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

411 Jasmine Avenue, Corona Del Mar, California 92625 home-pic-0
ACTIVE UNDER CONTRACT$3,150,000
411 Jasmine Avenue, Corona Del Mar, California 92625
0Bed
0Bath
1,839Sqft
3,540Lot
Year Built
1954
Close
-
List price
$3.15M
Original List price
$3.15M
Price/Sqft
$1,713
HOA
-
Days on market
-
Sold On
-
MLS number
NP25225782
Home ConditionFair
Features
Good View: City Lights, Trees/Woods
Patio
ViewCity Lights,Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $3.15M(25th), sqft - 1839(50th), beds - undefined(42th), baths - undefined(42th).

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
10/04/25
Listing
$3,150,000
Condition Rating
Fair

Built in 1954, this property has undergone some thoughtful updates, particularly in one of the units which features a modern kitchen with white shaker cabinets, light countertops, and stainless steel appliances, along with a contemporary bathroom. However, the other unit and the studio show more dated finishes, including older kitchen cabinets, appliances, and bathroom fixtures, as well as popcorn ceilings in the studio. While well-maintained and functional, the inconsistent level of renovation across the units and the overall age of the structure mean it requires minor updates in some areas to achieve a uniform modern standard, aligning with a 'Fair' condition rating.
Pros & Cons

Pros

Exceptional Coastal Location: Prime Corona del Mar 'Flower Street' address, situated South of Coast Highway, steps from CDM Village's vibrant amenities, iconic beaches (Main Beach, China Cove), and convenient freeway access.
High Income & Investment Versatility: A nicely remodeled duplex with a bonus studio offers immediate rental income and flexible options for investors, developers, or owner-users.
Strong Redevelopment Potential: R-2 zoning permits significant redevelopment opportunities, including two luxury condos or a custom dream home with an ADU, in a neighborhood of newly constructed properties.
Updated Rental Units: The two charming bungalow-style units and bonus studio are 'thoughtfully updated for modern comfort,' ensuring tenant appeal and immediate income generation.
Top-Tier School District: Inclusion in the highly-rated Newport Harbor Unified School District and proximity to a children's park significantly boosts family appeal and long-term property value.

Cons

Property Age: Built in 1954, the underlying structure is older, which may imply potential for deferred maintenance or the need for substantial investment if considering full redevelopment.
Modest Lot Size for Redevelopment: The 3,540 sq ft lot, while valuable, is relatively small for ambitious luxury redevelopment projects, potentially limiting the scale of new construction compared to larger parcels in the area.
Current Configuration Limitations: While updated, the existing 2-bedroom, 1-bathroom units and studio may not fully align with the luxury expectations or square footage demands of the surrounding high-end market without further significant upgrades or complete redevelopment.

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