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Listed by Ernie Caponera • Newport Properties
$3,200,000
Est. payment /mo
3,311 Sqft Lot
Contingent
617 Iris AVE Corona Del Mar, CA 92625
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRNP25139099
Year Built 1965
Lot Size 3,311 Sqft
Property Sub-Type Duplex
Source California Regional MLS
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 railing-perfect 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
Location
State CA
County Orange
Area Cs - Corona Del Mar - Spyglass
Rooms
Kitchen Dishwasher, Garbage Disposal, Other, Oven Range - Built-In
Interior
Heating Forced Air
Cooling Central AC
Flooring Laminate
Laundry Gas Hookup, 30, Other
Exterior
Parking Features Garage
Garage Spaces 2.0
Pool 31, None
Roof Type Composition
Building
Foundation Concrete Slab
Water Hot Water, District - Public
Others
Tax ID 45905220
Special Listing Condition Not Applicable , Accepting Backups
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