Back To Search
705 Orchid Avenue
Corona del Mar, CA 92625
Welcome to the gorgeous seaside community of Corona Del Mar! World class shopping, entertainment & dining, coupled with beautiful weather all year makes this coastal paradise extremely attractive to discerning homebuyers, capable developers, and savvy investors! Just a few short blocks to downtown CDM & to the beach, this beautiful duplex offers two spacious units: A 3 bedroom 3 bathroom in the picture-perfect front cottage, and 2 bedrooms & 2 bathrooms in the rear unit. The property has a two car garage, a lovely central courtyard separating the front and rear units, and community laundry in the garage (separate hookups for each unit). 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.
PROPERTY INFORMATION
| MLS # | OC24196512 | Lot Size | 3,385 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 3,295,000
Price Per SqFt: $ 1,111 |
DOM | 406 Days |
| Address | 705 Orchid Avenue | Type | Residential |
| City | Corona del Mar | Sq.Ft. | 2,967 Sq. Ft. |
| Postal Code | 92625 | Garage | 2 |
| County | Orange | Year Built | 1969 |
| Bed / Bath | 5 / 5 | Parking | 2 |
| Built In | 1969 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | In Garage |
| Has Fireplace | Yes |
| Fireplace Information | Family Room |
| Room Information | Family Room, Kitchen, Laundry, Living Room |
| Has Cooling | No |
| Cooling Information | None |
| EntryLocation | 1 |
| Entry Level | 1 |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 3 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $3,515
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/20/2024 | Listed | $3,295,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
Use a Topfind agent and receive a cash rebate of up to $32,950
Corona Del Mar Similar Properties
Listing provided courtesy of James Vanar, Anchor West Properties, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
