504 Avocado Avenue 1/2 Corona Del Mar, 92625

Bedrooms:
1
Bathrooms:
1
Square Feet:
799 sqft
Price $1,575,000 .00
Approx /month
Get More Details
Sale Price:
$1,575,000
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 504 Avocado Avenue 1/2, Corona Del Mar 92625

Property Description

Calling All INVESTORS, 1031 Exchanges, and Southern California Beach Lovers. This property embodies Beach and CDM Village living at its BEST with NO HOAs - bonus for investors, it has an active Short Term Rental Permit. This detached freestanding one-bedroom home with additional flex space (used as an office with a separate entrance) is quality personified. The cottage features a fantastic open floor plan with many upgrades and exquisite details to help you live your best life. Wood floors, granite kitchen counters, stainless steel appliances, farmhouse kitchen sink, custom cabinets, overhead lighting, elegant marble bathroom, and a spacious primary bedroom (comfortably fits a King bed) with a custom closet are just a few upgrades. A stackable washer and dryer are located inside the home, off the hall, for convenience. A spacious front-covered indoor and outdoor balcony adds to the charm. There is an extra-large one-car garage and an additional flex space for a separate office or a chill room. This home is on the south side of the highway in Corona del Mar., Close to Goldenrod Foot Bridge for beach access, and some of the best restaurants and shops in Orange County are just minutes away. Fashion Island is just up the street. John Wayne Airport is a quick UBER ride away. The property has a coveted and current short-term rental permit for a savvy real estate investor or someone who would like to enjoy beach living and appreciate some short-term rental income.

General Information

Listing Attribution:
Compass 949-632-6402
Listing Agent:
Jennifer Wong
CalBRE#:
01256649
Price:
$1,575,000
Status:
Active
Listing Updated:
2/18/2024
List Date:
12/18/2023
Close Date
Square Feet:
799
Bedrooms:
1
Bathrooms:
1
Garage Spaces:
1.00
Year Built:
1948
City:
Corona Del Mar
Zip:
92625
County:
Orange
MLS ID:
NP23227520
Buyer Agency Compensation:
2.500%
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:
Balcony, Ceiling Fan(s), Granite Counters, Living Room Deck Attached, Open Floorplan, All Bedrooms Up, Walk-In Closet(s)
Exterior Features:
Appliances:
Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
Flooring:
Stone, Wood
Laundry:
Inside, Laundry Closet
Architectural Style:
Bungalow, Cottage, Traditional
Levels:
Two
Fireplace Features:
None
Cooling:
Wall/Window Unit(s)
Heating:
Forced Air
Utilities:
Pool Type Features:
None
Spa Features:
None
Construction Materials:
Roofing:
Water Source:
Public
Sewage:
Public Sewer, Sewer Tap Paid
Accessibility Features:
None

Community Information

MLS Area:
CS - Corona Del Mar - Spyglass

Lot Information

Lot Size (sq feet):
0

Location Information

Directions:
PCH to Avocado

Current Market Comparison

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

Subject Property

504 Avocado Avenue Corona Del Mar CA 92625

Property Type:
Condominium
Bedrooms:
1
Bathrooms:
1
Interior SqFt:
799
Interior Stories:
2
Year Built:
1948

7 Closed Properties

Address
Distance/Miles
Closed Price
Details
0.65 Miles
$1,580,000
0.69 Miles
$2,900,000
1.06 Miles
$928,000
0.64 Miles
$2,200,000
0.19 Miles
$1,490,000
0.67 Miles
$2,620,000
0.81 Miles
$2,500,000

12 Active Properties

Address
Distance/Miles
Active Price
Details
0.48 Miles
$2,195,000
0.3 Miles
$1,495,000
0.93 Miles
$2,650,000
0.47 Miles
$2,650,000
0.81 Miles
$1,049,000
0 Miles
$1,575,000
0.35 Miles
$1,425,000
0.27 Miles
$3,450,000
1.22 Miles
$1,449,000
0.33 Miles
$2,495,000
0.85 Miles
$1,599,000
1.86 Miles
$1,236,750