Charming Rare South of Highway Duplex on one of the best and prettiest streets in the Village! Presenting a unique and exceptional Residential Income R2 opportunity in the heart of Corona Del Mar village, where coastal living seamlessly blends with strong investment potential. Both units are 1600 sq ft, with a Living Room, Family room, Kitchen with Breakfast Bar, Powder, and Laundry down and three bedrooms upstairs (one ensuite) and two baths, primary and one bedroom in each with walk-in closets. Rear unit even has another balcony off of the primary suite, complete with workspace/exercise area/sitting area too! Super clean with excellent tenants, whose leases run until 8/25 for the front and 6/25 for the rear. Loads of outdoor space - inviting enclosed brick front patio, balcony, and a generous side patio for each unit. With its excellent walkability, residents can easily explore the village’s renowned beaches, restaurants, top-rated schools, shopping, scenic hiking trails, and nearby golf courses. Whether you’re considering redevelopment or looking to enhance the cash flow of a valuable investment, this property offers all the options. This is an excellent opportunity to own a piece of coveted Corona Del Mar real estate—a combination of the beauty of our coast and excellent investment potential.
Sold for $3,670,000
Listed by: Compass • Brenda McCroskey • Contact: 949-280-5563
Bought with: Pacific Sotheby's Int'l Realty
$3,670,000
505 & 5 Acacia Ave, Corona Del Mar, CA 92625
6beds
3,200sqft
Duplex
Built in 1968
3,611 Square Feet Lot
$4,037,400 Zestimate®
$1,147/sqft
$-- Estimated rent
Home value
$4,037,400
$3.63M - $4.52M
Not available
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Brenda McCroskey DRE #01869273 949-280-5563,
Compass
Bought with:
Dar Mardan, DRE #02121982
Pacific Sotheby's Int'l Realty
Vida Dashloo, DRE #02151715
Pacific Sotheby's Int'l Realty
Source: CRMLS,MLS#: NP24253316
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 3
- 3/4 bathrooms: 1
- 1/2 bathrooms: 2
- Main level bathrooms: 2
Rooms
- Room types: Bedroom, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: All Bedrooms Up
Family room
- Features: Separate Family Room
Other
- Features: Walk-In Closet(s)
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Microwave, Water Heater
- Laundry: Washer Hookup, Inside, Laundry Room
Features
- Ceiling Fan(s), Laminate Counters, Living Room Deck Attached, Unfurnished, All Bedrooms Up, Primary Suite, Walk-In Closet(s)
- Flooring: Laminate, Tile
- Has fireplace: Yes
- Fireplace features: Family Room, Gas Starter, Living Room
- Common walls with other units/homes: 1 Common Wall,No One Above,No One Below
Interior area
- Total interior livable area: 3,200 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: Ground
- Exterior features: Awning(s)
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Neighborhood
- Waterfront features: Ocean Side Of Freeway, Ocean Side Of Highway
Lot
- Size: 3,611 Square Feet
- Features: Near Park, Near Public Transit, Rectangular Lot, Street Level, Walkstreet
Details
- Parcel number: 45909113
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Patio Home
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Street Lights, Suburban, Sidewalks, 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: $1,147/sqft
- Date on market: 12/23/2024
- Cumulative days on market: 18 days
- Listing terms: Cash,Cash to New Loan
- Exclusions: 2 sets Washer/Dryers & 2 Refrigerators belong to tenants
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2025 | Sold | $3,670,000-4.7%$1,147/sqft |
Source:  CRMLS #NP24253316 Report a problem | ||
| 1/29/2025 | Pending sale | $3,850,000$1,203/sqft |
Source: CRMLS #NP24253271 Report a problem | ||
| 1/14/2025 | Contingent | $3,850,000$1,203/sqft |
Source: CRMLS #NP24253316 Report a problem | ||
| 12/23/2024 | Listed for sale | $3,850,000$1,203/sqft |
Source: CRMLS #NP24253271 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Corona del Mar
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Nearby schools
GreatSchools rating
- 10/10Harbor View Elementary SchoolGrades: K-6Distance: 0.5 mi
- 8/10Corona Del Mar High SchoolGrades: 7-12Distance: 2.2 mi
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Estimated market value
$4,037,400
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Estimated market value
$4,037,400
- California
- Orange County
- Newport Beach
- 92625
- Corona del Mar
- 505 & 5 Acacia Ave
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