Alta Realty Group Ca, Inc
Jeff Kraus, Alta Realty Group Ca, IncPhone: (949) 246-0456
Email: jeff@krausre.com
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listing
1 of 37
Residential IncomeFor Sale
$3,695,000
323 Iris Avenue
Corona Del Mar, CA 92625
Listed by Arthur Dorr DRE#01899740 artie@gobalboa.com Balboa Realty
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$19,173/mo

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.

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Information courtesy of Balboa Realty is subject to verification and is not guaranteed.
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