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Corona del Mar, CA 92625 705 Iris Avenue

$3,375,000

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Presented By: Brett Lucas with O'Shaughnessy Group Real Estate; 949-378-3075
  • MLS# OC24065122
  • 04/03/2024
  • Request Tour
  • Request Info
  • BedBeds • 4
  • BathBaths • 4
  • FootageSQFT • 2,350
  • GarageGarage • 2

Home Details

Centrally located in the Village of Corona del Mar, 705 Iris offers a wealth of possibilities! Currently configured as a triplex, the property could be a consistent income generator for the new owner. The main residence consists of two bedrooms and two bathrooms. The updated kitchen is open to a living room where natural light pours in, and a charming fireplace sits ready to warm coastal nights. The spacious living area that opens to a large front patio via a wall of folding doors. The rear cottage sits above the two car garage and consists of two bedrooms and one bathroom. The third unit is a large, ground level studio. Although immensely livable as-is - the property is primed for redevelopment. Located just minutes to beautiful beaches, shopping, and award winning restaurants. This alluring cottage style home is ready for any number of living options.
Presented By: Brett Lucas with O'Shaughnessy Group Real Estate; 949-378-3075

Interior Features for 705 Iris Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesFamilyRoom
Fireplace Y/NYes
FlooringCarpet, Laminate, Wood
Heating Y/NYes
Laundry FeaturesInGarage
Street SuffixAvenue
Total Stories2
Window FeaturesCustomCoverings

Other Rooms

Entry Level1

General for 705 Iris Avenue

AccessibilitySafeEmergencyEgressfromHome
Additional Parcels Y/NNo
AppliancesDishwasher, FreeStandingRange, Disposal, Refrigerator, Dryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityCorona del Mar
Community FeaturesSuburban, Sidewalks
Construction MaterialsStucco
CoolingNone
CountyOrange
Current FinancingNone
Days on Market10
DirectionsDriving north on PCH take right onto IRIS
ElectricItem220VoltsinGarage
Electric Expense1440.0
Entry LocationFront & Rear
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income0.0
HOA0.0
HOA / Comm AssnNo
HeatingForcedAir, Fireplaces
Home Warranty Y/NNo
Insurance Expense300.0
Interior FeaturesBeamedCeilings, Balcony, HighCeilings, LivingRoomDeckAttached, RecessedLighting, Unfurnished
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, Two
Listing TermsCashtoExistingLoan, CashtoNewLoan
Lot Size Square Feet3485.0
MLS AreaCS - Corona Del Mar - Spyglass
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number of Units Leased0
Operating Expense0.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NYes
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameIris
Subdivision NameCorona del Mar North of PCH (CNHW)
Tax Lot5
Tenant PaysAllUtilities
Total Actual Rent0.0
Total Units3
Trash Expense720.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
ViewNeighborhood
View Y/NYes
Water Sewer Expense1200.0
Waterfront Y/NNo
Year Built1950
Year Built SourcePublicRecords

Exterior for 705 Iris Avenue

Building Area Total2350.0
Crops Included Y/NNo
Door FeaturesFrenchDoors
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.08
Lot Size Area3485.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Parking FeaturesGarage, GarageFacesRear
Road Surface TypePaved
SpaNo
Total Parking2.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,375,000
MLS#OC24065122
List Date 04/03/2024
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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*According to the National Association of Realtors