CA > Corona Del Mar > Corona Del Mar North Of Pch (Cnhw)
Corona Del Mar, CA 92625,705 Orchid AVE
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Corona Del Mar, CA 92625,705 Orchid AVE
Corona Del Mar, CA 92625,705 Orchid AVE
Corona Del Mar, CA 92625,705 Orchid AVE
Corona Del Mar, CA 92625,705 Orchid AVE
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Candice Blair

Candice Blair

+1(949) 466-0620
$ 3,295,000
Est. payment /mo
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Active

705 Orchid AVE Corona Del Mar, CA 92625

5 Beds

5 Baths

2,967 SqFt

UPDATED:

11/19/2024 04:20 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,967 sqft

Price per Sqft $1,110

Subdivision Corona Del Mar North Of Pch (Cnhw)

MLS Listing ID OC24196512

Bedrooms 5

Full Baths 5

HOA Y/N No

Year Built 1969

Lot Size 3,384 Sqft

Acres 0.0777

Property Description

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.

Location

State CA

County Orange

Area Cs - Corona Del Mar - Spyglass

Rooms

Other Rooms Family Room, Kitchen, Laundry, Living Room

Master Bathroom 3

Main Level Bedrooms 3

Interior

Cooling None

Fireplaces Type Family Room

Fireplace Yes

Laundry In Garage

Exterior

Garage Spaces 2.0

Pool None

Community Features Curbs, Watersports, Sidewalks

View None

Private Pool No

Building

Lot Description Landscaped

Dwelling Type Duplex

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Newport Mesa Unified

Others

Senior Community No

Special Listing Condition Standard

Confidential INFO

TERMS Cash,Cash To New Loan,Conventional

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

PRIVATE REMARKS Units are both vacant and will be sold unfurnished. Units are currently unfurnished.

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME James Vanar

SHOW CONTACT PH 949-492-8670

SHOW INSTRUCTIONS Lockbox combo for front and back lockboxes: 0527 Garage keys in rear unit lockbox. Units are both vacant and will be sold unfurnished. Units are currently unfurnished.

CRMLS Plus
Listed by Anchor West Properties, Inc.

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

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