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Brenda McCroskey

505 & 505 .5 Acacia Avenue

$3,850,000 505 & 505 .5 Acacia Avenue, Corona Del Mar, CA 92625
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.
  • For Sale
    Status
  • 1968
    Year Built
  • 3,200 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 3,200 Sq.Ft.
  • Lot Size: 3,611 Sq.Ft.
  • MLS® ID: NP24253271
  • Type: Multi-Family
  • Year Built: 1968
  • Architecture Styles: Traditional, Patio Home
  • Water Frontage: Ocean Side Of Freeway, Ocean Side Of Highway
  • View Description: Neighborhood

Interior

  • Laundry Room: Washer Hookup, Inside, Laundry Room
  • Flooring: Laminate, Tile
  • Fireplace: Family Room, Gas Starter, Living Room
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Water Heater
  • Other Interior Features: Ceiling Fan(s), Laminate Counters, Living Room Deck Attached, Unfurnished, All Bedrooms Up, Primary Suite, Walk-In Closet(s)

Exterior & Building

  • Stories: 2
  • Garage Space: 2.0
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Pool: None
  • Roof: Composition
  • Lot Features: Near Park, Near Public Transit, Rectangular Lot, Street Level, Walkstreet
  • Heat Type: Central
  • Air Conditioning: Central Air
  • Sewer: Public Sewer
  • Substructure: Slab
  • Disability Features: None
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Other Exterior Features: Awning(s)

Financial

  • Sales Price: $3,850,000

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505 & 505 .5 Acacia Avenue

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