505 & 505 .5 Acacia Avenue

Corona Del Mar, CA 92625

  • 6 Bed(s)
  • 5 Bath(s)
  • 3,200 Sqft
  • 3611
    Sqft(Lot)
$3,850,000

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 village’s renowned beaches, restaurants, top-rated schools, shopping, scenic hiking trails, and nearby golf courses. whether you’re 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 estate—a combination of the beauty of our coast and excellent investment potential.

  • Property Type

    Residential Income

  • County

    Orange

  • Style

    Traditional,Patio Home

  • AD ID

    48154101

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition
    • Exterior Property Features : Awning(s)
    • Interior Features: Ceiling Fan(s),Laminate Counters,Living Room Deck Attached,Unfurnished,All Bedrooms Up,Primary Suite,Walk-In Closet(s)
    • Property Appliances: Dishwasher,Electric Oven,Electric Range,Microwave,Water Heater
    • Fireplace: Family Room,Gas Starter,Living Room
    • Flooring: Laminate,Tile

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: Family Room,Gas Starter,Living Room
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1968
    • Building Area Total: 3,200
    • Construction: Stucco
    • Roof: Composition

    Exterior Features

    • Awning(s)

    Foundation

    • Slab

    Security Features

    • Carbon Monoxide Detector(s),Smoke Detector(s)

    Accessibility Features

    • None

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Inside,Laundry Room

    Fencing

    • Wood

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0829
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 3611

  • Listing Price Information

    • Original List Price: 3,850,000
    • Listing Contract Date: 2024-12-21

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 45909113

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: All Utilities

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: CS - Corona Del Mar - Spyglass
    • Postal Code Plus 4: 1906
    • Directions: Turn onto Acacia from PCH
    • Source Property Type: Residential Income
    • Area: CS - Corona Del Mar - Spyglass
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 56
    • Common Walls: 1 Common Wall,No One Above,No One Below
    • Structure Type: Duplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Ground
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 12/27/2024 @ 00:02

  • MLS: NP24253271
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 6 bedrooms which is for sale, it has 3,200 sqft, 3,611 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Corona Del Mar , in zip code 92625, this Orange County Home , it is in the Corona del Mar North of PCH (CNHW) Subdivision, are nearby neighborhoods.