505 Acacia Avenue new Save Request In-Person Tour Request Virtual Tour
Corona Del Mar,CA 92625
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $1,203
MLS Listing ID NP24253316
Style Townhome
Bedrooms 6
Full Baths 4
Half Baths 2
Year Built 1968
Lot Size 3,611 Sqft
Property 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 villages renowned beaches, restaurants, top-rated schools, shopping, scenic hiking trails, and nearby golf courses. Whether youre 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 estatea combination of the beauty of our coast and excellent investment potential.
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 villages renowned beaches, restaurants, top-rated schools, shopping, scenic hiking trails, and nearby golf courses. Whether youre 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 estatea combination of the beauty of our coast and excellent investment potential.
Location
State CA
County Orange
Area Oc - Corona Del Mar (92625)
Interior
Cooling Central Forced Air
Flooring Laminate,Tile
Fireplaces Type FP in Family Room,FP in Living Room,Gas Starter
Equipment Dishwasher,Microwave,Electric Oven,Electric Range
Laundry Laundry Room,Inside
Exterior
Exterior Feature Stucco
Garage Spaces 2.0
Fence Wood
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Neighborhood
Roof Type Composition
Building
Lot Description Curbs,Sidewalks
Story 2
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash,Cash To New Loan
Listing Terms Cash,Cash To New Loan
Special Listing Condition Standard