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617 Iris Avenue, 
Corona Del Mar (Newport Beach), CA 92625

$3,200,000


8

Beds


Bath


3,620

Sq Ft


Multi-Family

Active

Listed by

Ernie Caponera

Newport Properties

ernie@newport-properties.com

Last updated:

June 24, 2025, 02:31 PM

MLS#

CRNP25139099

Source:

CA BRIDGEMLS

About This Home

617 Iris Avenue

Exceptional Duplex Opportunity in Coveted Corona Del Mar – R2 Zoned Don't miss this rare opportunity to own a beautifully maintained R2-zoned duplex in the heart of Corona Del Mar. This versatile property features two spacious units, each offering four bedrooms across two stories, ideal for short-term rental income, long-term tenants, or future redevelopment into luxury condos or a spectacular custom home. Property Highlights: Two Fully Furnished Units – Each unit includes 4 bedrooms and 2 bathrooms with expansive, open-concept living spaces. Permitted Short-Term Rental – Operates successfully as a fully furnished STR with city permits already in place. Modern Comforts – Near-new air conditioning, forced-air furnaces, double-pane Milgard windows and sliders, and two high-speed EV charging stations. Green Energy Ready – Two separate sets of solar panels help minimize utility costs. Upgraded electrical to 200 amp service. Trexs front patio decking. Outdoor Living – Front unit features a large private patio with brand-new decking and elegant wrought iron railing—perfect for entertaining or relaxing. Garage & Parking – Shared double garage with ample additional street parking. Prime Location – Walking distance to Grant Howald Park and the Community Youth Center; jus

Home Facts

Multi-Family

8 Bedrooms

Built in 1965

Price Summary

3,200,000

$883 per Sq. Ft.

MLS #:

CRNP25139099

Last Updated:

June 24, 2025, 02:31 PM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Interior

Living Area:

3,620 Sq. Ft.


Structure

Structure

Architectural Style:

Duplex

Building Area:

3,620 Sq. Ft.

Year Built:

1965


Lot

Lot Size (Sq. Ft):

3,484


Finances & Disclosures

Finances

Price:

$3,200,000

Price per Sq. Ft:

$883 per Sq. Ft.

Source:CA BRIDGEMLS
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