617 Iris Avenue new Save Request In-Person Tour Request Virtual Tour
Corona Del Mar,CA 92625
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,620 sqft
Price per Sqft $883
Subdivision Corona Del Mar North Of Pch
MLS Listing ID NP-25139099
Style Mid Century Modern
Year Built 1965
Lot Size 3,311 Sqft
Property Sub-Type Duplex
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 to the beach, top-rated schools, fine dining, shops, and services. Spacious and Comfortable Living Each unit offers generously sized bedrooms, including large master suites, and flowing floor plans ideal for families or group rentals. Natural light floods the interiors, enhancing the home's coastal charm. Whether you're an investor seeking turnkey rental income, a developer looking for your next project, or a homeowner envisioning a dream estate in one of Newport Beach's most desirable neighborhoods--this property delivers.
Location
State CA
County Orange
Area Cs - Corona Del Mar - Spyglass
Interior
Interior Features Copper Plumbing Full,Ceiling Fan(s),Cathedral Ceiling(s),Furnished,High Ceilings,Open Floorplan
Heating Forced Air
Flooring Laminate,Tile
Fireplaces Type Electric
Laundry Gas Dryer Hookup,Inside,Washer Hookup
Exterior
Exterior Feature Rain Gutters
Parking Features Garage
Garage Spaces 2.0
Pool None
Community Features Biking,Curbs,Hiking,Park,Sidewalks,Storm Drains
Utilities Available Water Connected,Electricity Connected,Natural Gas Connected
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer