• 407 Heliotrope Avenue Corona del Mar, CA 92625

  • $3,995,000
  • 5
    Bed(s)
  • 1
    Baths
  • 1,960
    Sq Ft
  • 4720
    Sqft
  • Listed By: Carter Weir, Berkshire Hathaway Homeservice, DRE #01455381
  • Source: CRMLS

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.

Property Type :

Residential

Subdivision :

Fallbrook

County :

Orange

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 5

Bathroom Information

Total Baths: 4

Full Baths: 1

Half Baths: 3

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Roof : Composition

Interior Features: Beamed Ceilings,Balcony,Granite Counters,High Ceilings,All Bedrooms Down

Property Appliances: Dishwasher,Gas Oven

Fireplace: Living Room

Flooring: Laminate,Vinyl

Cooling Features

None

Air Conditioning

Heating Source

Central,None

Has Heating

Fireplace

Fireplace Features: Living Room

Has Fireplace: 1

Building Information

Year Built: 1961

Construction: Brick,Stucco

Roof: Composition

Foundation

Slab

Security Features

Smoke Detector(s)

Pool Features

None

Laundry Features

Laundry Closet,In Garage

Patio And Porch

Patio

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1084

Lot Size Dimensions: 40x118

Lot Size Source: Assessor

Lot Size Square Feet: 4720

Listing Price Information

Original List Price: 3,995,000

Listing Contract Date: 2024-01-11

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 45917214

Garage and Parking

Garage Description: Door-Multi,Garage

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: 2922

Directions: Bayside to Heliotrope, property on left.

Source Property Type: Residential

Area: CS - Corona Del Mar - Spyglass

Property SubType: Duplex

Building and Construction

Property Age: 63

Common Walls: No Common Walls

Structure Type: Duplex

Year Built Source: Public Records

Total Square Feet Living: 1960

Entry Level: 1

Entry Location: street

Levels or Stories: Multi/Split

Structure Type: Duplex

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2701 Shell Street, Corona Del Mar, CA,92625 $19,995,000 5 6 5,276 8125 Sqft
3541 Lilac Avenue #42, Corona Del Mar, CA,92625 $8,250 2 2 1,800 --
601 Poinsettia Avenue, Corona Del Mar, CA,92625 $9,000 2 2 1,213 3440 Sqft
3000 Breakers Drive, Corona Del Mar, CA,92625 $7,975,000 3 2 2,485 2929 Sqft
2209 Bayside Drive, Corona Del Mar, CA,92625 $31,999,000 5 7 8,278 12286 Sqft
1912 Kewamee Drive, Corona Del Mar, CA,92625 $9,975,000 5 5 5,445 11021 Sqft
221 Carnation Avenue, Corona Del Mar, CA,92625 $8,500,000 3 3 2,663 --
1831 Seadrift Drive, Corona Del Mar, CA,92625 $4,799,000 5 2 2,878 8625 Sqft
504 Avocado Avenue #1/2, Corona Del Mar, CA,92625 $1,498,000 1 -- 799 --
407 Heliotrope Avenue, Corona Del Mar, CA,92625 $3,995,000 5 3 1,960 4720 Sqft

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ByOwner last updated this listing 05/08/2024 @ 17:52

MLS: NP24009581
LISTED BY: Carter Weir, Berkshire Hathaway Homeservice
SOURCE: CRMLS
Buyer Agency Compensation: 2.25%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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