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Prime 40-foot wide R-2 zoned lot located in the coveted 300-block of the CDM “Flower Streets”. This property is ideally located on the even-numbered, sunny side of Iris Avenue, a quiet, no-though street with close proximity to the beach, the Goldenrod foot bridge and CDM's shops and restaurants. It is currently improved with two charming and well-maintained side-by-side 2-story rental units each with 2 BR/1Bath. The property is also ideally suited for redevelopment into a single-family residence or a 2-condo front and back project, either scenario providing up to approximately 4,000-sf of living area. This represents an extraordinary opportunity to own quality investment property or custom-build your new home. Experience the best of coastal living in the heart of Corona del Mar with easy access to shopping, recreation, award winning schools and much more.
Listing agent: Gordon Henry DRE #00704984 gordon@gordonhenry.com, Listing office: HOM Sotheby's International Re
MLS data updated 10/30/2026, 11:45:30 AM PT
Source: CRMLS, MLS #: NP17023389
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 5, 2017
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92625 · Oct 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
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