:24 AM
Description for 323 Iris Avenue Newport Beach, CA 92625
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.
Price
$3,695,000
Corona del Mar South of PCH (CDMS)
Orange
6
4 Full
2,492 (approx)
NP24045921
Active
Description
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.
Listing Information
Property Type: Single Family, Duplex, Multi-Family, 2 Story
6 4 Full
0.1 Acres Assessor 2,492 (approx)
1977 Yes-2 spaces 2
Corona del Mar South of PCH (CDMS)
Public
Public Sewer
Neighborhood
School Information
District: Newport Mesa Unified
Corona Del Mar Corona Del Mar
Room Information
Bathrooms: Main Level: 2
4
Main Level: 3, Total: 6
Inside
Interior Features
Gas Range,Refrigerator
None
Other, Forced Air
No Common Walls
Ground
Living Room
Granite Counters,Bedroom on Main Level
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces, 0 Covered Parking Spaces,
None
Hill, Mountain, Other, City, Greenbelt
Bluff,Corner Lot
Driving Directions
Seaview Ave. to the 300 block of Iris
Financial Considerations
05208323
Cash,Cash to New Loan,Conventional,Submit
Listing Price History

Newport Beach Real Estate

Newport Beach is located in California. Newport Beach, California 92625 has a population of 12,746.

The median household income in Newport Beach, California 92625 is $170,094. The median household income for the surrounding county is $94,474 compared to the national median of $66,222. The median age of people living in Newport Beach 92625 is 39 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
3/7/2024 Active $3,695,000  USD  MLS info
Listing Agent: Arthur Dorr CalDRE: 01899740 - Balboa Realty, 9495009832
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/6/2024 5:24 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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