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705 Narcissus Avenue, Corona del Mar, CA 92625
$3,000,000
705 Narcissus Avenue, Corona del Mar, CA 92625View this property at 705 Narcissus Avenue, Corona del Mar, CA 92625
705 Narcissus AvenueCorona del MarCA92625
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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.
Full Property Details
Full Property Details for 705 Narcissus Ave
General
- Sold For: $3,000,000
- Status: Closed
- Type: Duplex
- MLS ID: OC23132107
- Added to Site: 283 day(s) ago
Interior
- Rooms/Areas: Living Room
- Fireplace: Yes
- Fireplace(s): Living Room
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Orange
- Subdivision: Corona del Mar North of PCH (CNHW)
- Driving Directions: Narcissus & 4th
School Information
- School District: Newport Mesa Unified
Community
- Community Features: Gutters, Sidewalks
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Common Walls: 1 Common Wall
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,000
- Sq. Ft. Source: Estimated
- Year Built: 1960
- Year Built Source: Estimated
Lot Features
- Property View: None
- Lot Size (Acres): 0.08
- Lot Size Source: Assessor
- Lot Description: Front Yard, Garden, Level
Financial Considerations
- Price Per Sq. Ft.: $1,500
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Special Conditions: Standard
Listed by Anchor West Properties, Inc., James Vanar
Sold by HomeSmart, Evergreen Realty, Hayedeh Kalanaki
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Schools
Schools serving 705 Narcissus Ave
School District:Newport-Mesa Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
900 Goldenrod Ave, Corona Dl Mar, CA 92625 | K-6 | 0.4 mi | |
2101 Eastbluff Dr, Newport Beach, CA 92660 | 7-12 | 2.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 705 Narcissus Ave
Date
Details
Price
Change
Source
4/19/2024
Sold
$3,000,000
-6.1%
MLS
2/05/2024
Price Reduced
$3,195,000
-2.44%
MLS
12/08/2023
Price Reduced
$3,275,000
-2.24%
MLS
7/19/2023
Listed
$3,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
705 Narcissus Avenue, Corona del Mar, CA 92625 (MLS# OC23132107) is a Duplex property that was sold at $3,000,000 on April 19, 2024. Want to learn more about 705 Narcissus Avenue? Do you have questions about finding other Duplex real estate for sale in Corona del Mar? You can browse all Corona del Mar real estate or contact a Coldwell Banker agent to request more information.