505 Acacia Avenue new

Corona Del Mar,CA 92625

$ 3850000

6 Beds

6 Baths

3200 SqFt


Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $1,203

MLS Listing ID NP24253316

Style Townhome

Bedrooms 6

Full Baths 4

Half Baths 2

HOA Y/N No

Year Built 1968

Lot Size 3,611 Sqft

Acres 0.0829

Property Description

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 villages renowned beaches, restaurants, top-rated schools, shopping, scenic hiking trails, and nearby golf courses. Whether youre 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 estatea combination of the beauty of our coast and excellent investment potential.
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 villages renowned beaches, restaurants, top-rated schools, shopping, scenic hiking trails, and nearby golf courses. Whether youre 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 estatea combination of the beauty of our coast and excellent investment potential.

Location

State CA

County Orange

Area Oc - Corona Del Mar (92625)

Interior

Interior Features Laminate Counters,Living Room Deck Attached,Unfurnished

Cooling Central Forced Air

Flooring Laminate,Tile

Fireplaces Type FP in Family Room,FP in Living Room,Gas Starter

Equipment Dishwasher,Microwave,Electric Oven,Electric Range

Appliance Dishwasher,Microwave,Electric Oven,Electric Range

Laundry Laundry Room,Inside

Exterior

Exterior Feature Stucco

Garage Spaces 2.0

Fence Wood

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

View Neighborhood

Roof Type Composition

Total Parking Spaces 2

Building

Lot Description Curbs,Sidewalks

Story 2

Lot Size Range 1-3999 SF

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2 Story

Others

Miscellaneous Suburban

Acceptable Financing Cash,Cash To New Loan

Listing Terms Cash,Cash To New Loan

Special Listing Condition Standard

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