705 Orchid Avenue

Corona Del Mar, CA 92625

  • 5 Bed(s)
  • 5 Bath(s)
  • 2,967 Sqft
  • 3385
    Sqft(Lot)
$3,295,000

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.

  • Property Type

    Residential

  • County

    Orange

  • Style

    Residential

  • AD ID

    47023411

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Property Details

  • Bedroom Information

    • Total Bedrooms : 5

    Bathroom Information

    • Total Baths: 5
    • Full Baths: 5

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: Family Room

    Cooling Features

    • None
    • Air Conditioning

    Fireplace

    • Fireplace Features: Family Room
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1969

    Pool Features

    • None

    Laundry Features

    • In Garage

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0777
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 3385

  • Listing Price Information

    • Original List Price: 3,295,000
    • Listing Contract Date: 2024-09-20

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 45907213

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: CS - Corona Del Mar - Spyglass
    • Postal Code Plus 4: 2428
    • Directions: Orchid & 4th
    • Source Property Type: Residential
    • Area: CS - Corona Del Mar - Spyglass
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 55
    • Common Walls: No Common Walls
    • Structure Type: Duplex
    • Year Built Source: Assessor
    • Total Square Feet Living: 2967
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: Two
    • Building Total Stories: 2
    • Structure Type: Duplex
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BuyOwner last updated this listing 11/21/2024 @ 12:26

  • MLS: OC24196512
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is for sale, it has 2,967 sqft, 3,385 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 South of PCH (CDMS) Subdivision, are nearby neighborhoods.