705 Orchid Avenue, Corona Del Mar, CA 92625

Corona Del Mar, CA 92625,705 Orchid Avenue

See all 31 photos

31 photos

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Glen Henderson

[email protected] +1(619) 889-7646

$3,295,000

Est. payment - /mo

5 Beds

5 Baths

2,967 SqFt

Save

UPDATED:

09/26/2024 04:25 PM

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 2,967 sqft

Price per Sqft $1,110

MLS Listing ID OC24196512

Style Townhome

Bedrooms 5

Full Baths 5

HOA Y/N No

Year Built 1969

Lot Size 3,385 Sqft

Acres 0.0777

Type of Financing Cash,Conventional,Lease Option,Cash To New Loan

Property 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.
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.

Location

State CA

County Orange

Area Oc - Corona Del Mar (92625)

Interior

Fireplaces Type FP in Family Room

Laundry Garage

Exterior

Garage Spaces 2.0

Total Parking Spaces 2

Building

Lot Description Curbs, Sidewalks, Landscaped

Story 2

Lot Size Range 1-3999 SF

Sewer Public Sewer

Water Public

Level or Stories 2 Story

Others

Monthly Total Fees $44

Acceptable Financing Cash, Conventional, Lease Option, Cash To New Loan

Listing Terms Cash, Conventional, Lease Option, Cash To New Loan

Special Listing Condition Standard

CFD/Mello-Roos Fee $537

Read Less Info

Listed by James Vanar • Anchor West Properties, Inc.

Get More Information

Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

705 Orchid Avenue Corona Del Mar, CA 92625

Glen Henderson

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information