705 Orchid Avenue
Corona del Mar, CA 92625
- 5 beds
- 5 baths
- 2,967 sqft
- 3,385 sqft lot
- $1,144 per sqft
- 1969 build
- – on site
Welcome to the gorgeous seaside community of Corona Del Mar, where the allure of luxurious beach living coupled with world class shopping & dining, 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 lovely central courtyard separating the front and rear units, and community laundry in the two car 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.
Listed By CRMLS_CA / James Vanar / Anchor West Properties, Inc. / 949-392-3242
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Last updated May 25, 2024
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MLS# OC24098930 —
This property is listed in more than one place. See it here.
Walk Score®
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Bike Score®
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Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
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Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Max Internet Speed
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/16/24
May 16, 2024
|
Listed / Active | CRMLS_CA | $3,395,000 |