7 months on rocket

705 Iris, Corona Del Mar, CA, 92625

$3,375,000

5 Bedrooms
4 Full Baths
2,350 SqFt
$1,436/SqFt
Multi

Location

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Property Highlights

Home TypeTriplex
Attached Garage2 spaces
Year Built1950
HeatingForced Air
CoolingNone
FireplaceLiving Room
ViewNeighborhood
MLS #LG24062639
Lot Size0.08 Acres
StatusActive

About 705 Iris

Centrally located in the Village of Corona del Mar, 705 Iris offers a wealth of possibilities! Currently configured as a triplex, the property could be a consistent income generator for the new owner. The main residence consists of two bedrooms and two bathrooms. The updated kitchen is open to a living room where natural light pours in, and a charming fireplace sits ready to warm coastal nights. The spacious living area that opens to a large front patio via a wall of folding doors. The rear cottage sits above the two car garage and consists of two bedrooms and one bathroom. The third unit is a large, ground level studio. Although immensely livable as-is - the property is primed for redevelopment. Located just minutes to beautiful beaches, shopping, and award winning restaurants. This alluring cottage style home is ready for any number of living options.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 2
  • Living Area: 2,350 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 939-7083
  • Listing Agent: Nicholas Hooper

Interior Features

Interior Information:

  • Interior: Beamed Ceilings, Built-in Features
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Inland side of PCH. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,375,000
  • Price Per SqFt: $1,436/SqFt
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Housing Market Comparison

See how this home compares to others in Corona Del Mar, CA.

Med. Sold Price

$3.8M

Med. Price/SqFt

$1,788

Avg. Days On Market

55

# of Sold Homes

12

705 Iris vs Corona Del Mar

232 DAYS ON ROCKET

+177 Days

$3,375,000

-$522.5K Less

$1,436/SqFt

-$353 Less

KEY TAKEAWAY

This property is $522.5K less than the Median Sold Price and $353/SqFt less than other homes in Corona Del Mar, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #LG24062639

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 939-7083
  • Listing Agent: Nicholas Hooper

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 8:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$16.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.1K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-559872
9
/10
  • Harbor View Elementary School

  • 900 Goldenrod Ave

  • 0.16 miles

  • Public District Grades KG-6

school-card-donut-559873
8
/10
  • Lincoln Elementary School

  • 3101 Pacific View Dr

  • 0.85 miles

  • Public District Grades KG-6

school-card-donut-559874
8
/10
  • Andersen Elementary School

  • 1900 Port Seabourne Way

  • 1.63 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,544. Typical income of Corona Del Mar, CA residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaOrange CountyCorona Del Mar92625705 Iris

This home is located at 705 Iris in Corona Del Mar, CA and zip code 92625 in the Flower Streets / Corona del Mar Village neighborhood. This 2,350 square foot home, which was built in 1950, sits on a 0.08 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $3,375,000.

Corona Del Mar, CA housing market in October 2024 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 10 sold below. The inventory of homes for sale in Corona Del Mar, CA between September 2024 and October 2024 increased by 3.4%. In October 2024 median list price was $3,897,500 and the average listing age was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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