Sold for $3,225,000

Listed by: Pacific Sotheby's Int'l Realty • Jon-Paul Bell • Contact: 949-933-2246

Bought with: Pacific Sotheby's Int'l Realty

$3,225,000

423 Iris Ave, Corona Del Mar, CA 92625

6beds

3,050sqft

Triplex

Built in 1979

-- sqft lot

$-- Zestimate^®

$1,057/sqft

$7,761 Estimated rent

Home value

Not available

Estimated sales range

Not available

$7,761/mo

Zestimate^® history

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$20,385/mo

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What's special

Located in the heart of the Corona del Mar village, this turnkey multi-unit property provides a unique and flexible investment opportunity rarely available in CDM. The front unit is approx. 1,250 sq. ft. with 3 bedrooms, 2 bathrooms. Hardwood floors, stainless steel appliances, fireplace and a large front patio are some of the many features that highlight the open and bright floor plan. The designer perfect back unit is approx. 1,300 sq. ft. with 2 bedrooms and 2.5 bathrooms and extensive renovations throughout. There is also an approx. 500 sq. ft. studio with a kitchen, bathroom with a tub/shower combo and a large walk-in closet. An oversized approx. 1,000 sq. ft. oversized garage with separate laundry areas complete the offering. Situated on the South side of PCH and centrally located to award-winning restaurants, shops, weekend farmer’s market and the world-class beaches that make Corona del Mar one of the best beach towns in the world.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 5
1/2 bathrooms: 1
Main level bathrooms: 2
Main level bedrooms: 3

Rooms

Room types: Entry/Foyer, Family Room, Laundry, Living Room, Other

Bathroom

Features: Dual Sinks, Remodeled, Upgraded

Kitchen

Features: Kitchen Island, Kitchen/Family Room Combo, Updated Kitchen

Other

Features: Walk-In Closet(s)

Heating

Forced Air

Cooling

Central Air, See Remarks

Appliances

Laundry: In Garage, Laundry Room

Features

Breakfast Bar, Breakfast Area, High Ceilings, Walk-In Closet(s)
Flooring: Wood
Has fireplace: Yes
Fireplace features: Living Room
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 3,050 sqft

Property

Parking

Total spaces: 4
Parking features: Direct Access, Door-Single, Garage, Garage Door Opener, Garage Faces Rear, On Street, Tandem
Attached garage spaces: 4

Accessibility

Accessibility features: Safe Emergency Egress from Home

Features

Levels: Two,Multi/Split
Stories: 2
Entry location: front side garage
Patio & porch: Concrete, Enclosed, Open, Patio
Pool features: None
Spa features: None
Fencing: Stucco Wall
Has view: Yes
View description: Neighborhood

Lot

Size: 3,550 Square Feet
Features: Near Park

Details

Parcel number: 45918219
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Contemporary
Property subtype: Triplex

Materials

Roof: Composition

Condition

Updated/Remodeled,Turnkey
New construction: No
Year built: 1979

Utilities & green energy

Electric: Standard
Sewer: Public Sewer
Water: Other
Utilities for property: Cable Connected, Electricity Connected, Other, Sewer Connected, Water Connected

Community & HOA

Community

Features: Biking, Curbs, Dog Park, Fishing, Golf, Gutter(s), Hiking, Street Lights, Sidewalks, Water Sports, Park
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: Corona Del Mar South Of Pch (Cdms)

Location

Region: Corona Del Mar

Financial & listing details

Price per square foot: $1,057/sqft
Date on market: 4/28/2023
Cumulative days on market: 75 days
Listing terms: Cash to New Loan
Road surface type: Alley Paved, Paved

Price history

Date	Event	Price
8/25/2023	Sold	$3,225,000-5%$1,057/sqft
Source: CRMLS #NP23071698 Report a problem
8/15/2023	Pending sale	$3,395,000$1,113/sqft
Source: CRMLS #NP23071698 Report a problem
7/12/2023	Contingent	$3,395,000$1,113/sqft
Source: CRMLS #NP23071698 Report a problem
6/22/2023	Price change	$3,395,000-5.6%$1,113/sqft
Source: CRMLS #NP23071698 Report a problem
6/1/2023	Price change	$3,595,000-2.7%$1,179/sqft
Source: CRMLS #NP23071698 Report a problem
4/28/2023	Listed for sale	$3,695,000$1,211/sqft
Source: CRMLS #NP23071698 Report a problem
11/15/2015	Listing removed	$4,200$1/sqft
Source: Coldwell Banker Residential Brokerage - Balboa Island #NP15187604 Report a problem
10/15/2015	Price change	$4,200-6.7%$1/sqft
Source: Coldwell Banker Residential Brokerage - Balboa Island #NP15187604 Report a problem
9/11/2015	Price change	$4,500-2.2%$1/sqft
Source: Coldwell Banker Residential Brokerage - Balboa Island #NP15187604 Report a problem
8/26/2015	Listed for rent	$4,600+15%$2/sqft
Source: Coldwell Banker Residential Brokerage - Balboa Island #NP15187604 Report a problem
6/12/2015	Listing removed	$4,000$1/sqft
Source: Coldwell Banker Residential Brokerage - Balboa Island #NP15116157 Report a problem
6/2/2015	Listed for rent	$4,000$1/sqft
Source: Coldwell Banker Residential Brokerage - Balboa Island #NP15116157 Report a problem