705 Narcissus Avenue, Corona Del Mar, CA 92625
- $3,000,000
- 4
- BD
- 2
- BA
- 2,000
- SqFt
- Sold Price
- $3,000,000
- List Price
- $3,195,000
- Closing Date
- Apr 19, 2024
- Status
- CLOSED
- MLS#
- OC23132107
- Year Built
- 1960
- Bedrooms
- 4
- Bathrooms
- 2
- Living Sq. Ft
- 2,000
- Lot Size
- 3,485
- Acres
- 0.08
- Lot Location
- Front Yard, Garden, Level
- Days on Market
- 214
- Property Type
- Single Family Residential
- Property Sub Type
- Duplex
- Stories
- Two Levels
- Neighborhood
- Corona Del Mar North Of Pch (Cnhw)
Property Description
Welcome to the stunning seaside community of Corona Del Mar, where the perfect blend of coastal charm and luxurious living makes this coastal paradise extremely attractive to discerning homebuyers, capable developers, and savvy investors! Nestled amidst palm-fringed streets and just a short walk into town or to the beach, this exceptional duplex offers two spacious 2 bedroom 1 bathroom units, with a beautiful central courtyard separating the front and rear units, community laundry, and a two car garage. Both units have leases through Summer of 2024 (front and rear). The property is being sold as-is. From a re-development perspective, the subject property is an ideal candidate for redevelopment. 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.
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Additional Information
- Pool Description
- None
- Fireplace Description
- Living Room
- Cooling Description
- None
- View
- None
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- School District
- Newport Mesa Unified
- Attached Structure
- Attached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: James Vanar (JVanar@AnchorWestProperties.com) from Listing Office: Anchor West Properties, Inc..
Listing sold by Hayedeh Kalanaki from HomeSmart, Evergreen Realty
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.