CA > Corona Del Mar > Corona Del Mar North Of Pch (Cnhw)
Corona Del Mar, CA 92625,705 Orchid AVE
Corona Del Mar, CA 92625,705 Orchid AVE
Corona Del Mar, CA 92625,705 Orchid AVE
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$3,295,000
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5 BD
5 BA
2,967 SqFt
Active

705 Orchid AVE Corona Del Mar, CA 92625

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Jenny Wu

Jenny Wu

+1(909) 569-8888

UPDATED:

11/19/2024 05:21 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,967 sqft

Price per Sqft $1,110

Subdivision Corona Del Mar North Of Pch (Cnhw)

MLS Listing ID OC24196512

Bedrooms 5

Full Baths 5

HOA Y/N No

Year Built 1969

Lot Size 3,384 Sqft

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.

Location

State CA

County Orange

Area Cs - Corona Del Mar - Spyglass

Rooms

Main Level Bedrooms 3

Interior

Cooling None

Fireplaces Type Family Room

Fireplace Yes

Laundry In Garage

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Sidewalks, Water Sports

View Y/N No

View None

Attached Garage No

Total Parking Spaces 2

Private Pool No

Building

Lot Description Landscaped

Dwelling Type Duplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 45907213

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by James Vanar • Anchor West Properties, Inc. • 949-392-3242

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Jenny Wu

Agent | License ID: 01817291

+1(909) 569-8888

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705 Orchid AVE

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