614 Narcissus Ave, Corona Del Mar, CA 92625 - View 1
614 Narcissus Ave, Corona Del Mar, CA 92625 - View 2
614 Narcissus Ave, Corona Del Mar, CA 92625 - View 3

614 Narcissus Ave, Corona Del Mar, CA 92625

Sale Price: $2,798,000
May 1, 20241,470 sqft3 beds2 baths
Listed by: Robert Razo
License #: 01342084
Phone #: 949-645-0132
Razo Realty Group
Source:
CRMLS Logo
MLS #: OC24082556

Property Description

Prime Development Opportunity in Coveted Corona Del Mar Village. This exceptional property presents a rare opportunity for savy Investors and Developers to craft your dream duplex, perfectly tailored to your specifications and desires. Situated in the highly sought-after Corona Del Mar Village community, this parcel of land beckons with promise and possibility. Immerse yourself in the vibrant energy of this thriving neighborhood, mere moments away from boutique shops, acclaimed dining destinations, and the sun-drenched shores of the beach. Boasting an ideal location, zoned R2 this property serves as the ideal canvas for crafting two distinct living spaces, each reflecting your unique vision and preferences. Whether you envision luxurious modern retreats or timeless coastal abodes, the potential is limitless. This is more than just a development opportunity—it's the chance to bring your vision to life and make your mark in the vibrant fabric of Corona Del Mar Village, one of Southern California's most coveted destinations. Currently the front unit offers 2 bedrooms and 1 bath. Adjacent to the front unit is a cozy back unit, comprising one bedroom and a convenient bathroom. Perfect for accommodating guests, extended family, or generating rental income. Sold As Is, this property presents an excellent opportunity for investors or those seeking to customize their own living space. Back unit is occupied, kindly refrain from disturbing their privacy. Property will be delivered vacant.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$45,729

TurboHome Estimated Value

$2,974,300

$2,023 sqft

High Valuation
$3,123,015
$2125/sqft
Normal Valuation
$2,974,300
$2023/sqft
Low Valuation
$2,825,585
$1922/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2023/sqft$2,974,300

Neighborhood: Corona del Mar North of PCH (CNHW)

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Comparative Value

$2.80M

$2.90M

$3.30M

$3.70M

$3.90M

$4.10M

614 Narcissus Ave, Corona Del Mar, CA 92625

Sale Price: $2,798,000

Selected Comparable

614 Narcissus Ave, Corona Del Mar, CA 92625

List Price: $2,900,000

Subject Property

531 Seaward Rd, Corona Del Mar, CA 92625

Sale Price: $3,300,000

Selected Comparable

521 Carnation Ave, Corona Del Mar, CA 92625

Sale Price: $3,700,000

Selected Comparable

531 De Anza Dr, Corona Del Mar, CA 92625

Sale Price: $3,895,000

Selected Comparable

3508 Seabreeze Ln, Corona Del Mar, CA 92625

Sale Price: $4,100,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
614 Narcissus Ave, Corona Del Mar, CA 92625

614 Narcissus Ave, Corona Del Mar, CA 92625

List: $2,900,000

Listed: 5/1/2024

Area:1,470 sqft
Price/sqft:$1,973
Beds:3
Baths:2
Year Built:
Lot Size:3,540

Comparable Properties

COMPARABLE
Choose comps
614 Narcissus Ave, Corona Del Mar, CA 92625

614 Narcissus Ave, Corona Del Mar, CA 92625

Sale: $2,798,000

9/11/20240.00 mi

Area:1,470 sqft
Price/sqft:$1,903
Beds:3
Baths:2
Year Built:
Weight:22.9%
531 De Anza Dr, Corona Del Mar, CA 92625

531 De Anza Dr, Corona Del Mar, CA 92625

Sale: $3,895,000

6/25/20250.41 mi

Area:1,813 sqft
Price/sqft:$2,148
Beds:3
Baths:2
Year Built:
Weight:20.6%
531 Seaward Rd, Corona Del Mar, CA 92625

531 Seaward Rd, Corona Del Mar, CA 92625

Sale: $3,300,000

6/27/20250.47 mi

Area:1,814 sqft
Price/sqft:$1,819
Beds:3
Baths:2
Year Built:
Weight:20.3%
3508 Seabreeze Ln, Corona Del Mar, CA 92625

3508 Seabreeze Ln, Corona Del Mar, CA 92625

Sale: $4,100,000

11/18/20240.33 mi

Area:1,900 sqft
Price/sqft:$2,158
Beds:3
Baths:2
Year Built:
Weight:18.1%
521 Carnation Ave, Corona Del Mar, CA 92625

521 Carnation Ave, Corona Del Mar, CA 92625

Sale: $3,700,000

5/6/20250.61 mi

Area:1,356 sqft
Price/sqft:$2,729
Beds:4
Baths:2
Year Built:
Weight:18.1%

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