Seller's Agent in 2023
Mehdi Khosh
Berkshire Hathaway HomeService
(714) 612-0452
12 in this area
91 Total Sales
600 Iris Ave Corona Del Mar, CA 92625
Corona Del Mar NeighborhoodEstimated Value: $3,227,551 - $3,753,000
3
Beds
3
Baths
1,750
Sq Ft
$2,000/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Cape Cod Architecture
- Living Room with Attached Deck
- Harbor View Elementary School Rated A
- Cathedral Ceiling
- 3-minute walk to Community Youth Center & Grant Howald Park
About This Home
As of September 2023This exceptional property, is located in the heart of the vibrant Corona Del Mar Village. Both Units have AirB&B permits and can be transferred to new owner. Ideal for owner occupied or investment as long-term or short-term rentals. Main unit fully furnished and features two bedrooms and two baths, boasting approximately 1300 sq. feet of living space. The bright, airy living room benefits from large corner window, creating an abundance of natural light, coupled with plantation shutters for privacy when needed. Engineered hardwood flooring, volume ceilings, ceiling fans, and cozy corner fireplaces lend an air of comfortable elegance. A few steps lead up to the dining area and kitchen, equipped with stainless steel appliances, ample cabinet and counter space, a pantry, and a farmhouse sink. Both bathrooms, featuring sliding glass doors on their bath enclosures, are completely updated.
Front unit comes with a two-car garage. Both units include laundry, new central A/C, and expansive front patios - perfect for savoring morning coffee or evening tea
The Separate back unit is unfurnished. This quaint unit exudes charm and elegance and offers one-bedroom, one-bathroom with 450 Sq. Ft. and fully renovated with designer finishes throughout. As you enter through the Dutch door, you are greeted by gorgeous vinyl flooring, illuminating the bright and spacious open floor plan. Equipped with a brand new split system for heating and air conditioning and new dual pane windows, ensuring a comfortable environment all year round. The thoughtfully designed kitchen is a chef's dream, complete with new stainless steel appliances, modern cabinetry, stylish countertops, and backsplash. The island is not only a great space for preparing meals but also adds an extra touch of sophistication to the room.
The bathroom is just as impressive with quartz countertops, a new cabinet, and a brand new shower-tub combo. This comes enclosed in a beautiful sliding glass door that enhances the bathroom's overall aesthetic.
Location is key with this property. It is just a short stroll to the beach, bay, and local shopping, making it an excellent opportunity for those seeking a premier coastal living experience. Don't miss this chance to own a piece of the idyllic Corona Del Mar lifestyle.
Last Agent to Sell the Property
Berkshire Hathaway HomeService License #00892388 Listed on: 07/25/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 3,485 Sq Ft Lot
- No Common Walls
- End Unit
- Corner Lot
- Lawn
- Front Yard
Parking
- 2 Car Garage
Home Design
- Duplex
- Cape Cod Architecture
- Entry on the 1st floor
- Turnkey
- Raised Foundation
- Composition Roof
Interior Spaces
- 1,750 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Cathedral Ceiling
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Plantation Shutters
- Window Screens
- Living Room with Fireplace
- Living Room with Attached Deck
- Vinyl Flooring
- Neighborhood Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Stacked Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Balcony
- Exterior Lighting
Location
- Suburban Location
Utilities
- Zoned Heating and Cooling
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 2 / 636
- Tax Tract Number 186
- Assessor Parcel Number 45905310
- $501 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- Corona Del Mar North Of Pch Subdivision
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $1,440
- Fuel Expense $1,020
- Gardener Expense $960
- Insurance Expense $300
- Trash Expense $720
- Water Sewer Expense $1,200
- New Taxes Expense $44,640
- Operating Expense $50,280
- Gross Income $114,000
- Net Operating Income $63,720
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2023
Closed on
Aug 17, 2023
Sold by
Medali Co Llc
Bought by
Pinwood 705 Llc
Seller's Agent
Mehdi Khosh
Berkshire Hathaway HomeService
Buyer's Agent
Brett Lucas
O'Shaughnessy Group Real Estate
List Price
$3,250,000
Sold Price
$2,970,000
Premium/Discount to List
-$280,000
-8.62%
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,388
Avg. Annual Appreciation
7.44%
Purchase Details
Closed on
Jul 19, 2022
Sold by
Gholamreza Medali
Bought by
Medali Co Llc
Purchase Details
Listed on
Jul 22, 2021
Closed on
Aug 16, 2021
Sold by
Medali Mahnaz
Bought by
Medali Gholamreza
Seller's Agent
David Hein
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Mehdi Khosh
Berkshire Hathaway HomeService
List Price
$2,350,000
Sold Price
$2,660,000
Premium/Discount to List
$310,000
13.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$1,995,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 22, 2021
Closed on
Aug 3, 2021
Sold by
Fenton Dayle Ann Driscoll
Bought by
Medali Gholamreza
Seller's Agent
David Hein
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Mehdi Khosh
Berkshire Hathaway HomeService
List Price
$2,350,000
Sold Price
$2,660,000
Premium/Discount to List
$310,000
13.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,995,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 2012
Sold by
Palmer Joyce
Bought by
Palmer Joyce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
3.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 28, 2010
Sold by
Palmer Joyce G
Bought by
Palmer Joyce G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 2004
Sold by
Palmer Joyce
Bought by
Palmer Joyce G
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pinwood 705 Llc | $2,970,000 | California Title Company | |
| Medali Co Llc | -- | California Title Company | |
| Medali Gholamreza | -- | California Title Company | |
| Medali Gholamreza | $2,660,000 | California Title Company | |
| Palmer Joyce | -- | Accommodation | |
| Palmer Joyce | -- | Lawyers Title | |
| Palmer Joyce G | -- | Accommodation | |
| Palmer Joyce G | -- | Lawyers Title Co | |
| Palmer Joyce G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Medali Gholamreza | $1,995,000 | |
| Previous Owner | Palmer Joyce | $254,000 | |
| Previous Owner | Palmer Joyce G | $179,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/08/2023 09/08/23 | Sold | $2,970,000 | -2.6% | $1,697 / Sq Ft | |
| 08/16/2023 08/16/23 | Pending | -- | -- | -- | |
| 08/07/2023 08/07/23 | Price Changed | $3,050,000 | -6.2% | $1,743 / Sq Ft | |
| 07/25/2023 07/25/23 | For Sale | $3,250,000 | +22.2% | $1,857 / Sq Ft | |
| 08/26/2021 08/26/21 | Sold | $2,660,000 | -1.5% | $1,520 / Sq Ft | View Prior Sale |
| 07/28/2021 07/28/21 | Pending | -- | -- | -- | |
| 07/28/2021 07/28/21 | Price Changed | $2,700,000 | +14.9% | $1,543 / Sq Ft | |
| 07/22/2021 07/22/21 | For Sale | $2,350,000 | -- | $1,343 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $31,761 | $3,026,340 | $2,904,711 | $121,629 |
| 2024 | $31,761 | $2,967,000 | $2,847,755 | $119,245 |
| 2023 | $28,408 | $2,660,000 | $2,553,344 | $106,656 |
| 2022 | $28,484 | $2,660,000 | $2,553,344 | $106,656 |
| 2021 | $1,655 | $116,610 | $54,402 | $62,208 |
| 2020 | $1,637 | $115,415 | $53,844 | $61,571 |
| 2019 | $1,612 | $113,152 | $52,788 | $60,364 |
| 2018 | $1,582 | $110,934 | $51,753 | $59,181 |
| 2017 | $1,555 | $108,759 | $50,738 | $58,021 |
| 2016 | $1,524 | $106,627 | $49,743 | $56,884 |
| 2015 | $1,505 | $105,026 | $48,996 | $56,030 |
| 2014 | $1,470 | $102,969 | $48,036 | $54,933 |
Source: Public Records
Agents Affiliated with this Home
-
Mehdi Khosh
-
Ryan Khosh
R
Seller Co-Listing Agent in 2023
Ryan Khosh
Berkshire Hathaway HomeService
(949) 644-6200
3 in this area
19 Total Sales
-
Brett Lucas
Buyer's Agent in 2023
Brett Lucas
O'Shaughnessy Group Real Estate
(949) 500-7399
2 in this area
8 Total Sales
-
D
Seller's Agent in 2021
David Hein
Berkshire Hathaway HomeServices California Properties
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23136209
APN: 459-053-10
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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