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$3,720,000
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Property Description
510 and 510 1/2 Avocado is an exceptional investment and development opportunity in one of Corona Del Mar's most desirable neighborhoods. Situated on an approximately 30' x 118' lot (3,540 sq. ft.) in the coveted Flower Streets, this existing duplex offers endless possibilities-live in as-is or lease for immediate income, renovate to maximize value, or redevelop into two custom luxury residences.
Each unit of approx. 1,500 SF features 3 bedrooms, 2 bathrooms, plus a versatile bonus room that can be used as an office, or additional living space. The upper unit enjoys ocean views and a spacious private deck, perfect for indoor-outdoor coastal living. The lower unit has a front deck off the living room with peek-a-boo ocean views. Both properties open to the coastal breeze and sunsets.
Located oceanside of Pacific Coast Highway, just two blocks from Begonia Park and across from the prestigious Irvine Terrace neighborhood, this property is also a short stroll to the shops, restaurants, and beaches of the Corona del Mar Village.
Additional highlights include:
-Great ingress/egress avoids Village traffic
-Median with 2x free street parking as other locations
-Shared two-car garage with storage space
-Stately, wide street creates feeling of openness
-Highly sought-after Flower Streets location
-Elevated lot for privacy and enhanced views
-Outstanding opportunity to remodel, hold, or build new.
This is a rare chance to own a premier property in the heart of Corona del Mar, offering exceptional lifestyle appeal and long-term investment potential.
Full Property Details
Full Property Details for 510 Avocado
General
- Sold For: $3,720,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: NP26174879
- Added to Site: 96 day(s) ago
Interior
- Rooms/Areas: Primary Bedroom, All Bedrooms Down, All Bedrooms Up, Office, Living Room, Family Room, Primary Bathroom
- Interior Features: Beamed Ceilings, High Ceilings, Ceiling Fan(s)
- Fireplace(s): Living Room
- Appliances: 6 Burner Stove, Water Heater, Refrigerator, Freezer, Dishwasher
- Flooring: Carpet, Wood
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 2
- Parking Features: Garage, Garage Faces Rear, Street
- Parking: Garage, Garage Faces Rear, Street
Location
- Area: CS - Corona Del Mar - Spyglass
- County: Orange
- Development Name: CS - Corona Del Mar - Spyglass
- Driving Directions: Apple or Google Maps
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Architectural Style: Cape Cod
- Foundation: Slab
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,194
- Year Built: 1972
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Property View: Ocean, Neighborhood
- Lot Size (Acres): 0.077
- Lot Size Source: Appraiser
- Lot Description: Rectangular Lot, 0-1 Unit/Acre, Park Nearby
Green Features
- Walk Score: 79
Financial Considerations
- Price Per Sq. Ft.: $1,164.68
- Price Per Unit: 1997500
Listed by Compass, Grant Bixby
Sold by Balboa Real Estate, Inc, Billy Long
Get Pre-Approved Today
Schools
Schools serving 510 Avocado
School District:Newport-Mesa Unified School District
| Name | Grades | Distance |
|---|---|---|
Harbor View Elementary School 900 Goldenrod Ave., Newport Beach, CA 92625 | K-6 | 0.5 mi |
Corona Del Mar High School 2101 Eastbluff Drive, Newport Beach, CA 92660 | 7-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 510 Avocado
Date
Details
Price
Change
Source
8/27/2026
Sold
$3,720,000
-6.88%
MLS
8/12/2026
Listed
$3,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
510 Avocado, Newport Beach, CA 92625 (MLS# NP26174879) is a Multi-Family property that was sold at $3,720,000 on August 27, 2026. Want to learn more about 510 Avocado? Do you have questions about finding other Multi-Family real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.

