For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $3,200,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,350 sqft
Price per Sqft $1,361
Subdivision Corona Del Mar North Of Pch (Cnhw)
MLS Listing ID OC23133077
Bedrooms 5
Full Baths 4
Year Built 1955
Lot Size 3,615 Sqft
Property Description
Welcome to the fabulous seaside community of Corona Del Mar, where the allure of luxurious beach living coupled with world class shopping & dining, makes this coastal paradise extremely attractive to discerning homebuyers, capable developers, and savvy investors!
Just a few short blocks to downtown CDM & to the beach, this beautiful duplex offers two spacious units: 2 bedroom 1 bathroom in the picture-perfect front cottage, and 3 bedrooms & 3 bathrooms in the rear unit. The property has a lovely central courtyard separating the front and rear units, community laundry, and a two car garage. Front unit has a lease through Summer of 2024 and rear is month-to-month. The property is being sold as-is.
This duplex is being offered for sale individually, or with the truly unique opportunity to purchase the neighboring duplex at 705 Narcissus at the same time! Our firm has both properties listed for sale so please call to discuss this option.
From a re-development perspective, the subject property is an ideal candidate for redevelopment individually or simultaneously with neighboring 705 Narcissus. The city of Newport Beach launched an incentive program for the preservation of beach cottages on January 25, 2022, which allows owners to build substantial additions (up to 50 percent of the existing floor area or a maximum of 750 square feet) without providing the minimum code-required parking. Only the structure affected by the renovation/addition will have to comply with current building code standards. Refer to city website for more details.
Showings will only be scheduled with qualified offers, and will be made by appointment only, do not disturb tenants.
Location
State CA
County Orange
Area Cs - Corona Del Mar - Spyglass
Interior
Cooling None
Fireplaces Type Living Room
Laundry Common Area
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Gutter(s), Sidewalks
View Y/N No
View None
Building
Lot Description Front Yard, Garden, Landscaped
Story 2
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Newport Mesa Unified
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Amy Hardy • Berkshire Hathaway HomeService
GET MORE INFORMATION
Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
- Homes For Sale in Oxnard, CA
- Homes For Sale in Camarillo, CA
- Homes For Sale in Ventura, CA
- Homes For Sale in Simi Valley, CA
- Homes For Sale in Thousand Oaks, CA
- Homes For Sale in Ojai, CA
- Homes For Sale in Santa Paula, CA
- Homes For Sale in Newbury Park, CA
- Homes For Sale in Moorpark, CA
- Homes For Sale in Fillmore, CA
- Homes For Sale in Oak View, CA
- Homes For Sale in Somis, CA
- Homes For Sale in Oak Park Heights, MN
- Homes For Sale in Port Hueneme Cbc Base, CA