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705 Iris, Corona del Mar, CA 92625

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For Sale

$3,375,000

5 beds • 4 baths • 2,350 sqft

Estimated Payment

$ 17,297 /mo. †

6.63% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $1,436.17
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Centrally located in the Village of Corona del Mar, 705 Iris offers a wealth of possibilities! Currently configured as a triplex, the property could be a consistent income generator for the new owner. The main residence consists of two bedrooms and two bathrooms. The updated kitchen is open to a living room where natural light pours in, and a charming fireplace sits ready to warm coastal nights. The spacious living area that opens to a large front patio via a wall of folding doors. The rear cottage sits above the two car garage and consists of two bedrooms and one bathroom. The third unit is a large, ground level studio. Although immensely livable as-is - the property is primed for redevelopment. Located just minutes to beautiful beaches, shopping, and award winning restaurants. This alluring cottage style home is ready for any number of living options.
MLS# LG24062639

Courtesy Of Compass

(949) 438-4340

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    None
  • Heating System
    Forced Air
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 705 Iris, Corona del Mar, CA 92625

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $17,297
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $17,297

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Harbor View Elementary School

Grades KG-6 Public School

Corona Del Mar, CA 92625 0.2 miles
900 goldenrod ave

275 total students
17:1 Student teacher ratio

School Rating: A

School Details

Corona Del Mar Middle And High School

Grades 7-12 Public School

Newport Beach, CA 92660 2.3 miles
2101 eastbluff dr

2169 total students
24:1 Student teacher ratio

School Rating: A

School Details
Other Nearby Schools Distance Type Grades School Rating
Abraham Lincoln Elementary School 0.9 miles Public KG-6 A-
Harbor Day School 0.9 miles Private KG-8
Roy O. Andersen Elementary School 1.6 miles Public KG-6 A-
Our Lady Queen Of Angels School 2.2 miles Private KG-8
St Matthews Montessori 2.3 miles Private PK-TKG
Newport Coast Elementary School 2.6 miles Public KG-6 A-
Newport Christian School 2.7 miles Private KG-12
Newport Elementary School 2.8 miles Public KG-6 A-
Eastbluff Elementary School 2.9 miles Public KG-6 A-
Mariners Elementary School 2.9 miles Public KG-6 B+
Newport Harbor High School 2.9 miles Public 9-12 B+
Horace Ensign Intermediate School 2.9 miles Public 7-8 A-
Harper 3.1 miles Public KG
Vista Verde K-8 School 3.2 miles Public KG-8 A
Tvt Community Day School 3.2 miles Private KG-12
University Montessori School 3.4 miles Private PK-KG
Woodland Elementary School 3.4 miles Public KG-2
Newport Heights Elementary School 3.4 miles Public KG-6 B+

Abraham Lincoln Elementary School

Distance: 0.9 miles

Type Public

Grades: KG-6

A-

Harbor Day School

Distance: 0.9 miles

Type Private

Grades: KG-8

Roy O. Andersen Elementary School

Distance: 1.6 miles

Type Public

Grades: KG-6

A-

Our Lady Queen Of Angels School

Distance: 2.2 miles

Type Private

Grades: KG-8

St Matthews Montessori

Distance: 2.3 miles

Type Private

Grades: PK-TKG

Newport Coast Elementary School

Distance: 2.6 miles

Type Public

Grades: KG-6

A-

Newport Christian School

Distance: 2.7 miles

Type Private

Grades: KG-12

Newport Elementary School

Distance: 2.8 miles

Type Public

Grades: KG-6

A-

Eastbluff Elementary School

Distance: 2.9 miles

Type Public

Grades: KG-6

A-

Mariners Elementary School

Distance: 2.9 miles

Type Public

Grades: KG-6

B+

Newport Harbor High School

Distance: 2.9 miles

Type Public

Grades: 9-12

B+

Horace Ensign Intermediate School

Distance: 2.9 miles

Type Public

Grades: 7-8

A-

Harper

Distance: 3.1 miles

Type Public

Grades: KG

Vista Verde K-8 School

Distance: 3.2 miles

Type Public

Grades: KG-8

A

Tvt Community Day School

Distance: 3.2 miles

Type Private

Grades: KG-12

University Montessori School

Distance: 3.4 miles

Type Private

Grades: PK-KG

Woodland Elementary School

Distance: 3.4 miles

Type Public

Grades: KG-2

Newport Heights Elementary School

Distance: 3.4 miles

Type Public

Grades: KG-6

B+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Corona del Mar, CA 92625

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Corona del Mar, CA 92625

This community’s employment is highest in the administrative support and food industries. The area’s overall household expenses are above the national average.

78° August
Hottest Average Month
44° January
Coldest Average Month
5,452 Total Households in Area
-1.7% Increase in population since the year 2010
18.3%
of households
have children
18 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Corona del Mar, CA 92625

Corona del Mar, CA 92625 has a population of 11,431 people in 5,452 households with a median age of 54.5 years old.

-1.7%
Decrease in population
since the year 2010
Population is Trending down
5,635
Total households as of 2010
2.3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 54.5 years old. The smallest percentage group is 65-74 years and the largest percentage is the 18-24 years age range.

Community Population By Ethnicity

White 83%
Asian 7%
Hispanic 7%
Other 1%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 83%, followed by Asian at 7%, Hispanic at 7%, and Other at 1%.

Economics
for Corona del Mar, CA 92625

4,006 /sq mi
Population Density
$171,511 /yr
Median Household Income
$4,100,000
Median Sales Price
18 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 43.78% of the households.

Transportation to Work

  • Drive 74%
  • Work from Home 24%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 3,266 52%
Rented 2,187 35%
Vacant 825 13%

White vs Blue Collar Jobs







White Collar 96%
Blue Collar 4%

Family & Education Facts
for Corona del Mar, CA 92625

54.5 Median Age

Average Household Size

2.1
persons per
household

47.7%

Married Households

Community Population By Education

Bachelors Degree 42%
Graduate Degree 32%
Some College 11%
High School Graduate 9%
Associates Degree 5%
Some High School 2%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 41.99% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
18.3% of households have children

Weather
for Corona del Mar, CA 92625

The weather for this area ranges from a high of 78° F in August to a low of 44° F in January

78° August
Hottest Average Month
44° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
44°
66°
Feb
46°
67°
Mar
47°
68°
Apr
50°
67°
May
54°
69°
Jun
57°
72°
Jul
61°
76°
Aug
61°
78°
Sep
59°
77°
Oct
55°
73°
Nov
49°
71°
Dec
44°
67°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Corona del Mar, CA 92625!
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Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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