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705 Iris Avenue

Corona Del Mar, CA 92625
  • $3,395,000
  • STATUS: Active
  • ON SITE: 62 Days
  • ID#: OC23162873
UPDATED: 34 min ago
$3,395,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Listing Agent(s): Brett Lucas of O'shaughnessy Group Real Estate (949-500-7399)


Description

Triplex nestled in the vibrant heart of Corona del Mar Village! 705 Iris an investor's dream with its prime location just steps to restaurants, parks, sporting facilities and schools. Take a relaxing stroll over the picturesque Goldenrod Foot Bridge and you'll find yourself at the beach in 15 minutes. This triplex consists of two separate buildings which grants you the opportunity to live in one unit and rent out the others for additional income. The first building is a 2 bed/2 bath front unit which is perched on the elevated side of the street creating an abundance of natural light. At approximately 1050 sqft, this fully remodeled unit features beautiful wide plank hardwood floors, a modern kitchen with high end appliances and quartz countertops, spacious bedrooms and tastefully appointed bathrooms. The living area seamlessly transitions to the large patio through folding doors, creating fabulous indoor/outdoor living. The second building features a 2 bed/1 bath unit on the upper level and a ground level studio below. At approximately 950 sqft, the upper unit has an efficient layout highlighted by living area French Doors opening up to a generous balcony which boasts spectacular neighborhood views. This light and bright unit has a spacious kitchen with butcher's block countertops and pantry, plenty of storage and high ceilings. The studio has new laminate flooring, large closet and kitchenette with a cooktop. Both the front and upper unit's have aone car garage with washer and dryer included. Other nearby amenities include tennis & basketball courts, soccer field, children's playground and year-round recreational activities at the community center.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-05T09:29:09.46. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/144005169
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705 Iris Avenue Corona Del Mar, CA 92625

  • Price: $3,395,000
  • Status: Active
  • On Site: 62 Days
  • Updated: 34 min ago
  • ID#: OC23162873
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1950
Built
Neighborhood:
Corona Del Mar North Of Pch (Cnhw)
County:
Orange
Area:
CS - Corona Del Mar - Spyglass
Property Description
Triplex nestled in the vibrant heart of Corona del Mar Village! 705 Iris an investor's dream with its prime location just steps to restaurants, parks, sporting facilities and schools. Take a relaxing stroll over the picturesque Goldenrod Foot Bridge and you'll find yourself at the beach in 15 minutes. This triplex consists of two separate buildings which grants you the opportunity to live in one unit and rent out the others for additional income. The first building is a 2 bed/2 bath front unit which is perched on the elevated side of the street creating an abundance of natural light. At approximately 1050 sqft, this fully remodeled unit features beautiful wide plank hardwood floors, a modern kitchen with high end appliances and quartz countertops, spacious bedrooms and tastefully appointed bathrooms. The living area seamlessly transitions to the large patio through folding doors, creating fabulous indoor/outdoor living. The second building features a 2 bed/1 bath unit on the upper level and a ground level studio below. At approximately 950 sqft, the upper unit has an efficient layout highlighted by living area French Doors opening up to a generous balcony which boasts spectacular neighborhood views. This light and bright unit has a spacious kitchen with butcher's block countertops and pantry, plenty of storage and high ceilings. The studio has new laminate flooring, large closet and kitchenette with a cooktop. Both the front and upper unit's have aone car garage with washer and dryer included. Other nearby amenities include tennis & basketball courts, soccer field, children's playground and year-round recreational activities at the community center.
Exterior Features

Construction Materials Stucco Entry Level 1 Entry Location Front & Rear Foundation Details Slab Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Parking Features GarageGarage Faces Rear Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes Road Surface Type Paved Roof Shingle Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Accessibility Features Safe Emergency Egress from Home Appliances DishwasherFree-Standing RangeDisposalRefrigeratorDryerWasher Common Walls 1 Common Wall Cooling None Cooling YN No Door Features French Doors Fireplace Features Family Room Fireplace YN Yes Flooring CarpetLaminateWood Heating Forced AirFireplace(s) Heating YN Yes Interior Features Beamed CeilingsBalconyHigh CeilingsLiving Room Deck AttachedRecessed LightingUnfurnished Window Features Custom Covering(s)

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features SuburbanSidewalks Current Financing None Electric 220 Volts in Garage Electric Expense 1440 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 0 Insurance Expense 300 Land Lease YN No Laundry Features In Garage Levels OneTwo Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to Existing LoanCash to New Loan Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 0 Operating Expense 0 Possession Close Of Escrow Property Condition Updated/Remodeled Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 0 Trash Expense 720 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Sewer Expense 1200 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-05T09:29:09.46. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Brett Lucas of O'shaughnessy Group Real Estate (949-500-7399)