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$3,375,000

705 Iris Ave Corona Del Mar, CA 92625

0.08 acres
Multi-Family

Property details

About 705 Iris Ave

Centrally located in the Village of Corona del Mar, 705 Iris offers a wealth of possibilities! Currently configured as a duplex, the property could be a consistent income generator for the new owner. The main residence consists of two bedrooms and two bathrooms. The updated kitchen is open to a living room where natural light pours in, and a charming fireplace sits ready to warm coastal nights. The spacious living area that opens to a large front patio via a wall of folding doors. The rear cottage sits above the two car garage and consists of two bedrooms and one bathroom. There is also an additional unpermitted ground level studio. Although immensely livable as-is - the property is primed for redevelopment. Located just minutes to beautiful beaches, shopping, and award winning restaurants. This alluring cottage style home is ready for any number of living options.

Highlights

Home typeDuplex
HeatingForced Air, Fireplace(s)
StatusActive
Lot size0.08 Acres
Year built1950
ParkingGarage, Garage Faces Rear
MLS #OC24065122
Garage2 spaces
FireplaceFamily Room
ViewNeighborhood

Summary

  • Appliances: Dishwasher, Range, Disposal, Refrigerator, Dryer, Washer
  • Flooring Type: Carpet, Laminate, Wood
  • Interior: Beamed Ceilings, Balcony, High Ceilings, Living Room Deck Attached, Recessed Lighting, Unfurnished
  • Fireplace: Family Room
  • Garage Space: 2 spaces
  • Private Pool: No
  • Parking: Garage, Garage Faces Rear
  • View: Neighborhood
  • Heating: Forced Air, Fireplace(s)
  • Cooling: None
  • List Price: $3,375,000
  • HOA Amount: $0
  • Annual Tax Amount: $33,007
  • Tax Year: 2024
  • Directions: Driving north on PCH take right onto IRIS
  • Year Built: 1950
  • Stories: 2
  • Lot Size: 0.08 Acres
  • MLS Number: OC24065122
  • MLS Name: CRMLS
  • Office Name: O'Shaughnessy Group Real Estate
  • Office Phone: (949) 378-3075
  • Listing Agent: Brett Lucas

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: 7/24/2025, 7:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Nov 15, 2022
Home Sold
$3,025,000
Apr 27, 2007
Home Sold
$1,635,000
Oct 21, 1999
Home Sold
$725,000
Jan 23, 1991
Home Sold
$23,000
Jan 23, 1991
Home Sold
$525,000

Tax history

YearAssessmentProperty Tax
2024$3,085,500$33,007
2023$3,025,000$32,234
2022$2,064,206$22,218
2021$2,023,732$21,793

History based on county public records data.

Nearby schools

9

Harbor View Elementary School

Public District KG-6

0.2 mi

900 Goldenrod Ave

8

Abraham Lincoln Elementary School

Public District KG-6

0.9 mi

3101 Pacific View Dr

8

Roy O. Andersen Elementary School

Public District KG-6

1.6 mi

1900 Port Seabourne Way

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $98,544. Typical income of Corona Del Mar, CA residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

14%
<35k
36%
35k-100k
29%
100k-200k
21%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

62%
Single, No Kids
6%
Single, with Kids
21%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
4%
12-17 yrs old
28%
18-34 yrs old
47%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • The Container StoreThe Container Store
  • NordstromNordstrom
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • AcuraAcura

What do the neighbors listen to?

  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 705 Iris Ave

The listing price of 705 Iris Ave property is $3,375,000.

The property 705 Iris Ave is a multi located in Corona Del Mar, California, 92625.

Active Listing: 705 Iris Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 705 Iris Ave are: Harbor View Elementary School (GreatSchools Rating 9/10), Abraham Lincoln Elementary School (GreatSchools Rating 8/10), Roy O. Andersen Elementary School (GreatSchools Rating 8/10), Horace Ensign Intermediate School (GreatSchools Rating 8/10), Vista Verde K-8 School (GreatSchools Rating 9/10), Rancho San Joaquin Middle School (GreatSchools Rating 8/10), Corona Del Mar Middle and High School (GreatSchools Rating 8/10), Newport Harbor High School (GreatSchools Rating 7/10), Early College High School (GreatSchools Rating 10/10).

According to the records, the last property tax for 2024 is $33,007 (source: MLS/based on county public records data).

The last sale was on November 15, 2022 for $3,025,000 (source: MLS/tax record).

The year of construction for 705 Iris Ave is 1950.

This home is located at 705 Iris Ave in Corona Del Mar, CA and zip code 92625 in the Flower Streets / Corona del Mar Village neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 3, 2024 and is currently priced at $3,375,000.

In June 2025 more than 0 listings in Corona Del Mar, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 12 were sold below. The number of homes for sale in Corona Del Mar, CA decreased by 3.6% between May and June 2025. While the average time on the market in June 2025 was 46 days, the median list price was $4,100,000.

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

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