510 Avocado, Newport Beach, CA 92625

$3,995,000
6
BD
4
BA
3,194
SqFt

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List Price
$3,995,000
Status
ACTIVE
MLS#
NP26174289
Year Built
1972
Bedrooms
6
Bathrooms
4
Living Sq. Ft
3,194
Lot Size
3,354
Acres
0.08
Lot Location
0-1 Unit/Acre
Days on Market
4
Property Type
Single Family Residential
Style
Cape Cod
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
Corona Del Mar South Of Pch (Cdms)

Property Description

510 and 510 1/2 Avocado is an exceptional investment and development opportunity in one of Corona Del Mar's most desirable neighborhoods. Situated on an approximately 30' x 118' lot (3,540 sq. ft.) in the coveted Flower Streets, this existing duplex offers endless possibilities—live in as-is or lease for immediate income, renovate to maximize value, or redevelop into two custom luxury residences. Each unit of approx. 1,500 SF features 3 bedrooms, 2 bathrooms, plus a versatile bonus room that can be used as an office, or additional living space. The upper unit enjoys ocean views and a spacious private deck, perfect for indoor-outdoor coastal living. The lower unit has a front deck off the living room with peek-a-boo ocean views. Both properties open to the coastal breeze and sunsets. Located oceanside of Pacific Coast Highway, just two blocks from Begonia Park and across from the prestigious Irvine Terrace neighborhood, this property is also a short stroll to the shops, restaurants, and beaches of the Corona del Mar Village. Additional highlights include: -Great ingress/egress avoids Village traffic -Median with 2x free street parking as other locations -Shared two-car garage with storage space -Stately, wide street creates feeling of openness -Highly sought-after Flower Streets location -Elevated lot for privacy and enhanced views -Outstanding opportunity to remodel, hold, or build new. This is a rare chance to own a premier property in the heart of Corona del Mar, offering exceptional lifestyle appeal and long-term investment potential.

Additional Information

Appliances
6 Burner Stove, Convection Oven, Dishwasher, Refrigerator
Pool Description
None
Fireplace Description
Family Room
Heat
Forced Air
Cooling Description
None
View
Neighborhood, Ocean
Exterior Construction
Frame, Shingle Siding
Patio
Deck, Front Porch
Roof
Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Newport Mesa Unified
Elementary School
Harbor View
Middle School
Corona Del Mar
High School
Corona Del Mar
Interior Features
Breakfast Bar, Balcony, Ceiling Fan(s), High Ceilings, Tile Counters, All Bedrooms Up, All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
2

Listing courtesy of Listing Agent: Grant Bixby (grant@bixbyresidential.com) from Listing Office: Compass.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.