Corona Del Mar (newport Beach), CA 92625,617 Iris Avenue
Listed by Ernie Caponera • Newport Properties
Bought with Daniel Taylor • Compass

$3,220,000

Est. payment /mo

$3,200,000

0.6%
Est.Price: ?

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617 Iris Avenue Corona Del Mar (newport Beach), CA 92625

3,620 SqFt

SOLD DATE : 07/21/2025

Key Details

Sold Price $3,220,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,620 sqft

Price per Sqft $889

MLS Listing ID CRNP25139099

Year Built 1965

Lot Size 3,311 Sqft

Property Sub-Type Duplex

Property Description

Exceptional Duplex Opportunity in Coveted Corona Del Mar – R2 Zoned Don't miss this rare opportunity to own a beautifully maintained R2-zoned duplex in the heart of Corona Del Mar. This versatile property features two spacious units, each offering four bedrooms across two stories, ideal for short-term rental income, long-term tenants, or future redevelopment into luxury condos or a spectacular custom home. Property Highlights: Two Fully Furnished Units – Each unit includes 4 bedrooms and 2 bathrooms with expansive, open-concept living spaces. Permitted Short-Term Rental – Operates successfully as a fully furnished STR with city permits already in place. Modern Comforts – Near-new air conditioning, forced-air furnaces, double-pane Milgard windows and sliders, and two high-speed EV charging stations. Green Energy Ready – Two separate sets of solar panels help minimize utility costs. Upgraded electrical to 200 amp service. Trexs front patio decking. Outdoor Living – Front unit features a large private patio with brand-new decking and elegant wrought iron railing—perfect for entertaining or relaxing. Garage & Parking – Shared double garage with ample additional street parking. Prime Location – Walking distance to Grant Howald Park and the Community Youth Center; jus

Location

State CA

County Orange

Interior

Heating Forced Air

Cooling Central Air

Flooring Laminate, Tile

Laundry Gas Dryer Hookup, Other, Inside

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Bay East Association of Realtors
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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