Corona Del Mar, CA 92625 516 Iris Avenue

516 Iris Avenue Corona Del Mar, CA - Image 1516 Iris Avenue Corona Del Mar, CA - Image 2516 Iris Avenue Corona Del Mar, CA - Image 3
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516 Iris Avenue Corona Del Mar, CA - Image 4516 Iris Avenue Corona Del Mar, CA - Image 5516 Iris Avenue Corona Del Mar, CA - Image 6516 Iris Avenue Corona Del Mar, CA - Image 7516 Iris Avenue Corona Del Mar, CA - Image 8516 Iris Avenue Corona Del Mar, CA - Image 9516 Iris Avenue Corona Del Mar, CA - Image 10516 Iris Avenue Corona Del Mar, CA - Image 11516 Iris Avenue Corona Del Mar, CA - Image 12516 Iris Avenue Corona Del Mar, CA - Image 13516 Iris Avenue Corona Del Mar, CA - Image 14
Presented By: Danielle Shaw with Pacific Sotheby's Int'l Realty; 949-205-9598
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# NP25105885
  • 05/13/2025
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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. 514 Iris Ave. also available for sale and is a near duplicate property. Situated on an oversized lot, 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 516 Iris Avenue

Other Interior Features

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

Other Rooms

Entry Level1

General for 516 Iris Avenue

AccessibilityNone
Additional Parcels Y/NNo
Architectural StyleBungalow
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityCorona Del Mar
Community FeaturesCurbs, Gutters, StormDrains, Suburban, Sidewalks
Construction MaterialsStucco
CoolingNone
CountyOrange
DirectionsHead North on PCH, turn R onto Iris
ElectricStandard
Electric On Property Y/NNo
Entry Location1
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 Feet3528.0
Lot Size UnitsSquareFeet
MLS AreaCS - Corona Del Mar - Spyglass
MobileHomeRemainsYNNo
Net Operating Income85080.0
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
Operating Expense3600.0
Pool FeaturesNone
PossessionCloseOfEscrow, Negotiable
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 Lot18
Tenant PaysElectricity, Gas
Trash Expense120.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, WaterConnected
ViewNone
Water Sewer Expense2400.0
Year Built1963
Year Built SourcePublicRecords
ZoningR2

Exterior for 516 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 Acres0.081
Lot Size Area3528.0
Lot Size SourceEstimated
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGarageFacesRear
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#NP25105885
List Date 05/13/2025
Property Type Multi-Family
Phone 714.742.6515
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