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705 Narcissus Avenue

Corona Del Mar, CA 92625
  • $3,195,000
  • STATUS: Pending
  • ON SITE: 272 Days
  • ID#: OC23132107
Pending
$3,195,000
  • 4
    BEDS
  • 0.08
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,000
    SQFT
  • $1,598
    $/SQFT
Type:
Single-Family Home
Built:
1960
County:

School Ratings & Info

School District:
Listing Agent(s): James Vanar of Anchor West Properties, Inc. (949-492-8670)


Description

Welcome to the stunning seaside community of Corona Del Mar, where the perfect blend of coastal charm and luxurious living makes this coastal paradise extremely attractive to discerning homebuyers, capable developers, and savvy investors! Nestled amidst palm-fringed streets and just a short walk into town or to the beach, this exceptional duplex offers two spacious 2 bedroom 1 bathroom units, with a beautiful central courtyard separating the front and rear units, community laundry, and a two car garage. Both units have leases through Summer of 2024 (front and rear). The property is being sold as-is.From a re-development perspective, the subject property is an ideal candidate for redevelopment. The city of Newport Beach launched an incentive program for the preservation of beach cottages on January 25, 2022, which allows owners to build substantial additions (up to 50 percent of the existing floor area or a maximum of 750 square feet) without providing the minimum code-required parking. Only the structure affected by the renovation/addition will have to comply with current building code standards. Refer to city website for more details. Showings will only be scheduled with qualified offers, and will be made by appointment only, do not disturb tenants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-04T00:30:31.55. 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 deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
www.reiferhomes.com/homes/141630264
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705 Narcissus Avenue Corona Del Mar, CA 92625

  • Price: $3,195,000
  • Status: Pending
  • On Site: 272 Days
  • ID#: OC23132107
4
Beds
2
Baths
0
½ Baths
0.08
Acres
2,000
SQFT
$1,598
$/SQFT
1960
Built
Neighborhood:
Corona Del Mar North Of Pch (Cnhw)
County:
Orange
Area:
CS - Corona Del Mar - Spyglass
School District:
Newport Mesa Unified
Property Description
Welcome to the stunning seaside community of Corona Del Mar, where the perfect blend of coastal charm and luxurious living makes this coastal paradise extremely attractive to discerning homebuyers, capable developers, and savvy investors! Nestled amidst palm-fringed streets and just a short walk into town or to the beach, this exceptional duplex offers two spacious 2 bedroom 1 bathroom units, with a beautiful central courtyard separating the front and rear units, community laundry, and a two car garage. Both units have leases through Summer of 2024 (front and rear). The property is being sold as-is.From a re-development perspective, the subject property is an ideal candidate for redevelopment. The city of Newport Beach launched an incentive program for the preservation of beach cottages on January 25, 2022, which allows owners to build substantial additions (up to 50 percent of the existing floor area or a maximum of 750 square feet) without providing the minimum code-required parking. Only the structure affected by the renovation/addition will have to comply with current building code standards. Refer to city website for more details. Showings will only be scheduled with qualified offers, and will be made by appointment only, do not disturb tenants.
Exterior Features

Attached Garage YN Yes Entry Level 1 Entry Location 1 Lot Features Front YardGardenLevel Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes View None View YN No

Interior Features

Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Main Level Bathrooms 1 Main Level Bedrooms 2

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Gutter(s)Sidewalks Garage YN Yes Land Lease YN No Laundry Features Common Area Lease Considered YN Yes Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan New Construction YN No Property Sub Type Duplex Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Duplex Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-04T00:30:31.55. 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 deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
 
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COMPASS
6930 Indiana Ave, Suite 1
Riverside CA, 92506
Listing Agent(s): James Vanar of Anchor West Properties, Inc. (949-492-8670)