520 Iris Avenue, Corona Del Mar, CA 92625

$2,500,000
6
BD
4
BA
3,526
SqFt
Sold Price
$2,500,000
List Price
$2,550,000
Closing Date
Aug 02, 2021
Status
CLOSED
MLS#
NP21096103
Bedrooms
6
Bathrooms
4
Living Sq. Ft
3,526
Lot Size(apprx.)
3,485
Property Type
Single Family Residential
Year Built
1973

Property Description

Experience the luxury of duplex ownership in this sought-after Village offering with proven investment potential in Corona del Mar! Ideally nestled on a rare corner lot in the heart of the Village rests this premier duplex, mere steps to the beach, ocean, shops, and restaurants, and minutes from Fashion Island, the 73, Freeways, Pelican Hill Golf Course, and John Wayne Airport. Both units are meticulously maintained affording gracious light-filled interiors, thoughtful floorplans, timeless upgrades, and fantastic outdoor spaces to entertain. The top floor houses a three-bedroom, two-bathroom unit with rental potential upwards of $4,250 a month. It is light and airy, featuring a neutral color palette, granite custom kitchen with ample cabinetry, stainless steel appliances, and breakfast bar, met by an inviting living area with fireplace, spacious baths, and generous master suite. Even better, this unit boasts an expansive rooftop deck for entertaining and taking in great views! The lower level is currently occupied and rents for $3,900 a month. It is equally appointed spanning a comfortable 1,800 square feet, with three-bedrooms, two-bathrooms, and an enclosed patio surrounded by mature palms. Additional highlights include an eye-catching Spanish-style exterior, in-unit laundry, separate entrances, designer tiles, skylights, and more. Don’t miss your chance to own one of the best duplexes in town! Call now for a tour.

Additional Information

View
Neighborhood, Panoramic
Stories
Two Levels
Laundry Location
Electric Dryer Hookup, Gas Dryer Hookup, Inside, See Remarks

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Steven Bud Mastropaolo (bud@oceancollective.com) from Listing Office: The Address, Inc.

Selling Office: The Address, Inc.

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.