Located in the heart of the Corona del Mar village, this turnkey multi-unit property provides a unique and flexible investment opportunity rarely available in CDM. The front unit is approx. 1,250 sq. ft. with 3 bedrooms, 2 bathrooms. Hardwood floors, stainless steel appliances, fireplace and a large front patio are some of the many features that highlight the open and bright floor plan. The designer perfect back unit is approx. 1,300 sq. ft. with 2 bedrooms and 2.5 bathrooms and extensive renovations throughout. There is also an approx. 500 sq. ft. studio with a kitchen, bathroom with a tub/shower combo and a large walk-in closet. An oversized approx. 1,000 sq. ft. oversized garage with separate laundry areas complete the offering. Situated on the South side of PCH and centrally located to award-winning restaurants, shops, weekend farmer’s market and the world-class beaches that make Corona del Mar one of the best beach towns in the world.
Sold for $3,225,000 on 08/25/23
Listing Provided by:
Jon-Paul Bell DRE #01822118 jpbell@pacificsir.com,
Pacific Sotheby's Int'l Realty
Bought with: Pacific Sotheby's Int'l Realty
$3,225,000
423 Iris Ave, Corona Del Mar, CA 92625
6beds
3,050sqft
Triplex
Built in 1979
-- sqft lot
$-- Zestimate®
$1,057/sqft
$7,761 Estimated rent
Home value
Not available
Estimated sales range
Not available
$7,761/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 25, 2023 at 03:09pm
Listing Provided by:
Jon-Paul Bell DRE #01822118 jpbell@pacificsir.com,
Pacific Sotheby's Int'l Realty
Bought with:
Jon-Paul Bell, DRE #01822118
Pacific Sotheby's Int'l Realty
Source: CRMLS,MLS#: NP23071698
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Heating
- Forced Air
Cooling
- Central Air, See Remarks
Appliances
- Laundry: In Garage, Laundry Room
Features
- Breakfast Bar, Breakfast Area, High Ceilings, Walk-In Closet(s)
- Flooring: Wood
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,050 sqft
Property
Parking
- Total spaces: 4
- Parking features: Direct Access, Door-Single, Garage, Garage Door Opener, Garage Faces Rear, On Street, Tandem
- Attached garage spaces: 4
Accessibility
- Accessibility features: Safe Emergency Egress from Home
Features
- Levels: Two,Multi/Split
- Stories: 2
- Entry location: front side garage
- Patio & porch: Concrete, Enclosed, Open, Patio
- Pool features: None
- Spa features: None
- Fencing: Stucco Wall
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 3,550 sqft
- Features: Near Park
Details
- Parcel number: 45918219
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Triplex
Materials
- Roof: Composition
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1979
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Other
- Utilities for property: Cable Connected, Electricity Connected, Other, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Biking, Curbs, Dog Park, Fishing, Golf, Gutter(s), Hiking, Street Lights, Sidewalks, Water Sports, Park
Location
- Region: Corona Del Mar
- Subdivision: Corona Del Mar South Of Pch (Cdms)
Other
Other facts
- Listing terms: Cash to New Loan
- Road surface type: Alley Paved, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2023 | Sold | $3,225,000-5%$1,057/sqft |
Source:  CRMLS #NP23071698 | ||
| 8/15/2023 | Pending sale | $3,395,000$1,113/sqft |
Source: CRMLS #NP23071698 | ||
| 7/12/2023 | Contingent | $3,395,000$1,113/sqft |
Source: CRMLS #NP23071698 | ||
| 6/22/2023 | Price change | $3,395,000-5.6%$1,113/sqft |
Source: CRMLS #NP23071698 | ||
| 6/1/2023 | Price change | $3,595,000-2.7%$1,179/sqft |
Source: CRMLS #NP23071698 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Corona del Mar
Nearby schools
GreatSchools rating
- 8/10Harbor View Elementary SchoolGrades: K-6Distance: 0.4 mi
- 8/10Corona Del Mar High SchoolGrades: 7-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Harbor View
- Middle: Corona Del Mar
- High: Corona Del Mar
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.