510 and 510 1/2 Avocado is an exceptional investment and development opportunity in one of Corona Del Mar's most desirable neighborhoods. Situated on an approximately 30' x 118' lot (3,540 sq. ft.) in the coveted Flower Streets, this existing duplex offers endless possibilities—live in as-is or lease for immediate income, renovate to maximize value, or redevelop into two custom luxury residences. Each unit of approx. 1,500 SF features 3 bedrooms, 2 bathrooms, plus a versatile bonus room that can be used as an office, or additional living space. The upper unit enjoys ocean views and a spacious private deck, perfect for indoor-outdoor coastal living. The lower unit has a front deck off the living room with peek-a-boo ocean views. Both properties open to the coastal breeze and sunsets. Located oceanside of Pacific Coast Highway, just two blocks from Begonia Park and across from the prestigious Irvine Terrace neighborhood, this property is also a short stroll to the shops, restaurants, and beaches of the Corona del Mar Village. Additional highlights include: -Great ingress/egress avoids Village traffic -Median with 2x free street parking as other locations -Shared two-car garage with storage space -Stately, wide street creates feeling of openness -Highly sought-after Flower Streets location -Elevated lot for privacy and enhanced views -Outstanding opportunity to remodel, hold, or build new. This is a rare chance to own a premier property in the heart of Corona del Mar, offering exceptional lifestyle appeal and long-term investment potential.
Bedrooms
6
Bathrooms
4
Square Feet
3,194
Lot Size
3,354 sqft
Year Built
1972
Property Type
Duplex
Days on Market
0
HOA Fee
N/A
Garage Total
2
MLS #
NP26174289
Interior Features
Breakfast Bar, Balcony, Ceiling Fans, High Ceilings, Tile Counters, All Bedrooms Up, All Bedrooms Down
Flooring
Carpet, Wood
Fireplace
Family Room
Appliances
Six Burner Stove, Convection Oven, Dishwasher, Refrigerator
Laundry
Inside
Main Level Bedrooms
3
Main Level Bathrooms
2
Heating
Forced Air
Total Parking Spaces
2
Garage Spaces
2
Attached Garage
Yes
Parking Features
Door Single, Garage, Garage Faces Rear
Patio & Porch
Deck, Front Porch
Fencing
Average Condition
Construction
Frame, Shingle Siding
Foundation
Slab
Roof
Shingle
Direction Faced
South
Lot Features
Zero To One Unit Acre
Sewer
Public Sewer
Water Source
Public
Biking, Hiking, Park, Street Lights, Suburban, Sidewalks
$0
| Rating | School Name |
|---|---|
10 | Harbor View Elementary Elementary School |
9 | Abraham Lincoln Elementary Elementary School |
N/A | HARBOR DAY SCHOOL Private School |
10 | Roy O. Andersen Elementary Elementary School |
N/A | OUR LADY QUEEN OF ANGELS SCHOOL Private School |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features