Seize this exceptional opportunity to own a charming Beach Bungalow duplex, on a rare corner-lot, in the highly coveted Flower Streets of Corona del Mar. This coastal property offers flexibility, income potential, and future development possibilities, capturing the essence of Southern California living and multiple lifestyle or investment options.
The front residence features 2 bedrooms, 1 bath, hardwood floors, a welcoming fireplace, and an updated kitchen filled with natural light and coastal character. Privately situated at the rear of the property is the 1-bedroom, 1-bath unit featuring an efficiency kitchen, spacious living area, wood beam ceiling, and a Dutch door for those cool ocean breezes. This unit provides ideal flexibility for guests, rental income, or a convenient office space. Each residence includes its own garage and laundry, plus an additional oversized rear parking pad — a rare convenience in the Village.
Whether you continue operating as an income-producing property with tenants, live in one and lease the other, create a custom coastal vacation home, or explore future redevelopment opportunities, this property presents exceptional upside in one of Southern California’s most sought-after neighborhoods. Moments from world-class beaches, Newport Harbor, Hoag Hospital, Fashion Island, Fine Dining, Golf, Tennis, parks, and commuter access to the 73 Toll Road and Freeways - this property truly has it all!
Sold for $3,500,000
Listed by: Pacific Sotheby's Int'l Realty • Elizabeth Turner • Contact: 949-573-7998
Bought with: KELLER WILLIAMS REALTY COLLEGE PARK
$3,500,000
701 Jasmine Ave, Corona Del Mar, CA 92625
3beds
1,320sqft
Duplex
Built in 1952
3,485 Square Feet Lot
$3,500,500 Zestimate®
$2,652/sqft
$7,351 Estimated rent
Home value
$3,500,500
$3.26M - $3.78M
$7,351/mo
Zestimate® history
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$7,351/mo
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$7,351/mo
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$21,743/mo
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List your homeWhat's special
Welcoming fireplaceCharming beach bungalow duplexRare corner-lotEfficiency kitchenWood beam ceilingHardwood floors
Zillow last checked:
Listing updated:
Listed by:
Elizabeth Turner DRE #01961995 949-573-7998,
Pacific Sotheby's Int'l Realty
Bought with:
Viorel Gherghelah, DRE #02151528
KELLER WILLIAMS REALTY COLLEGE PARK
Source: CRMLS,MLS#: OC26111473
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Kitchen, Living Room, Primary Bathroom
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Tub Shower
Cooling
- None
Appliances
- Laundry: In Garage
Features
- Ceiling Fan(s), Eat-in Kitchen, Bedroom on Main Level
- Flooring: Laminate, Wood
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,320 sqft
Property
Parking
- Total spaces: 2
- Parking features: Door-Multi, Driveway, Garage, On Site, Off Street, Other, Garage Faces Side
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front & Side
- Patio & porch: Brick, Patio
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Courtyard, Neighborhood
- Waterfront features: Ocean Side Of Freeway
Lot
- Size: 3,485 Square Feet
- Features: Corner Lot, Near Park
Details
- Additional structures: Storage
- Parcel number: 45904312
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Duplex
Materials
- Drywall, Stucco, Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Fishing, Golf, Gutter(s), Sidewalks, Water Sports, Park
Location
- Region: Corona Del Mar
Financial & listing details
- Price per square foot: $2,652/sqft
- Tax assessed value: $515,652
- Annual tax amount: $5,962
- Date on market: 5/22/2026
- Cumulative days on market: 38 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Sold | $3,500,000$2,652/sqft |
Source:  CRMLS #OC26111473 Report a problem | ||
| 7/14/2026 | Pending sale | $3,500,000$2,652/sqft |
Source: CRMLS #OC26111473 Report a problem | ||
| 6/29/2026 | Contingent | $3,500,000$2,652/sqft |
Source: CRMLS #OC26111473 Report a problem | ||
| 5/22/2026 | Listed for sale | $3,500,000$2,652/sqft |
Source: CRMLS #OC26111473 Report a problem | ||
| 2/27/2019 | Listing removed | $3,200$2/sqft |
Source: Douglas Elliman #OC19038155 Report a problem | ||
| 2/20/2019 | Listed for rent | $3,200$2/sqft |
Source: Douglas Elliman of California #OC19038155 Report a problem | ||
| 12/2/2018 | Listing removed | $3,200$2/sqft |
Source: Jim Heydorff #NP18209269 Report a problem | ||
| 8/28/2018 | Listed for rent | $3,200$2/sqft |
Source: Jim Heydorff #NP18209269 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,962 +1.7% | $515,652 +2% |
| 2024 | $5,860 +2.5% | $505,542 +2% |
| 2023 | $5,719 +1.8% | $495,630 +2% |
| 2022 | $5,618 +1.9% | $485,912 +2% |
| 2021 | $5,514 +1% | $476,385 +1% |
| 2020 | $5,460 | $471,501 +2% |
| 2019 | $5,460 +1.9% | $462,256 +2% |
| 2018 | $5,356 +3.8% | $453,193 +2% |
| 2017 | $5,161 | $444,307 +2% |
| 2016 | $5,161 +2.2% | $435,596 +1.5% |
| 2015 | $5,050 +3.4% | $429,053 +2% |
| 2014 | $4,883 | $420,649 +0.5% |
| 2013 | -- | $418,748 +2% |
| 2012 | -- | $410,538 +2% |
| 2011 | -- | $402,489 +0.8% |
| 2010 | -- | $399,481 -0.2% |
| 2009 | -- | $400,431 +2% |
| 2008 | -- | $392,580 +2% |
| 2007 | -- | $384,883 +2% |
| 2006 | -- | $377,337 +2% |
| 2005 | -- | $369,939 +2% |
| 2004 | -- | $362,686 +1.9% |
| 2003 | -- | $356,039 +2% |
| 2002 | -- | $349,058 +2% |
| 2001 | $3,598 +2.6% | $342,214 +2% |
| 2000 | $3,507 | $335,504 |
Find assessor info on the county website
Neighborhood: Corona del Mar
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Nearby schools
GreatSchools rating
- 10/10Harbor View Elementary SchoolGrades: K-6Distance: 0.2 mi
- 8/10Corona Del Mar High SchoolGrades: 7-12Distance: 2.4 mi
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Estimated market value
$3,500,500
Get a cash offer in 3 minutes
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Estimated market value
$3,500,500
- California
- Orange County
- Newport Beach
- 92625
- Corona del Mar
- 701 Jasmine Ave
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