505 Acacia Avenue
Corona del Mar, CA 92625
3200 sqft | 6 beds | 4.75 baths | 0.08 acres | #NP24253316
Description
Charming Rare South of Highway Duplex on one of the best and prettiest streets in the Village! Presenting a unique and exceptional Residential Income R2 opportunity in the heart of Corona Del Mar village, where coastal living seamlessly blends with strong investment potential. Both units are 1600 sq ft, with a Living Room, Family room, Kitchen with Breakfast Bar, Powder, and Laundry down and three bedrooms upstairs (one ensuite) and two baths, primary and one bedroom in each with walk-in closets. Rear unit even has another balcony off of the primary suite, complete with workspace/exercise area/sitting area too! Super clean with excellent tenants, whose leases run until 8/25 for the front and 6/25 for the rear. Loads of outdoor space - inviting enclosed brick front patio, balcony, and a generous side patio for each unit. With its excellent walkability, residents can easily explore the village’s renowned beaches, restaurants, top-rated schools, shopping, scenic hiking trails, and nearby golf courses. Whether you’re considering redevelopment or looking to enhance the cash flow of a valuable investment, this property offers all the options. This is an excellent opportunity to own a piece of coveted Corona Del Mar real estate—a combination of the beauty of our coast and excellent investment potential.
Property Details
- InteriorCeilingFans, LaminateCounters, LivingRoomDeckAttached, Unfurnished, AllBedroomsUp, PrimarySuite, WalkInClosets
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
- Lot DescriptionNearPark, NearPublicTransit, RectangularLot, StreetLevel, Walkstreet
- SubdivisionCorona del Mar South of PCH (CDMS)
- School DistrictNewport Mesa Unified
- ViewNeighborhood
- Sewer InformationPublicSewer
- Original List Price$3,850,000
- MLS #NP24253316
- MLS #NP24253316
- Property TypePurchase
- Exterior MaterialsAwnings
- Cost3850000
- Acres0.0829
- Utility SourcePublic
- CountyOrange
- Property SubtypeDuplex
- Structure TypeDuplex
- Bathrooms4.75
- Square Feet3200
- Year Built1968
- FoundationSlab
- Bedrooms6
- Full Baths3
- Half Baths2
- 3/4 Baths1
- Stories2
- Parking Spaces2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Brenda McCroskey (#U40790)
Listing Office: Compass (#NP60725)
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