407 Heliotrope Ave

Corona Del Mar, CA 92625 View Map $3,995,000 Schedule a Tour
Sq.Ft. Lot4,720
Year1961
Carter Weir

Carter Weir

(949) 795-2222

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Welcome to {92660}
Status: Active
Property Type:Duplex
MLS #:NP24009578
On Site:124 Days
Lot Size:4,720 Sq. Ft.
County:Orange
Extraordinary investment opportunity awaits in the Village of Corona del Mar with this rare gem a duplex perched on a 40-by-118-foot lot, ocean side of PCH. Unveil a canvas of possibilities with this property, which comes complete with fully developed and approved plans from award winning architect Eric Aust, ready for permit acquisition. Envision the front unit boasting 2,741 square feet of living space, featuring 3 bedrooms and 3.5 baths, while the rear unit offers a gracious 1,737 square feet with 3 bedrooms and 3.5 baths. For those seeking immediate occupancy, the front unit currently presents 3 bedrooms, 3 bathrooms, and soaring high ceilings adorned with beams. A detached 3-car garage complements the property. The rear unit, ideal for rental income, features 2 bedrooms and 1 half bath. Capitalize on the existing configuration for a robust rental income stream or embrace the opportunity for a seamless renovation. This duplex not only promises a lucrative investment but also embodies the essence of Corona del Mar's coveted lifestyle. Seize the chance to elevate this property into a beacon of luxury living or harness its current allure for attractive rental income.

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$000 Monthly Payment
Loan and interest only.

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Price Change History

Date Old Price New Price Percent Change
3/27/2024$4,150,000$3,995,000-3.7%

Community Information

Address:407 Heliotrope Ave, Corona Del Mar, CA 92625
County:Orange
Zip Code:92625

Architecture

Year Built:1961
Stories:1
Building Area: 1960.0
Number of Buildings: 2
Total Units: 2
Stories Total: 1
Unit 1: 1 Unit • 3 Beds • 3 Baths • Unfurnished
Unit 2: 1 Unit • 2 Beds • 1 Bath • Unfurnished
Garage Spaces: 3.0

Features / Amenities

Interior Features: Beamed Ceilings, Cathedral Ceilings, Granite Counters, High Ceilings
Fireplace Features: Living Room
Laundry: Laundry Closet, In Garage
Entry Level: 1
Entry Location: 1
Common Walls: No Common Walls
Parking Features: Door-Multi, Garage
Parking Total: 3.0
Heating: Central

Property Features

Lot Size: 0.11 Acres / 4,720 Sq. Ft.
Lot Dimensions:40x118
Lot Features: Bluff
Waterfront: Ocean Side Of Highway
Utilities: Cable Available, Electricity Connected
Sewer: Public Sewer
Water: Public
Directions:From Bayside Dr turn on to Heliotrope Ave, property is on the left.

Tax and Financial Info

Terms: Conventional
Land Lease: No
Buyer Agency Compensation: 2.250%

Listing Agent/Office

Agent:Carter Weir
Office:Berkshire Hathaway Homeservice
Broker Phone:949-795-2222

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407 Heliotrope Ave Corona Del Mar,  CA 92625
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407 Heliotrope Ave Corona Del Mar, CA 92625
 
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Based on information from California Regional Multiple Listing Service, Inc. as of May 24, 2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.