705 - 705.5 Orchid Avenue, Corona Del Mar, CA 92625
- $3,075,000
- Sold Price
- $3,075,000
- List Price
- $3,295,000
- Closing Date
- Apr 08, 2025
- Status
- CLOSED
- MLS#
- OC25022647
- Year Built
- 1969
- Lot Size
- 3,538
- Acres
- 0.08
- Lot Location
- Front Yard, Rectangular Lot
- Days on Market
- 27
- Property Type
- Multifamily
- Style
- Cottage
- Property Sub Type
- Duplex
- Stories
- Two Levels
- Neighborhood
- Corona Del Mar North Of Pch (Cnhw)
Property Description
Seize the opportunity to own a charming piece of Corona Del Mar Village! This cottage-style DUPLEX is ideally situated in the heart of the prestigious community, just steps from downtown Corona Del Mar and its renowned beaches. Offering excellent value, this property includes TWO INCOME GENERATING UNITS: one featuring 3 bedrooms, 3 bathrooms, and 1,400 square feet, and the other with 2 bedrooms, 2 bathrooms, and 1,300 square feet, along with a balcony with a view. Please note, the property is being sold AS-IS. The front unit welcomes you through a Dutch door into a spacious living room and kitchen. Down the hall, you'll find three bedrooms, three full bathrooms, and a separate outdoor, enclosed patio. The upstairs rear unit is accessed via a side entrance. Upon reaching the top of the stairs, you'll enter a large family room/dining area with an adjacent kitchen. A rooftop balcony off the living room offers sweeping views of Corona Del Mar. Down the hall are two generous bedrooms and two bathrooms, one attached to a bedroom and the other guest bathroom in the hallway. The garage, located off the alley, accommodates two cars, with laundry facilities provided inside. The expansive lot offers ample potential for future development or expansion.
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Additional Information
- Appliances
- Dishwasher, Gas Range, Microwave, Refrigerator, Dryer, Washer
- Pool Description
- None
- Fireplace Description
- Library
- Heat
- Central
- Cooling Description
- None
- View
- Peek-A-Boo
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), Bedroom on Main Level, Main Level Primary
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $108,000
- Operating Expense
- 16584
Listing courtesy of Listing Agent: Mike Ewing (mike@hermitagepm.com) from Listing Office: Hermitage Property Management,.
Listing sold by Casey Lesher from Christie's International R.E. Southern California
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