Open House: Thu, May 23rd 11:00 AM - 2:00 PM PDT

Active

504 Avocado Avenue 1/2

Corona del Mar CA, 92625

$1,475,000


$1,846.06 per sqft

Active

1 Bed

1 Bath

799 sqft

Condo

Built in 1948

Listed by Jennifer Wong with Compass 949-438-4340

Calling All INVESTORS, 1031 Exchanges, and Southern California Beach Lovers. This property embodies Beach and CDM Village living at its BEST with NO HOAs - bonus for investors, it has an active Short Term Rental Permit. This detached freestanding one-bedroom home with additional flex space (used as an office with a separate entrance) is quality personified. The cottage features a fantastic open floor plan with many upgrades and exquisite details to help you live your best life. Wood floors, granite kitchen counters, stainless steel appliances, farmhouse kitchen sink, custom cabinets, overhead lighting, elegant marble bathroom, and a spacious primary bedroom (comfortably fits a King bed) with a custom closet are just a few upgrades. A stackable washer and dryer are located inside the home, off the hall, for convenience. A spacious front-covered indoor and outdoor balcony adds to the charm. There is an extra-large one-car garage and an additional flex space for a separate office or a chill room. This home is on the south side of the highway in Corona del Mar., Close to Goldenrod Foot Bridge for beach access, and some of the best restaurants and shops in Orange County are just minutes away. Fashion Island is just up the street. John Wayne Airport is a quick UBER ride away. The property has a coveted and current short-term rental permit for a savvy real estate investor or someone who would like to enjoy beach living and appreciate some short-term rental income.

NP23227520

MLS ID

December 18, 2023

Listed

May 19, 2024

Updated

Map

504 Avocado Avenue 1/2
Corona del Mar CA, 92625

Interior Features

Total Stories

2


Bedrooms

1


Total Bathrooms

1


Three-Quarter Bathrooms

1


Interior Features

Balcony, Ceiling Fan(s), Granite Counters, Living Room Deck Attached, Open Floorplan, All Bedrooms Up, Walk-In Closet(s)


Appliances

Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer


Laundry Description

Inside, Laundry Closet


Floor Description

Stone, Wood


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Features

Level, Rectangular Lot


Architectual Style

Bungalow, Cottage, Traditional


Sewer

Public Sewer, Sewer Tap Paid

School Information

School District

Newport Mesa Unified


High School

Corona Del Mar

Other Property Details

Area Name

CS - Corona Del Mar - Spyglass


Days on Market

152


Garage

Yes


Garage Spaces

1


Parking

Door-Single, Garage, Garage Faces Rear, On Street


Parking Total

1


View

No


View Description

None


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Waterfront

Yes


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

5/19/2024

Price Change

$1,475,000

-2%

2/27/2024

Price Change

$1,498,000

-5%

Open House Schedule

Thu, May 23rd

11:00 AM - 2:00 PM PDT

Listing Contact: 949-438-4340 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/19/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/19/2024 at 6:07 AM UTC

 

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