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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.
Listing agent: Ron Mazzano DRE #00344222 rmazzano@cox.net, Listing office: Ron Mazzano, Broker
MLS data updated 11/3/2026, 10:28:01 AM PT
Source: CRMLS, MLS #: NP25223600
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Nov 10, 2025
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,770,000Closed sale · Nov 10, 2025ZIP 92625 · Nov 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.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.
MLS records may be incomplete. Earlier asking prices are not sale prices.