505 & 505 .5 Acacia Avenue, Corona Del Mar, CA 92625 (MLS # NP24253316)

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PRICE $3,850,000 dsIDX morgage calculator
BEDS 6
BATHS 6
HOME SIZE 3,200 sqft
LOT SIZE 3,612 sqft

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.

DAYS ON MARKET 2 LAST UPDATED 12/23/2024
TRACT Corona del Mar South of PCH (CDMS) YEAR BUILT 1968
COMMUNITY Corona Del Mar - Spyglass GARAGE SPACES 2.0
COUNTY Orange STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Newport Mesa Unified


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Electric Oven, Electric Range, Microwave, Water Heater
AREA Corona Del Mar - Spyglass
CONSTRUCTION Stucco
EXTERIOR Awning(s)
FIREPLACE Yes
GARAGE Yes
HEAT Central
HOA DUES 0
INTERIOR All Bedrooms Up, Ceiling Fan(s), Laminate Counters, Living Room Deck Attached, Primary Suite, Unfurnished, Walk-In Closet(s)
LOT 3611 sq ft
LOT DESCRIPTION Near Park, Near Public Transit, Rectangular Lot, Street Level, Walkstreet
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE Patio Home, Traditional
SUBDIVISION Corona del Mar South of PCH (CDMS)
UTILITIES Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: Standard
VIEW Yes
VIEW DESCRIPTION Neighborhood
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Ocean Side Of Freeway,Ocean Side Of Highway
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Compass

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 12/24/24 6:01 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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