Property

Corona Del Mar, CA 92625 520 Iris

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Presented By: Steven "Bud" Mastropaolo with eXp Realty of Southern Ca, Inc; 714-655-6584
  • MLS# NP26097495
  • 04/20/2026
  • Request Tour
  • Request Info
  • Full/Half Baths • 2 / 1
  • SQFT • 3,649
  • Garage • 2

Home Details

Experience refined coastal living in this fully remodeled, grandfathered oversized duplex on a prime corner lot in the heart of the Village. Reimagined in 2023 with meticulous attention to detail, this exceptional property delivers the feel of brand-new construction, while offering a scale and square footage that simply can’t be replicated today. Spanning 3,649 square feet, the residence features two expansive units, each thoughtfully designed with high-end finishes, open-concept layouts, and seamless indoor-outdoor living. Enjoy spacious patios and balconies, a turfed entertainment deck, an oversized two-car garage, and a rare 225-square-foot basement, an uncommon bonus in this area. The lower unit is a standout 3-bedroom, 2.5-bath home offering 1,873 square feet, highlighted by soaring 10-foot ceilings in the kitchen and 9-foot ceilings in the living area. Upstairs, the 1,776-square-foot unit includes 3 bedrooms and 2 baths, plus a versatile laundry room that can be converted into a powder room. Its expansive outdoor deck serves as an additional living space, perfect for entertaining, dining, or relaxing by the fire pit. Both units feature French white oak flooring, custom cabinetry, granite countertops, stainless steel appliances, and drought-tolerant landscaping. The exterior is finished with striking New Tech siding for lasting durability and low maintenance. Positioned on a coveted corner, the home is filled with natural light from sunrise to sunset. This rare investment opportunity allows for flexible living, occupy one unit while generating income from the other. Ideally located just steps from the beach, shops, and local dining, and minutes from premier destinations and major conveniences, this property captures the essence of elevated California coastal living. A truly one-of-a-kind offering, don’t miss your chance to own it.
Presented By: Steven "Bud" Mastropaolo with eXp Realty of Southern Ca, Inc; 714-655-6584

Interior Features for 520 Iris

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)Yes
Common WallsOneCommonWall
Fireplace FeaturesGas
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesBuiltInFeatures, Balcony, CeramicCounters, CathedralCeilings, GraniteCounters, HighCeilings, OpenFloorplan, Pantry, QuartzCounters, RecessedLighting, BedroomOnMainLevel, GalleyKitchen, MainLevelPrimary
Laundry FeaturesElectricDryerHookup, GasDryerHookup, Inside, SeeRemarks
Total Stories2
Window FeaturesDoublePaneWindows

Other Rooms

Entry Level1

General for 520 Iris

Additional Parcels Y/NNo
Architectural StyleModern
Building Area UnitsSquareFeet
Cap Rate3.8
CityCorona Del Mar
Community FeaturesBiking, Curbs, DogPark, Hiking, Park
CoolingCentralAir, Gas
CountyOrange
DirectionsFrom PCH, head east, property is on the right at the corner of Iris and 3rd Ave
Entry LocationIris
Garage Spaces2
Garage Y/NYes
Gross Income264000
HOANo
HOA Fee$
HeatingCentral
Insurance Expense4000
Land Lease Y/NNo
LevelsMultiSplit
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet3485
Lot Size UnitsSquareFeet
MLS AreaCS - Corona Del Mar - Spyglass
Net Operating Income201710
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
Operating Expense62290
Pool FeaturesNone
PostalCityCORONA DEL MAR
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameCorona del Mar North of PCH (CNHW)
Tax Lot22
Taxes$56,250
Tenant PaysAllUtilities, SeeRemarks
Trash Expense240
ViewHills, Mountains, Neighborhood, Panoramic
Water Sewer Expense1800
Year Built1973
Year Built SourceAssessor

Exterior for 520 Iris

Building Area Total3649
Door FeaturesSlidingDoors
Exterior AmenitiesFirePit
Lot FeaturesTwoToFiveUnitsAcre, CornerLot, DripIrrigationBubblers, Garden, NearPublicTransit
Lot Size Acres0.08
Lot Size Area3485
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Parking FeaturesGarage
Private PoolNo
SpaNo
Total Parking2
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Limor Zamir

Realtor®
Price $5,690,000
MLS#NP26097495
List Date 04/20/2026
Property Type Single Family
Phone 310.866.3778
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Request Info
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