Listing date: 2024-12-23, Last update: 2024-12-31

$3,850,000 For Sale

505 & 505 .5 Acacia Avenue, Corona Del Mar, CA 92625

  • 6Beds
  • 6Baths
  • 3,200
    sqft
  • 3,611
    sqft Lot
  • 6 Beds
  • 6 Baths
  • 3,200 sqft
  • 3,611 sqft lot
Property Highlight
Year built
1968
Listed for
10 days
Price / Home Size
$1203 / sqft
Parking
2
HOA
$0 / mo
A/C
Central Air
Home Type
Duplex(Attached)
View
Neighborhood
    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 village’s renowned beaches, restaurants, top-rated schools, shopping, scenic hiking trails, and nearby golf courses. Whether you’re 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 estate—a combination of the beauty of our coast and excellent investment potential.

Listing Provided Agent
  • • Name: Brenda McCroskey
  • • DRE: 01869273
  • • Email: brenda.mccroskey@compass.com
  • • Phone: 949-280-5563
Listing Provided Office
  • • Name: Compass
  • • Email: kathy@compass.com
  • • Phone: 949-438-4340
Source
  • • CRMLS #NP24253316crmls logo
Local Information
Home Details for 505 & 505 .5 Acacia Avenue
Interior
Features
  • Ceiling Fans, Laminate Counters, Living Room Deck Attached, Unfurnished, All Bedrooms Up, Primary Suite, Walk In Closets
  • Fireplace: Family Room, Gas Starter, Living Room
  • Flooring: 2
  • Common walls: One Common Wall, No One Above, No One Below
Appliances
  • Dishwasher, Electric Oven, Electric Range, Microwave, Water Heater
  • Laundry: Washer Hookup, Inside, Laundry Room
Bathrooms
  • 2 half bathrooms
  • 1 three quarter bathroom
  • 2 main level bathrooms
  • 3 full bathrooms
  • 6 total bathrooms
Bedrooms
  • 6 total bedrooms
Rooms
  • Bedroom, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other
Heating & Cooling
  • Heating: Central
  • Cooling: Central Air
Living Area
  • 3,200 sqft
Exterior
Features
  • Awnings
  • Home Type: Residential
  • New Construction: No
  • Levels: Two
  • Stories: 2
  • Entry Level: 1
  • Entry Location: Ground
  • Fence: Wood
  • View: Neighborhood
Parking & Garage
  • # of Parking spaces: 2
  • Garage Spaces: 2
Lot
  • Size: 3,611 sqft
  • Size source: Assessor
  • Elevation Unit: Feet
Materials
  • Stucco
  • Foundation: Slab
  • Roof: Composition
Details
  • Parcel Number: 45909113
  • Architectural Style: Traditional, Patio Home
  • Special Condition: Standard
  • Property Condition: Neighborhood, Ocean Side Of Freeway, Ocean Side Of Highway
  • # of Total unit: 2
  • Common Interest: None
  • Accessibility: None
Utilities
Utilities
  • Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water: Public
  • Sewer: Public Sewer
  • Electric: Standard
Community & HOA
Community
  • Curbs, Street Lights, Suburban, Sidewalks, Park
  • Security: Carbon Monoxide Detectors, Smoke Detectors
HOA
Property Financial History
DateEventPrice
12/23/2024Source: CRMLS #NP24253316
Listed for Sale
$ 3,850,000
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