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705 Iris, Corona del Mar, CA 92625

$3.65M5bd · 4ba · 2,350 sqft
Lot 3,485 sqft•Triplex•
Active
•1367d on market•MLS# LG-23006084

Property Description

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.

Features & Amenities

Corona del Mar North of PCHFeeBuilt 1950

Property Details

Subdivision
Corona del Mar North of PCH
Land Type
Fee
Year Built
1950
Property Type
Residential
Property Subtype
Triplex
Parking Spaces
2
Garage Spaces
2
Heating
Forced Air
Cooling
None
City
Corona del Mar
Zip Code
92625
County
Orange
Listed byCompass, Nicholas Hooper

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$18,456.39
Principal & Interest
Loan Amount
$2,920,000
Total Interest
$3,724,299
Total Payment Over 30 Years
$6,644,299
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 0 active · 0 closed

705 Iris, Corona del Mar, CA 92625

Corona del Mar North of PCH · Corona del Mar · Triplex

$3.65M
Luxury Tier
Beds
5
Baths
4
Sqft
2,350
Lot
3,485 sqft
Year
1950
$/Sqft
$1553
Pool: No✓
Garage: 2-car✓

Luxury tier — fewer comparable sales widen the confidence range.

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.