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617 Iris Avenue

Corona del Mar, CA 92625

– beds
– baths
– sqft
3,311 sqft lot
1965 build
– on site

Exceptional Duplex Opportunity in Coveted Corona Del Mar – R2 Zoned Don't miss this rare opportunity to own a beautifully maintained R2-zoned duplex in the heart of Corona Del Mar. This versatile property features two spacious units, each offering four bedrooms across two stories, ideal for short-term rental income, long-term tenants, or future redevelopment into luxury condos or a spectacular custom home. Property Highlights: Two Fully Furnished Units – Each unit includes 4 bedrooms and 2 bathrooms with expansive, open-concept living spaces. Permitted Short-Term Rental – Operates successfully as a fully furnished STR with city permits already in place. Modern Comforts – Near-new air conditioning, forced-air furnaces, double-pane Milgard windows and sliders, and two high-speed EV charging stations. Green Energy Ready – Two separate sets of solar panels help minimize utility costs. Outdoor Living – Front unit features a large private patio with brand-new decking and elegant wrought iron railing—perfect for entertaining or relaxing. Garage & Parking – Shared double garage with ample additional street parking. Prime Location – Walking distance to Grant Howald Park and the Community Youth Center; just minutes to the beach, top-rated schools, fine dining, shops, and services. Spacious and Comfortable Living Each unit offers generously sized bedrooms, including large master suites, and flowing floor plans ideal for families or group rentals. Natural light floods the interiors, enhancing the home's coastal charm. Whether you're an investor seeking turnkey rental income, a developer looking for your next project, or a homeowner envisioning a dream estate in one of Newport Beach’s most desirable neighborhoods—this property delivers.

Listed By CRMLS_CA / Ernie Caponera / Newport Properties / 714-606-0926

Last checked: Checking… • Last updated Jun 22, 2025 •

MLS# NP25139099 —

The Building

Year Built:

1965
Year Built Source:

Estimated
New Construction:

No
Construction Materials:

Frame, Stucco
Building Area Total:

3620.00
Building Area Units:

Square Feet
Total Number Of Units:

2
# of Buildings:

1
Architectural Style:

Mid Century Modern
Roof:

Composition
Foundation:

Slab
Exterior Features:

Rain Gutters
Stories Total:

2
Entry Level:

1
Number With Patio:

2
Accessibility Features:

32 Inch Or More Wide Doors, Parking
Common Walls:

1 Common Wall
# of Separate Gas Meters:

2
# of Separate Water Meters:

1
# of Separate Electric Meters:

2

Interior

Features:

Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Furnished, High Ceilings, Open Floorplan
Levels:

Two
Entry Location:

1
Window Features:

Double Pane Windows, Screens
Flooring:

Laminate, Tile
Room Type:

All Bedrooms Up, Family Room, Great Room, Laundry, Living Room, Primary Bathroom, Primary Bedroom
Fireplace:

Yes
Fireplace:

Electric
Laundry:

Gas Dryer Hookup, Inside, Washer Hookup
Laundry:

1

Financial & Terms

Disclosures:

Home Warranty, Principal Is RE Licensed

Location

Directions:

Iris Ave between Fourth and Third Avenues
Latitude:

33.60047700
Longitude:

-117.87097900

The Property

Property Type:

Residential Income
Subtype:

Duplex
Lot Features:

0-1 Unit/Acre
Lot Size Area:

3311.0000
Lot Size Dimensions:

30x110
Lot Size Acres:

0.0760
Lot Size SqFt:

3311.00
Lot Size Source:

Estimated
Lot Dimensions Source:

Estimated
Fencing:

None
Fence:

No
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)
Road Frontage:

City Street
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

635
Tax Census Tract:

627.02
Tax Tract:

186
Tax Lot:

17

The Listing

Special Listing Conditions:

Standard
Parcel Number:

45905220

Heating & Cooling

Heating:

1
Heating:

Forced Air
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Water Connected
Sewer:

Public Sewer
Electric:

220 Volts in Garage, Electricity - On Property
Water Source:

Public

Appliances

Appliances:

Built-In Range, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Water Heater
Included:

Yes

The Community

Subdivision:

Corona del Mar North of PCH (CNHW)
Subdivision:

Corona del Mar North of PCH (CNHW)
Neighborhood:

Village
Features:

Biking, Curbs, Hiking, Park, Sidewalks, Storm Drains
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Buyer to Verify, Unknown

Parking

Parking:

Yes
Parking:

Garage
Parking Spaces:

2.00
Garage Spaces:

2.00

Extra Units

Number With Disposal:

2
Number With Dishwasher:

2
Number With Refrigerator:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/22/25 Jun 22, 2025	Listed / Active	CRMLS_CA	$3,200,000

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This multifamily located in Corona del Mar, Newport Beach, CA 92625 is currently for sale for $3,200,000. 617 Iris Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 617 Iris Avenue is in the Corona del Mar neighborhood of Newport Beach and has a WalkScore® of 94, making it a walker’s paradise. This multifamily is in the attendance area of Corona Del Mar High School.

Listing Courtesy of: CRMLS_CA and Newport Properties. Based on information from California Regional Multiple Listing Service, Inc. as of 14:17 on Jun 22.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.