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510 Avocado Newport Beach, CA 92625
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Key Details
Sold Price $3,720,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Corona Del Mar South Of Pch (Cdms)
MLS Listing ID NP26174879
Sold Date 08/27/26
HOA Y/N No
Year Built 1972
Lot Size 3,354 Sqft
Property Sub-Type Duplex
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.
Location
State CA
County Orange
Area Cs - Corona Del Mar - Spyglass
Interior
Interior Features Beamed Ceilings, Ceiling Fan(s), High Ceilings, All Bedrooms Up, All Bedrooms Down
Heating Forced Air
Cooling None
Flooring Carpet, Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance 6 Burner Stove, Dishwasher, Freezer, Refrigerator, Water Heater
Laundry Inside
Exterior
Parking Features Garage, Garage Faces Rear, On Street
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Golf, Hiking, Suburban, Sidewalks, Park
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood, Ocean
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Near Park, Rectangular Lot
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 45909105
Security Features Fire Detection System,Smoke Detector(s)
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
Lease Land No
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Bought with Billy Long Balboa Real Estate, Inc
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