Active
505 & 505 .5 Acacia Avenue
Corona Del Mar CA, 92625
$3,850,000
$1,203.13 per sqft
Active
6 Beds
6 Baths
3,200 sqft
Multi-family
Built in 1968
Listed by Brenda McCroskey with Compass 949-280-5563
Charming Rare South of Highway Duplex on one of the best and prettiest streets in the Village! Presenting a unique and exceptional Residential Income R2 opportunity in the heart of Corona Del Mar village, where coastal living seamlessly blends with strong investment potential. Both units are 1600 sq ft, with a Living Room, Family room, Kitchen with Breakfast Bar, Powder, and Laundry down and three bedrooms upstairs (one ensuite) and two baths, primary and one bedroom in each with walk-in closets. Rear unit even has another balcony off of the primary suite, complete with workspace/exercise area/sitting area too! Super clean with excellent tenants, whose leases run until 8/25 for the front and 6/25 for the rear. Loads of outdoor space - inviting enclosed brick front patio, balcony, and a generous side patio for each unit. With its excellent walkability, residents can easily explore the village's renowned beaches, restaurants, top-rated schools, shopping, scenic hiking trails, and nearby golf courses. Whether you're considering redevelopment or looking to enhance the cash flow of a valuable investment, this property offers all the options. This is an excellent opportunity to own a piece of coveted Corona Del Mar real estate--a combination of the beauty of our coast and excellent investment potential.
NP24253316
MLSⓇ ID
December 23, 2024
Listed
December 24, 2024
Updated
Map
505 & 505 .5 Acacia Avenue
Corona Del Mar CA, 92625
Interior Features
Total Stories
2
Bedrooms
6
Total Bathrooms
6
Full Bathrooms
3
Half Bathrooms
2
Three-Quarter Bathrooms
1
Interior Features
Ceiling Fan(s), Laminate Counters, Living Room Deck Attached, Unfurnished, All Bedrooms Up, Primary Suite, Walk-In Closet(s)
Appliances
Dishwasher, Electric Oven, Electric Range, Microwave, Water Heater
Laundry Description
Washer Hookup, Inside, Laundry Room
Floor Description
Laminate, Tile
Fireplace
Yes
Fireplace Description
Family Room, Gas Starter, Living Room
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.08 Acres
Exterior Features
Awning(s)
Lot Features
Near Park, Near Public Transit, Rectangular Lot, Street Level, Walkstreet
Architectual Style
Traditional, Patio Home
Roof
Composition
Sewer
Public Sewer
School Information
School District
Newport Mesa Unified
Other Property Details
Area Name
CS - Corona Del Mar - Spyglass
Days on Market
1
Garage
Yes
Garage Spaces
2
Parking Total
2
View
Yes
View Description
Neighborhood
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Waterfront
Yes
Listing Contact: 949-438-4340
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/24/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/24/2024 at 2:40 PM UTC