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707 Narcissus Avenue

Corona del Mar, CA 92625

$3,200,000 Sale Price
Est. Payment: $ 0/mo
5
Bed
4
Bath
2,350 Sq. Ft.
$1,394 / Sq. Ft.
Sold

707 Narcissus Avenue

Corona del Mar, CA 92625

Sold
$3,200,000 Sale Price
$0/mo
5
Bed
4
Bath
2,350
Sq. Ft.
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
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $3,493
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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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

Topfind Realty

REALTOR®

(844)-333-8033

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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.
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