520 Iris Avenue, Corona del Mar

$2,475,000

6 Beds
4 Baths
3,526 Sqft
.08 Acre
2 Garages

Experience the luxury of duplex ownership in this sought-after Village offering with proven investment potential in Corona del Mar! Ideally nestled on a rare corner lot in the heart of the Village rests this premier duplex, mere steps to the beach, ocean, shops, and restaurants, and minutes from Fashion Island, the 73, Freeways, Pelican Hill Golf Course, and John Wayne Airport. Both units are meticulously maintained affording gracious light-filled interiors, thoughtful floorplans, timeless upgrades, and fantastic outdoor spaces to entertain. The top floor houses a three-bedroom, two-bathroom unit with rental potential upwards of $4,250 a month. It is light and airy, featuring a neutral color palette, granite custom kitchen with ample cabinetry, stainless steel appliances, and breakfast bar, met by an inviting living area with fireplace, spacious baths, and generous master suite. Even better, this unit boasts an expansive rooftop deck for entertaining and taking in great views! The lower level is currently occupied and rents for $3,900 a month. It is equally appointed spanning a comfortable 1,800 square feet, with three-bedrooms, two-bathrooms, and an enclosed patio surrounded by mature palms. Additional highlights include an eye-catching Spanish-style exterior, in-unit laundry, separate entrances, designer tiles, skylights, and more. Don’t miss your chance to own one of the best duplexes in town! Call now for a tour.

Essential Information
MLS® #NP21096103
Price$2,475,000
Bedrooms6
Bathrooms4.00
Full Baths4
Square Footage3,526
Acres0.08
Year Built1973
TypeResidential
Sub-TypeDuplex
StatusActive Under Contract
Community Information
Address520 Iris Avenue
AreaCS - Corona Del Mar - Spyglass
CityCorona del Mar
CountyOrange
StateCA
Zip Code92625
Subdivision

Corona del Mar North of PCH (CNHW)

Amenities
Parking Spaces2
# of Garages2
ViewNeighborhood, Panoramic
PoolNone
Interior
CoolingGas, None
FireplaceYes
FireplacesFamily Room, Gas
# of Stories2
StoriesTwo
Interior Features

Bedroom on Main Level, Galley Kitchen

Exterior
Lot Description0-1 Unit/Acre, Corner Lot
School Information
DistrictNewport Mesa Unified
Additional Information
Date ListedMarch 18th, 2021
Days on Market34
HOA Fees0.00
Listing Details
AgentSteven Bud Mastropaolo
OfficeThe Address, Inc
Property History
Price Increased from $2,475,000 to $2,550,000Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
Status Changed from Active to Active Under Contract
LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of June 19th, 2021 at 6:48pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.