504 Avocado Avenue #1/2, Corona del Mar CA, 92625
(Active)
$1,498,000
|
1 beds, 1 Three-Qtr baths, 799 sqft
|
MLS# NP23227520
Last Updated: 5/3/2024 8:51 AM
Description for
504 Avocado Avenue #1/2
Corona del Mar, CA 92625
Calling All INVESTORS, 1031 Exchanges, and Southern California Beach Lovers. This property embodies Beach and CDM Village living at its BEST with NO HOAs - bonus for investors, it has an active Short Term Rental Permit. This detached freestanding one-bedroom home with additional flex space (used as an office with a separate entrance) is quality personified. The cottage features a fantastic open floor plan with many upgrades and exquisite details to help you live your best life. Wood floors, granite kitchen counters, stainless steel appliances, farmhouse kitchen sink, custom cabinets, overhead lighting, elegant marble bathroom, and a spacious primary bedroom (comfortably fits a King bed) with a custom closet are just a few upgrades. A stackable washer and dryer are located inside the home, off the hall, for convenience. A spacious front-covered indoor and outdoor balcony adds to the charm. There is an extra-large one-car garage and an additional flex space for a separate office or a chill room. This home is on the south side of the highway in Corona del Mar., Close to Goldenrod Foot Bridge for beach access, and some of the best restaurants and shops in Orange County are just minutes away. Fashion Island is just up the street. John Wayne Airport is a quick UBER ride away. The property has a coveted and current short-term rental permit for a savvy real estate investor or someone who would like to enjoy beach living and appreciate some short-term rental income.
Price
$1,498,000
Corona del Mar South of PCH (CDMS)
Orange
1
1 Three-Qtr
799 (approx)
NP23227520
Active
Description
Calling All INVESTORS, 1031 Exchanges, and Southern California Beach Lovers. This property embodies Beach and CDM Village living at its BEST with NO HOAs - bonus for investors, it has an active Short Term Rental Permit. This detached freestanding one-bedroom home with additional flex space (used as an office with a separate entrance) is quality personified. The cottage features a fantastic open floor plan with many upgrades and exquisite details to help you live your best life. Wood floors, granite kitchen counters, stainless steel appliances, farmhouse kitchen sink, custom cabinets, overhead lighting, elegant marble bathroom, and a spacious primary bedroom (comfortably fits a King bed) with a custom closet are just a few upgrades. A stackable washer and dryer are located inside the home, off the hall, for convenience. A spacious front-covered indoor and outdoor balcony adds to the charm. There is an extra-large one-car garage and an additional flex space for a separate office or a chill room. This home is on the south side of the highway in Corona del Mar., Close to Goldenrod Foot Bridge for beach access, and some of the best restaurants and shops in Orange County are just minutes away. Fashion Island is just up the street. John Wayne Airport is a quick UBER ride away. The property has a coveted and current short-term rental permit for a savvy real estate investor or someone who would like to enjoy beach living and appreciate some short-term rental income.
Listing Information
| Property Type: Condo, Townhouse, Bungalow, Cottage, Traditional, 2 Story, Condo | ||
| 1 | 1 Three-Qtr | |
| Assessor | 799 (approx) | 1948 |
| Yes-1 space | 2 | |
Corona del Mar South of PCH (CDMS)
Slab
Public
Public Sewer,Sewer Tap Paid
Neighborhood
School Information
| District: Newport Mesa Unified | ||
| Corona Del Mar | ||
Room Information
| Bathrooms | |||
| 1 | |||
Total: 1
Inside,Laundry Closet
Interior Features
Dishwasher,Disposal,Gas Range,Microwave,Refrigerator,Dryer,Washer
Wood, Stone
Window/Wall Unit
Other,
Forced Air
No Common Walls
2
None
Carbon Monoxide Detector(s),Smoke Detector(s)
Balcony,Ceiling Fan(s),Granite Counters,Living Room Deck Attached,Open Floorplan,All Bedrooms Up,Walk-In Closet(s)
Exterior / Lot Features
1 Garage Spaces,
1 Parking Spaces,
0 Covered Parking Spaces,
Door-Single,Garage,Garage Faces Rear,On Street
Deck,Enclosed,Front Porch
None
None
Updated/Remodeled,Turnkey
Level,Rectangular Lot
Community Features
Carbon Monoxide Detector(s),Smoke Detector(s)
Driving Directions
PCH to Avocado
Financial Considerations
| 93801539 |
Cash,Cash to New Loan
Washer and dryer, and fridge
Listing Price History
Corona del Mar Real Estate
Corona del Mar is located in California. Corona del Mar, California 92625 has a population of 12,746.
The median household income in Corona del Mar, 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 Corona del Mar 92625 is 39 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 2/26/2024 | Active | $1,498,000 USD -4.89% |
|
| 12/18/2023 | Active | $1,575,000 USD |
|