Active
407 Heliotrope Avenue
Corona del Mar CA, 92625
$3,995,000
$2,038.27 per sqft
Active
5 Beds
2.5 Baths
1,960 sqft
Multi-family
Built in 1961
Listed by Carter Weir with Berkshire Hathaway Homeservice 949-723-7080
Extraordinary investment opportunity awaits in the Village of Corona del Mar with this rare gem--a duplex perched on a 40-by-118-foot lot, ocean side of PCH. Unveil a canvas of possibilities with this property, which comes complete with fully developed and approved plans from award winning architect Eric Aust, ready for permit acquisition. Envision the front unit boasting 2,741 square feet of living space, featuring 3 bedrooms and 3.5 baths, while the rear unit offers a gracious 1,737 square feet with 3 bedrooms and 3.5 baths. For those seeking immediate occupancy, the front unit currently presents 3 bedrooms, 3 bathrooms, and soaring high ceilings adorned with beams. A detached 3-car garage complements the property. The rear unit, ideal for rental income, features 2 bedrooms and 1 half bath. Capitalize on the existing configuration for a robust rental income stream or embrace the opportunity for a seamless renovation. This duplex not only promises a lucrative investment but also embodies the essence of Corona del Mar's coveted lifestyle. Seize the chance to elevate this property into a beacon of luxury living or harness its current allure for attractive rental income.
NP24009581
MLSⓇ ID
January 11, 2024
Listed
April 26, 2024
Updated
Map
407 Heliotrope Avenue
Corona del Mar CA, 92625
Interior Features
Total Stories
1
Bedrooms
5 Beds
Bathrooms
2.5 Baths
Interior Features
Beamed Ceilings, Balcony, Granite Counters, High Ceilings, All Bedrooms Down
Appliances
Dishwasher, Gas Oven
Laundry Description
Laundry Closet, In Garage
Floor Description
Laminate, Vinyl
Fireplace
Yes
Fireplace Description
Living Room
Cooling
No
Cooling Description
None
Heating
No
Heating Description
Central, None
Exterior/Building Features
Lot Size
0.11 Acres
Lot Features
Sprinkler System, Sloped Up
Architectual Style
Contemporary
Roof
Composition
Sewer
Public Sewer
School Information
School District
Newport Mesa Unified
High School
Corona Del Mar
Elementary School
Harbor View
Other Property Details
Area Name
CS - Corona Del Mar - Spyglass
Days on Market
95
Garage
Yes
Garage Spaces
3
Parking
Door-Multi, Garage
Parking Total
3
View
Yes
View Description
Neighborhood, Peek-A-Boo
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Waterfront
Yes
Buyer Agency Compensation
2.25%
Listing History
Date | Event | Price |
|---|---|---|
4/26/2024 | Active | — |
4/8/2024 | Under Contract | — |
3/27/2024 | Price Change | $3,995,000 -4% |
Listing Contact: 949-723-7080
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/26/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 4/26/2024 at 10:10 PM UTC