NOT LISTED FOR SALE
5 Beds
4 Baths
2,350 Sq Ft
3,615 Sq Ft Lot

Last Sold April 01, 2024

Last sale price $3,200,000 $1,362 Per Sq Ft

198 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Garden
  • Harbor View Elementary School Rated A
  • Laundry Room
  • 4-minute walk to Buck Gully Trailhead

About This Home

As of April 2024

Welcome to the fabulous seaside community of Corona Del Mar, where the allure of luxurious beach living coupled with world class shopping & dining, makes this coastal paradise extremely attractive to discerning homebuyers, capable developers, and savvy investors!

Just a few short blocks to downtown CDM & to the beach, this beautiful duplex offers two spacious units: 2 bedroom 1 bathroom in the picture-perfect front cottage, and 3 bedrooms & 3 bathrooms in the rear unit. The property has a lovely central courtyard separating the front and rear units, community laundry, and a two car garage. Front unit has a lease through Summer of 2024 and rear is month-to-month. The property is being sold as-is.

This duplex is being offered for sale individually, or with the truly unique opportunity to purchase the neighboring duplex at 705 Narcissus at the same time! Our firm has both properties listed for sale so please call to discuss this option.

From a re-development perspective, the subject property is an ideal candidate for redevelopment individually or simultaneously with neighboring 705 Narcissus. The city of Newport Beach launched an incentive program for the preservation of beach cottages on January 25, 2022, which allows owners to build substantial additions (up to 50 percent of the existing floor area or a maximum of 750 square feet) without providing the minimum code-required parking. Only the structure affected by the renovation/addition will have to comply with current building code standards. Refer to city website for more details.

Showings will only be scheduled with qualified offers, and will be made by appointment only, do not disturb tenants.

Last Agent to Sell the Property

James Vanar

Anchor West Properties, Inc. Brokerage Phone: 949-392-3242 License #01389279 Listed on: 07/19/2023

Last Buyer's Agent

Amy Hardy

Berkshire Hathaway HomeService License #01267922

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 3,615 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Garden
  • Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 2,350 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Legal Lot and Block 7 / 740
  • Tax Tract Number 186
  • Assessor Parcel Number 45907114
  • $517 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Corona del Mar North of PCH (CNHW)
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 45907114
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2350.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1361.70
  • Room Type: Family Room, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Landscaped
  • Lot Size Sq Ft: 3615.00
  • Lot Size Acres: 0.0830

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 3615.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 740
  • Tax Census Tract: 627.02
  • Tax Lot: 7
  • Tax Tract Number: 186
  • TaxOtherAnnualAssessmentAmount: 517.00

Range of Values:

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Sold Price
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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 Change Sq Ft Price
04/01/2024 04/01/24 Sold $3,200,000 -2.3% $1,362 / Sq Ft
02/02/2024 02/02/24 Pending -- -- --
12/08/2023 12/08/23 Price Changed $3,275,000 -2.2% $1,394 / Sq Ft
07/19/2023 07/19/23 For Sale $3,350,000 0.0% $1,426 / Sq Ft
07/27/2022 07/27/22 Rented $3,950 +1.3% --
07/23/2022 07/23/22 Off Market $3,900 -- --
07/03/2020 07/03/20 Rented $3,150 0.0% --
06/18/2020 06/18/20 For Rent $3,150 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23133077

California Regional Multiple Listing Service (CRMLS)