18
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$3,850,000
Est. payment /mo
6 BD
6 BA
3,611 Sqft Lot
New
505 Acacia Avenue Corona Del Mar, CA 92625
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UPDATED:
12/24/2024 07:41 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP24253271
Bedrooms 6
HOA Y/N No
Lot Size 3,611 Sqft
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.
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)
Zoning Assessor
Interior
Cooling Central Forced Air
Exterior
Exterior Feature Stucco
Roof Type Composition
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 1-3999 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash
Space Rent $6,400
Listing Terms Cash
Listed by Brenda McCroskey • Compass
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