NOT LISTED FOR SALE
6 Beds
4 Baths
3,200 Sq Ft
3,807 Sq Ft

Last Sold February 21, 2025

Last sale price $2,700,000 $844 Per Sq Ft

8 Days on Market

Highlights

  • Cathedral Ceiling
  • No HOA
  • Forced Air Heating System
  • Harbor View Elementary School Rated A
  • Laundry Room
  • 4-minute walk to Community Youth Center & Grant Howald Park

About This Home

As of February 2025

512 Iris is a duplex offering TWO 3 bedroom, 2 bathroom units (1 unit upstairs and 1 unit downstairs). Best deal available in the heart of the CDM Village. Walking distance to all restaurants, shops, and entertainment in Corona Del Mar. Near Fashion Island Shopping mall, as well as John Wayne Airport. Walking / biking distance to CDM State Beach, as well as Crystal Cove. CDM is one of the most desirable areas in the country to live! Priced to sell, below market. Both units are renovated beautifully! Capitalize on your opportunity to own your part of CDM Village.

Last Agent to Sell the Property

George Hanold

Times Real Estate CA Brokerage Phone: 949-836-5479 License #01446306 Listed on: 01/08/2025

Co-Listed By

Regan Beegle

Times Real Estate CA Brokerage Phone: 949-836-5479 License #01736778

Last Buyer's Agent

Christine Morgan

Marterra Real Estate License #01839037

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 3,807 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 14 / 536
  • Tax Tract Number 186
  • Assessor Parcel Number 45918603
  • $528 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Corona Del Mar North Of Pch Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $2,328
  • Water Sewer Expense $2,400
  • Operating Expense $6,938
  • Gross Income $4,787
  • Net Operating Income $137,062

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

3,807 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Corona del Mar North of PCH (CNHW)
  • View: No
  • Water Sewer Expenses: 2400.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 45918603
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 843.75

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3807.00
  • Lot Size Acres: 0.0874

Multi Family

  • Gross Income: 4787.00
  • Gross Scheduled Income: 144000.00
  • Insurance Expense: 2328.00
  • Lot Size Area: 3807.0000 Square Feet
  • Net Operating Income: 137062.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6938.00
  • Rent Control: No
  • Total Expenses: 6938.00

Tax Info

  • Tax Block: 536
  • Tax Census Tract: 627.02
  • Tax Lot: 14
  • Tax Tract Number: 186
  • TaxOtherAnnualAssessmentAmount: 528.00

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2025 02/21/25 Sold $2,700,000 0.0% $844 / Sq Ft
02/20/2025 02/20/25 For Sale $2,700,000 0.0% $844 / Sq Ft
02/14/2025 02/14/25 Off Market $2,700,000 -- --
02/14/2025 02/14/25 For Sale $2,700,000 0.0% $844 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
01/14/2025 01/14/25 Off Market $2,700,000 -- --
01/08/2025 01/08/25 For Sale $2,700,000 0.0% $844 / Sq Ft
03/07/2019 03/07/19 Rented $3,850 -3.8% --
12/21/2018 12/21/18 For Rent $4,000 0.0% --
08/18/2017 08/18/17 Sold $1,500,000 -6.2% $469 / Sq Ft View Prior Sale
07/18/2017 07/18/17 For Sale $1,599,000 0.0% $500 / Sq Ft
11/06/2015 11/06/15 Rented $2,650 0.0% --
11/01/2015 11/01/15 For Rent $2,650 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,153 $1,706,742 $1,600,446 $106,296
2024 $18,153 $1,673,277 $1,569,065 $104,212
2023 $17,725 $1,640,468 $1,538,299 $102,169
2022 $17,428 $1,608,302 $1,508,136 $100,166
2021 $17,096 $1,576,767 $1,478,565 $98,202
2020 $16,932 $1,560,600 $1,463,404 $97,196
2019 $16,586 $1,530,000 $1,434,709 $95,291
2018 $16,258 $1,500,000 $1,406,577 $93,423
2017 $15,979 $1,471,305 $1,338,401 $132,904
2016 $15,623 $1,442,456 $1,312,157 $130,299
2015 $15,474 $1,420,789 $1,292,447 $128,342
2014 $14,266 $1,312,674 $1,187,786 $124,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25004970

California Regional Multiple Listing Service (CRMLS)

APN: 459-186-03

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