4 months on rocket

504 Avocado Ave Unit 1/2, Corona Del Mar, CA, 92625

$1,498,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
799 SqFt
$1,875/SqFt
Condo
Schools Nearby

Location

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504 Avocado Ave Unit 1/2, Corona Del Mar$1,498,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDoor-Single, Garage, Garage Faces Rear, On Street
Garage1 space
Year Built1948
HeatingForced Air
CoolingWall/Window Unit(s)
FireplaceNone
ViewNone
MLS #NP23227520
StatusActive

About 504 Avocado Ave Unit 1/2

Calling All INVESTORS, 1031 Exchanges, and Southern California Beach Lovers. This property embodies Beach and CDM Village living at its BEST with NO HOAs - bonus for investors, it has an active Short Term Rental Permit. This detached freestanding one-bedroom home with additional flex space (used as an office with a separate entrance) is quality personified. The cottage features a fantastic open floor plan with many upgrades and exquisite details to help you live your best life. Wood floors, granite kitchen counters, stainless steel appliances, farmhouse kitchen sink, custom cabinets, overhead lighting, elegant marble bathroom, and a spacious primary bedroom (comfortably fits a King bed) with a custom closet are just a few upgrades. A stackable washer and dryer are located inside the home, off the hall, for convenience. A spacious front-covered indoor and outdoor balcony adds to the charm. There is an extra-large one-car garage and an additional flex space for a separate office or a chill room. This home is on the south side of the highway in Corona del Mar., Close to Goldenrod Foot Bridge for beach access, and some of the best restaurants and shops in Orange County are just minutes away. Fashion Island is just up the street. John Wayne Airport is a quick UBER ride away. The property has a coveted and current short-term rental permit for a savvy real estate investor or someone who would like to enjoy beach living and appreciate some short-term rental income.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Cottage, Traditional
  • Year Built: 1948
  • Stories: 2
  • Living Area: 799 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 632-6402
  • Listing Agent: Jennifer Wong

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Stone, Wood
  • Interior: Balcony, Ceiling Fan(s), Granite Counters, Living Room Deck Attached, Open Floorplan, All Bedrooms Up, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Door-Single, Garage, Garage Faces Rear, On Street

Lot Features

Lot Information:

  • Lot: Level, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Corona Del Mar High School, Public District Grades 7-12
  • Harbor View Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: PCH to Avocado

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,498,000
  • Price Per SqFt: $1,875/SqFt
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Housing Market Comparison

See how this home compares to others in Corona Del Mar, CA.

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Corona Del Mar, CA

City

Med. Sold Price

$3.7M

Med. Price/SqFt

$1,701

Avg. Days On Market

46

# of Sold Homes

24

504 Avocado Ave Unit 1/2 vs Corona Del Mar

133 DAYS ON ROCKET

+87 Days

$1,498,000

-$2.2M Less

$1,875/SqFt

+$173 More

KEY TAKEAWAY

This property is $2.2M less than the Median Sold Price and $173/SqFt more than other homes in Corona Del Mar, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP23227520

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 632-6402
  • Listing Agent: Jennifer Wong

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 7:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$7,544

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,558

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3568939
9
/10

  • Harbor View Elementary School

  • 900 Goldenrod Ave

  • 0.51 miles

  • Public District Grades KG-6

High School

school-card-donut-3568940
9
/10

  • Corona Del Mar High School

  • 2101 Eastbluff Dr

  • 2.11 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $136,328. Typical income of Corona Del Mar, CA residents is $200k+ annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 504 Avocado Ave Unit 1/2

What is the listing price of this property?

The listing price of 504 Avocado Ave Unit 1/2 property is $1,498,000.

What type of property is this?

The property 504 Avocado Ave Unit 1/2 is a condo located in Corona Del Mar, California, 92625.

Is this property for sale now?

Active Listing: 504 Avocado Ave Unit 1/2 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 504 Avocado Ave Unit 1/2 are:
Harbor View Elementary School: GreatSchools Rating 9/10
Corona Del Mar High School: GreatSchools Rating 9/10

How many bedrooms and bathrooms does this property have?

The property at 504 Avocado Ave Unit 1/2 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 504 Avocado Ave Unit 1/2 is 799 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 504 Avocado Ave Unit 1/2 is 1948.

Rocket Homes›California›Orange County›Corona Del Mar›92625›504 Avocado Ave Unit 1/2

This home is located at 504 Avocado Ave Unit 1/2 in Corona Del Mar, CA and zip code 92625 in the Flower Streets / Corona del Mar Village neighborhood. This 799 square foot home was built in 1948. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 19, 2023 and is currently priced at $1,498,000.

While more than 2 listings in Corona Del Mar, CA in March 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 18 were sold below. Listings spent 46 days on the market in March 2024, and had a median list price of $3,705,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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