407 Heliotrope Avenue Corona Del Mar, 92625

Bedrooms:
5
Bathrooms:
4
Square Feet:
1,960 sqft
Price $4,150,000 .00
Approx /month
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Sale Price:
$4,150,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$0
Insurance: (year)
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Virtual Tour of 407 Heliotrope Avenue , Corona Del Mar 92625

Property Description

Extraordinary investment opportunity awaits in the Village of Corona del Mar with this rare gema duplex perched on a 40-by-118-foot lot, ocean side of PCH. Unveil a canvas of possibilities with this property, which comes complete with fully developed and approved plans from award winning architect Eric Aust, ready for permit acquisition. Envision the front unit boasting 2,741 square feet of living space, featuring 3 bedrooms and 3.5 baths, while the rear unit offers a gracious 1,737 square feet with 3 bedrooms and 3.5 baths. For those seeking immediate occupancy, the front unit currently presents 3 bedrooms, 3 bathrooms, and soaring high ceilings adorned with beams. A detached 3-car garage complements the property. The rear unit, ideal for rental income, features 2 bedrooms and 1 half bath. Capitalize on the existing configuration for a robust rental income stream or embrace the opportunity for a seamless renovation. This duplex not only promises a lucrative investment but also embodies the essence of Corona del Mar's coveted lifestyle. Seize the chance to elevate this property into a beacon of luxury living or harness its current allure for attractive rental income.

General Information

Listing Attribution:
Berkshire Hathaway Homeservice 949-795-2222
Listing Agent:
Carter Weir
CalBRE#:
01455381
Price:
$4,150,000
Status:
Active
Listing Updated:
2/18/2024
List Date:
1/11/2024
Close Date
Square Feet:
1,960
Bedrooms:
5
Bathrooms:
4
Garage Spaces:
3.00
Year Built:
1961
City:
Corona Del Mar
Zip:
92625
County:
Orange
MLS ID:
NP24009581
Buyer Agency Compensation:
2.250%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Home Features

Interior Features:
Beamed Ceilings, Balcony, Granite Counters, High Ceilings, All Bedrooms Down
Exterior Features:
Appliances:
Dishwasher, Gas Oven
Flooring:
Laminate, Vinyl
Laundry:
Laundry Closet, In Garage
Architectural Style:
Contemporary
Levels:
Multi/Split
Fireplace Features:
Living Room
Cooling:
None
Heating:
Central, None
Utilities:
Pool Type Features:
None
Spa Features:
None
Construction Materials:
Brick, Stucco
Roofing:
Composition
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:

Community Information

MLS Area:
CS - Corona Del Mar - Spyglass

Lot Information

Lot Size (sq feet):
4,720

Location Information

Directions:
Bayside to Heliotrope, property on left.

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

407 Heliotrope Avenue Corona Del Mar CA 92625

Property Type:
Duplex
Bedrooms:
5
Bathrooms:
4
Interior SqFt:
1960
Interior Stories:
1
Year Built:
1961

3 Closed Properties

Address
Distance/Miles
Closed Price
Details
0.34 Miles
$2,890,000
0.14 Miles
$3,275,000
0.52 Miles
$2,805,000

6 Active Properties

Address
Distance/Miles
Active Price
Details
1.21 Miles
$4,695,000
1.2 Miles
$3,200,000
1.25 Miles
$3,200,000
0 Miles
$4,150,000
0.44 Miles
$3,275,000
0.05 Miles
$4,398,000