Corona Del Mar, CA 92625 514 Iris Avenue

514 Iris Avenue Corona Del Mar, CA - Image 1514 Iris Avenue Corona Del Mar, CA - Image 2514 Iris Avenue Corona Del Mar, CA - Image 3
26 more
514 Iris Avenue Corona Del Mar, CA - Image 4514 Iris Avenue Corona Del Mar, CA - Image 5514 Iris Avenue Corona Del Mar, CA - Image 6514 Iris Avenue Corona Del Mar, CA - Image 7514 Iris Avenue Corona Del Mar, CA - Image 8514 Iris Avenue Corona Del Mar, CA - Image 9514 Iris Avenue Corona Del Mar, CA - Image 10514 Iris Avenue Corona Del Mar, CA - Image 11514 Iris Avenue Corona Del Mar, CA - Image 12514 Iris Avenue Corona Del Mar, CA - Image 13514 Iris Avenue Corona Del Mar, CA - Image 14514 Iris Avenue Corona Del Mar, CA - Image 15514 Iris Avenue Corona Del Mar, CA - Image 16514 Iris Avenue Corona Del Mar, CA - Image 17514 Iris Avenue Corona Del Mar, CA - Image 18514 Iris Avenue Corona Del Mar, CA - Image 19514 Iris Avenue Corona Del Mar, CA - Image 20514 Iris Avenue Corona Del Mar, CA - Image 21514 Iris Avenue Corona Del Mar, CA - Image 22514 Iris Avenue Corona Del Mar, CA - Image 23514 Iris Avenue Corona Del Mar, CA - Image 24514 Iris Avenue Corona Del Mar, CA - Image 25514 Iris Avenue Corona Del Mar, CA - Image 26514 Iris Avenue Corona Del Mar, CA - Image 27514 Iris Avenue Corona Del Mar, CA - Image 28514 Iris Avenue Corona Del Mar, CA - Image 29514 Iris Avenue Corona Del Mar, CA - Image 30
Presented By: Danielle Shaw with Pacific Sotheby's Int'l Realty; 949-205-9598
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# NP25105874
  • 05/13/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 6
  • Baths • 4
  • SQFT • 2,800
  • Garage • 2

Home Details

Coastal Living at Its Finest – Exceptional Beach-Adjacent Duplex in Corona del Mar Welcome to this rare and remarkable opportunity in the heart of Corona del Mar Village, just steps from the sparkling sands and stunning shoreline of Southern California’s most coveted beaches. This charming duplex offers the perfect blend of investment potential and relaxed coastal lifestyle in one of Orange County’s premier seaside communities. 516 Iris Ave. also available for sale and is a near duplicate property. This two-unit property features a main floor and upstairs residence, each with private entrances, spacious living areas, and generous outdoor spaces ideal for entertaining or soaking up the ocean breeze. The upstairs unit features 3 bedrooms and 2 baths, highlighted by an inviting rear patio perfect for morning coffee or sunset gatherings. The downstairs unit, offering 3 bedrooms and 2 baths, includes a deck in the front and rear of the property. Additional amenities include an attached garage, in-unit laundry, and ample storage. Whether you're seeking a primary residence with income potential, a vacation home, or a long-term investment, this duplex delivers flexibility and exceptional value in an unbeatable location. Live the ultimate beachside lifestyle – stroll to renowned restaurants, upscale boutiques, scenic parks, and the iconic Corona del Mar State Beach. Properties like this don’t come along often. Don’t miss your chance to own a slice of paradise.
Presented By: Danielle Shaw with Pacific Sotheby's Int'l Realty; 949-205-9598

Interior Features for 514 Iris Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Interior AmenitiesBeamedCeilings, TileCounters
Laundry FeaturesWasherHookup, GasDryerHookup, LaundryRoom
Total Stories2

Other Rooms

Entry Level1

General for 514 Iris Avenue

AccessibilityNone
Additional Parcels Y/NNo
AppliancesGasCooktop, GasOven, WaterToRefrigerator, WaterHeater
Architectural StyleBungalow
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces0.0
Carport Y/NNo
CityCorona Del Mar
Community FeaturesCurbs, Gutters, StormDrains, Suburban, Sidewalks
Construction MaterialsStucco
CoolingNone
CountyOrange
Current FinancingConventional
DirectionsHeading north on PCH, turn right onto Iris Ave.
DisclosuresFamilialRelation, ListingBrokerAdvantage
ElectricStandard
Electric On Property Y/NNo
Entry Location1 and 2
Garage Spaces2.0
Garage Y/NYes
Gross Income79080.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense1800.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet3485.0
Lot Size UnitsSquareFeet
MLS AreaCS - Corona Del Mar - Spyglass
MobileHomeRemainsYNNo
Net Operating Income71880.0
New ConstructionNo
Number Of Units Total2
Operating Expense7600.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories2
Subdivision NameCorona del Mar North of PCH (CNHW)
Tax Lot16
Tenant PaysElectricity, Gas
Trash Expense120.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, SewerConnected
ViewNone
Water Sewer Expense2400.0
Year Built1962
Year Built SourcePublicRecords

Exterior for 514 Iris Avenue

Building Area Total2800.0
Crops Included Y/NNo
FencingNone
Foundation DetailsPillarPostPier
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre, RectangularLot
Lot Size Acres0.08
Lot Size Area3485.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGarageFacesRear, OnStreet
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypeAlleyPaved, Paved
SpaNo
Total Parking2.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,800,000
MLS#NP25105874
List Date 05/13/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
Visit My Website

Similar Properties to 514 Iris Avenue

Compare listings

Compare