707 Narcissus Avenue
Corona del Mar, CA 92625
Sold
707 Narcissus Avenue
Corona del Mar, CA 92625
Sold
Welcome to the fabulous seaside community of Corona Del Mar, where the allure of luxurious beach living coupled with world class shopping & dining, 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: 2 bedroom 1 bathroom in the picture-perfect front cottage, and 3 bedrooms & 3 bathrooms in the rear unit. The property has a lovely central courtyard separating the front and rear units, community laundry, and a two car garage. Front unit has a lease through Summer of 2024 and rear is month-to-month. The property is being sold as-is. This duplex is being offered for sale individually, or with the truly unique opportunity to purchase the neighboring duplex at 705 Narcissus at the same time! Our firm has both properties listed for sale so please call to discuss this option. From a re-development perspective, the subject property is an ideal candidate for redevelopment individually or simultaneously with neighboring 705 Narcissus. 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.
PROPERTY INFORMATION
| MLS # | OC23133077 | Lot Size | 3,615 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 3,275,000
Price Per SqFt: $ 1,394 |
DOM | 840 Days |
| Address | 707 Narcissus Avenue | Type | Residential |
| City | Corona del Mar | Sq.Ft. | 2,350 Sq. Ft. |
| Postal Code | 92625 | Garage | 2 |
| County | Orange | Year Built | 1955 |
| Bed / Bath | 5 / 4 | Parking | 2 |
| Built In | 1955 | Status | Closed |
| Sold Date | 2024-04-01 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community |
| Has Fireplace | Yes |
| Fireplace Information | Living Room |
| Room Information | Family Room, Living Room |
| Has Cooling | No |
| Cooling Information | None |
| EntryLocation | 1 |
| Entry Level | 1 |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 2 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $3,493
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 04/01/2024 | Sold | $3,200,000 |
| 02/26/2024 | Pending | $3,275,000 |
| 02/02/2024 | Active Under Contract | $3,275,000 |
| 12/08/2023 | Price Change (Relisted) | $3,275,000 (-2.24%) |
| 10/17/2023 | Relisted | $3,350,000 |
| 08/02/2023 | Active Under Contract | $3,350,000 |
| 07/19/2023 | Listed | $3,350,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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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.