707 Larkspur Avenue Corona del Mar, CA $ 5,350,000
707 Larkspur Avenue
$ 5,350,000
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707 Larkspur Avenue

Corona del Mar, CA, 92625
$ 5,350,000
Baths2.1 Sq 3,108

Monthly Estimate*

$ 33,780

Listed by Arbor Real Estate
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Studio

Multi-Family Home for sale in Corona del Mar, CA

for $5,350,000 with 2 full baths, 1 half bath. This 3,108 square foot home was built in 2004 on a lot size of 0.0813.

VACANT duplex - 707 & 707½ Larkspur Avenue presents a rare opportunity to acquire a well-located duplex in the heart of Corona del Mar Village. Offered together and not available for separate purchase, the property provides exceptional flexibility for an owner-user, investor, or multi-generational living arrangement. Built in 2004 and beautifully maintained, the approximately 3,108 square-foot property comprises two thoughtfully designed residences that live more like separate homes than a traditional duplex. Separated by private patios that create a remarkable sense of privacy and independence, each residence enjoys its own laundry area and separate utilities, with four parking spaces in total - a one-car garage and one-car carport for each home. The front residence spans approximately 1,795 square feet and offers three bedrooms and two-and-one-half baths. An elevated front patio with a charming fountain and gas lamp fixtures welcomes guests, while French doors create a seamless connection between the living room and outdoor space. The custom kitchen, appointed with stainless steel appliances, opens to a dining area overlooking a private rear patio, complemented by a built-in desk, dry bar, generous pantry, and powder bath. Two fireplaces — one in the living room and one in the primary bedroom - add warmth and ambiance throughout. The second level holds the primary suite, with a custom-built closet, alongside two secondary bedrooms sharing a hall full bath. A private rooftop terrace crowns the home above, offering a peek-a-boo view of the water. The rear residence offers approximately 1,313 square feet with two bedrooms and two-and-one-half baths, with an open-concept living room and kitchen. Whether held as an investment, occupied while generating supplemental rental income, or utilized for multi-generational living, the property offers a range of ownership opportunities in one of Orange County's most sought-after coastal communities. Surrounded by the best of Corona del Mar Village - acclaimed dining, boutique shopping, pristine beaches, harbor activities, convenient freeway access, and nearby John Wayne Airport — the home is also in close proximity to the Community Youth Center and Grant Howald Park, and just steps to the OASIS Senior Center and Fitness Center. This exceptional offering invites you to invest in, live in, and enjoy the quintessential CdM lifestyle.

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Multi-Family Active

Price

$ 5,350,000

Bedrooms

Studio

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0813

Year Built

2004

Town/City

Corona del Mar

County/Region

Orange

MLS | Web ID

NP26120041

Days on Market

2

Features
General
Sewer Sewer Tap Paid
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow
Roof Tile
Appliances 6 Burner Stove Built-In Range Dishwasher Gas Oven Gas Range Microwave Refrigerator Range Hood
HOA Fee 0
Garage Spaces 2
Architectural Style Custom Mediterranean Spanish
Pool Features None
Security Features Security System
Year Built 2004
View Park/Greenbelt Neighborhood Peek-A-Boo
Levels Three Or More
Property Subtype Duplex
Gross Income 138000
Community Features Biking Curbs Dog Park Hiking Storm Drain(s)
Accessibility Safe Emergency Egress from Home Parking
County Orange
Net Operating Income 37719
Operating Expense 43542
Insurance Expense 4953
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Corona del Mar North of PCH (CNHW)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Travel south on Pacific Coast Highway. Turn left onto Larkspur Avenue and continue into the Village. The property 707 & 707 1/2 Larkspur Avenue will be on the left-hand side.
City Corona Del Mar
Entry Location 1
Senior Community Y/N false
Number Of Units Total 2
MLS Area CS - Corona Del Mar - Spyglass
Lot Size Units Square Feet
Lot Size Square Feet 3540
Carport Spaces 2
Carport Y/N true
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 82
Property Condition Turnkey
Trash Expense 86
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 7
Property Sub Type Additional Duplex
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Interior
Interior Amenities Granite Counters High Ceilings Pantry Tile Counters Unfurnished All Bedrooms Up Primary Suite Walk-In Pantry Walk-In Closet(s)
Flooring Stone
Fireplace Features Family Room Gas Primary Bedroom
Total Stories 3
Common Walls 1 Common Wall No One Above
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Washer Hookup Gas Dryer Hookup Laundry Room
Entry Level 1
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Exterior
Fencing Stucco Wall
Parking Features Attached Carport Covered Garage
Lot Features 2-5 Units/Acre Drip Irrigation/Bubblers Sprinklers In Rear Sprinklers In Front Sprinklers Timer
Water Source Public
Total Parking 4
Lot Size Area 3540
Foundation Details Slab
Number of Buildings 1
Spa false
Building Area Total 3108
Lot Size Acres 0.0813
Road Surface Type Alley Paved
Private Pool false
Lot Size Source Assessor
Door Features French Doors
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type City Street
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* Excluded Features
List By
Arbor Real Estate

Broker

speterson@arborrealestate.com

Email

Affordability Calculator

$33,780
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Monthly Principal & Interest
$33,780
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Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/30/2026$5,350,000 Listed Price

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707 Larkspur Avenue, Corona del Mar, CA, 92625 is a Multi-Family Home for sale at $5,350,000 with 3,108 sqft and a lot size of 0.0813. 707 Larkspur Avenue is a studio with 2.1 baths and was built in 2004. The property's zip code is 92625 which is in Corona del Mar, CA