505 & 505 .5 Acacia Avenue
Corona del Mar, CA 92625
- – beds
- – baths
- – sqft
- 3,611 sqft lot
- 1968 build
- – on site
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.
Listed By CRMLS_CA / Brenda McCroskey / Compass / 949-280-5563
Last checked:
Checking…
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Last updated Dec 24, 2024
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MLS# NP24253271 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1968
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Stucco
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Building Area Total:3200.00
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Building Area Units:Square Feet
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Total Number Of Units:2
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# of Buildings:1
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Architectural Style:Traditional
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Roof:Composition
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Foundation:Slab
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Exterior Features:Awning(s)
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Stories Total:2
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Entry Level:1
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Number With Patio:2
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Accessibility Features:None
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Common Walls:1 Common Wall, No One Above, No One Below
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# of Separate Gas Meters:1
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# of Separate Water Meters:1
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# of Separate Electric Meters:2
Interior
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Features:Ceiling Fan(s), Laminate Counters, Living Room Deck Attached, Unfurnished
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Levels:Two
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Entry Location:Ground
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Flooring:Laminate, Tile
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Room Type:All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Separate Family Room, Walk-In Closet
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Fireplace:Yes
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Fireplace:Family Room, Living Room, Gas Starter
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Laundry:Individual Room, Inside, Washer Hookup
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Laundry:1
Location
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Directions:Turn onto Acacia from PCH
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Latitude:33.60297800
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Longitude:-117.87746100
The Property
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Property Type:Residential Income
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Subtype:Duplex
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Lot Features:Level with Street, Rectangular Lot, Near Public Transit, Park Nearby, Patio Home, Walkstreet
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Lot Size Area:3611.0000
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Lot Size Acres:0.0829
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Lot Size SqFt:3611.00
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Lot Size Source:Assessor
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View:1
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View:Neighborhood
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Fencing:Wood
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Fence:Yes
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Exclusions:2 sets Washer/Dryers & 2 Refrigerators belong to tenants
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Road Frontage:City Street
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Road Surface Type:Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:627.01
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Tax Tract:682
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Tax Lot:54
The Listing
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Special Listing Conditions:Standard
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Parcel Number:45909113
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Electric:Standard
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Water Source:Public
Appliances
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Appliances:Dishwasher, Electric Oven, Electric Range, Microwave, Water Heater
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Included:Yes
The Community
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Subdivision:Corona del Mar South of PCH (CDMS)
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Subdivision:Corona del Mar South of PCH (CDMS)
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Features:Curbs, Sidewalks, Street Lights, Suburban
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Association:No
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Pool:None
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Waterfront Features:Ocean Side of Freeway, Ocean Side Of Highway 1
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking Spaces:2.00
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Garage Spaces:2.00
Extra Units
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Number With Disposal:2
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Number With Dishwasher:2
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Number With Refrigerator:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/23/24
Dec 23, 2024
|
Listed / Active | CRMLS_CA | $3,850,000 |