714-914-4996

705 Orchid Avenue,
Corona del Mar, CA 92625

$3,295,000

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Jansen Team

Jansen Team

714-914-4996

rob@jansen-team.com

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.

Basic Information

MLS #:
OC24196512
Price:
$3,295,000
Price
(per sq ft):
$1,110.00
Address:
705 Orchid Avenue ,
Corona del Mar, CA 92625
MLS Area:
CS - Corona Del Mar - Spyglass
Subdivision:
Corona del Mar North of PCH (CNHW)
Property
Type:
Duplex
Days on Market:
61
Status:
Active
Bedrooms:
5
Bathrooms:
5
Full Baths:
5
Size (sq ft):
2,967 sq ft
Lot Size:
3,385 sq ft
Year Built:
1969
Sale Type:
Standard

Rooms in Home

Rooms:
Family Room, Kitchen, Laundry, Living Room
Eating Area:
Laundry:
In Garage
Entry Location:
1

Interior Features

Fireplace:
Family Room
Cooling:
None
Heating:
Floor:
Appliances:
Interior Features:
Security:
Accessibility:

Garage and Parking

Garage:
Detached
Garage:
2 Spaces
Carport:
0 Spaces
Parking:

Home Owners Association

HOA Dues 1:
$0.00 /
HOA Dues 2:
$
HOA Amenities: 

Utilities

Water:
Public
Utilities:

School Information

District:
Newport Mesa Unified
Elementary:
Middle:
High:

Exterior Features

Pool:
None
Spa:
Patio:
View:
None
Construction:
Foundation:
Roof:
Windows:
Common Walls:
No Common Walls
Levels:
Two
Lot Features:
Landscaped

Additional Information

County:
Orange
Senior Community:
No
Community Features:
Curbs, Watersports, Sidewalks
Other Structures:
Structure Condition:
Direction Faces:
Listed by:
Anchor West Properties, Inc. , James Vanar , 01389279
Co-Listed:
Last
Updated:
11/21/2024 1:34 AM

705 Orchid Avenue,
Corona del Mar, CA 92625

Jansen Team
Real Estate

Rob Jansen, Broker

California Office

Phone: 714-914-4996

4000 Barranca Parkway, Suite 250
Irvine, CA 92604

Email: rob@jansen-team.com

Idaho Office

Phone: 208-360-5198

2184 Channing Way , # 324
Idaho Falls, ID 83404

CA-Lic#01799964, ID-Lic#PR54424 ■ © 2023 Copyright Jansen Team Real Estate ■ Equal Housing Opportunity

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