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$2,725,000
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Property Description
This attractive duplex constructed in the mid-70s exhibits an excellent rental history with the ability for a buyer to grow in-place rents or substantially increase proforma rents through a conservative remodel.
Full Property Details
Full Property Details for 718 Iris Ave
General
- Sold For: $2,725,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: NP22214672
- Added to Site: 1, 204 day(s) ago
Interior
- Rooms/Areas: Living Room
- Fireplace(s): Living Room
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 4
- Parking Features: Garage
- Parking: Garage
Location
- Area: CS - Corona Del Mar - Spyglass
- County: Orange
- Development Name: CS - Corona Del Mar - Spyglass
- Driving Directions: 718 Iris Ave, Corona del Mar
Heating & Cooling
- Cooling Type: None
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Roof: Composition, Flat, Spanish Tile
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,000
- Year Built: 1974
Unit Information
Unit 1
- Number of Units: 2
- Total Bathrooms: 3
- Bedrooms: 3
Lot Features
- Property View: None
- Lot Size (Acres): 0.081
- Lot Size Source: Assessor
- Zoning: R2
- Lot Description: Front Yard, Landscaped
Financial Considerations
- Price Per Sq. Ft.: $908.33
- Price Per Unit: 1497500
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Schools
Schools serving 718 Iris Ave
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Harbor View Elementary School 900 Goldenrod Ave., Newport Beach, CA 92625 | K-6 | 0.1 mi |
Corona Del Mar High School 2101 Eastbluff Drive, Newport Beach, CA 92660 | 7-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 718 Iris Ave
Date
Details
Price
Change
Source
12/13/2022
Sold
$2,725,000
-9.02%
MLS
10/03/2022
Listed
$2,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
718 Iris Avenue, Corona del Mar, CA 92625 (MLS# NP22214672) is a Multi-Family property that was sold at $2,725,000 on December 13, 2022. Want to learn more about 718 Iris Avenue? Do you have questions about finding other Multi-Family 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.

