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Offered For Sale

407 Heliotrope Avenue

#NP24009581

RES

5/2.5

Built in 1961

$3,995,000

About the property

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.

Features

General

  • Half Bathrooms 3
  • Lot Size 40x118
  • Real Estate Sub Type SingleFamilyResidence
  • Real Estate Type RES
  • Square Feet 1,960
  • Stories 1
  • Year Built 1,961
  • Agent Name Carter Weir
  • Broker Id U7143
  • Office Name Berkshire Hathaway Homeservice
  • Days On Market 95
  • Status Active
  • Agent Cell 949-795-2222

Building

  • Construction Brick
    Stucco
  • Cooling None
  • Flooring Laminate
    Vinyl
  • Foundation Slab
  • Heating None
    Central
  • Interior Features Balcony
    Beamed Ceilings
    Granite Counters
    High Ceilings
  • Roof Composition
  • Style Contemporary

Schools

  • Elementary School Harbor View
  • Middle School Corona Del Mar
  • High School Corona Del Mar

Location

  • Subdivision Corona del Mar South of PCH (CDMS)
  • View Neighborhood
    Peek-A-Boo

Location

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