411 Jasmine Avenue, Corona Del Mar, California 92625, Corona Del Mar, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$3,150,000
411 Jasmine Avenue, Corona Del Mar, California 92625
5Beds
3Baths
1,839Sqft
3,540Lot
Year Built
1954
Close
-
List price
$3.15M
Original List price
$3.15M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NP25223600
Home ConditionGood
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

Located South of Coast Highway on one of the coveted Flower streets, this nicely remodeled duplex—with a bonus studio—presents an exceptional opportunity for Investors, Developers, or Owner-users alike. Each of the two charming bungalow-style units offer 2 bedrooms and 1 bathroom, thoughtfully updated for modern comfort, while the additional studio provides extra rental income potential. Positioned just steps from the vibrant Corona del Mar Village and within a short distance to the area’s iconic beaches—including Main Beach and China Cove—the property sits on a 3,540 sq ft lot surrounded by beautifully renovated and newly constructed homes, ensuring strong long-term value or an amazing opportunity for your next development project. With R-2 zoning you could have the option to live in one unit and rent the others, hold as a high-performing income property, redevelop into two large luxury condos, or possibly build your dream home by the sea with an ADU. Enjoy unmatched proximity to CDM Village’s cafés, boutiques, fine restaurants, freeway access, and Fashion Island. Families will appreciate inclusion in the top-rated Newport Harbor Unified School District and nearby children’s park that further enhances the property’s lifestyle appeal. Don’t miss this rare chance to own a versatile and valuable property in one of Orange County’s most sought-after coastal communities.

Nearby schools

9/10
Harbor View Elementary School
Public,PK-60.4mi
7/10
Abraham Lincoln Elementary School
Public,K-61.1mi
9/10
Roy O. Andersen Elementary School
Public,K-61.8mi
9/10
Newport Coast Elementary School
Public,PK-62.8mi
9/10
Corona Del Mar High School
Public,7-122.6mi

Price History

Date
Event
Price
10/03/25
Listing
$3,150,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (19 Listings)
Beds55.5
50%
Baths35.5
25%
Square foot1,8391,819
50%
Lot Size3,5403,540
50%
Price$3.15M$3.51M
15%
Price per square foot$1,713$1,802.5
45%
Built year19549760977
55%
HOA
Days on market33182
10%
Condition Rating
Good

The property, built in 1954, has been 'nicely remodeled' and 'thoughtfully updated for modern comfort' as stated in the description. The images confirm significant recent renovations, particularly in the bathrooms which feature modern vanities, subway tile showers, and hexagonal floor tiles. Kitchen 1 has updated white shaker-style cabinets, light countertops, and stainless steel appliances, though the tile flooring is a bit dated. Kitchen 2 is also functional and clean, albeit with a slightly older aesthetic (two-tone cabinets, white appliances). Flooring throughout most living areas is hardwood/laminate. Wall-mounted AC units provide modern cooling. While the original infrastructure is 70 years old and some elements like the studio's popcorn ceiling or Kitchen 2's style are not brand new, the overall condition is move-in ready with no immediate renovations required, aligning with a 'Good' rating. The updates appear to be within the 5-15 year timeframe.
Pros & Cons

Pros

Prime Coastal Location: Located South of Coast Highway on a coveted 'Flower Street' in Corona del Mar, offering unmatched proximity to CDM Village's amenities, fine restaurants, boutiques, and iconic beaches like Main Beach and China Cove.
Exceptional Income Potential: The property is a nicely remodeled duplex with a bonus studio, providing three separate rental units for strong rental income or owner-occupancy with significant income offset.
Versatile Investment & Development Opportunity: R-2 zoning allows for multiple strategies: live in one unit and rent others, hold as a high-performing income property, redevelop into two large luxury condos, or build a dream home with an ADU, supported by a neighborhood of renovated homes.
Top-Rated School District: Inclusion in the highly-regarded Newport Harbor Unified School District and proximity to a children's park significantly enhances the property's appeal for families and contributes to long-term value.
Updated Units: Each bungalow-style unit has been thoughtfully updated for modern comfort, reducing immediate renovation needs for new owners or tenants.

Cons

Modest Lot Size: The 3,540 sq ft lot size may be considered modest for a luxury redevelopment project in Corona del Mar, potentially limiting the scale or footprint of a new high-end home or two large luxury condos.
Age of Original Construction: Built in 1954, despite remodels, the underlying infrastructure of the original structure may require significant investment for a full redevelopment or long-term maintenance compared to newer constructions.
Compact Unit Sizes: With a total of 1839 sq ft across a duplex and a studio, the individual living spaces are relatively compact, which might not appeal to all luxury buyers or tenants seeking more expansive accommodations.

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