510 Avocado Newport Beach, CA $ 3,995,000
510 Avocado
$ 3,995,000
Recently Listed
Open House 8/15 1pm - 4pm
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510 Avocado

Newport Beach, CA, 92625
$ 3,995,000
Baths2.0 Sq 3,194

Monthly Estimate*

$ 25,225

Listed by Compass
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Studio

Multi-Family Home for sale in Newport Beach, CA

for $3,995,000 with 2 full baths. This 3,194 square foot home was built in 1972 on a lot size of 0.077.

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.

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Open House

8/15/2026 1:00 PM - 4:00 PM
8/16/2026 1:00 PM - 4:00 PM
510 Avocado Newport Beach, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 3,995,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.077

Year Built

1972

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

NP26174879

Days on Market

44

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected
Appliances 6 Burner Stove Dishwasher Freezer Refrigerator Water Heater
HOA Fee 0
Garage Spaces 2
Architectural Style Cape Cod
Pool Features None
Security Features Fire Detection System Smoke Detector(s)
Year Built 1972
Electric Standard
View Neighborhood Ocean
Stories Count 2
Levels Two
Property Subtype Duplex
Gross Income 168000
Community Features Biking Curbs Golf Hiking Suburban Sidewalks Park
County Orange
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Corona del Mar South of PCH (CDMS)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Apple or Google Maps
City Newport Beach
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 3354
Number of Units Leased 0
Listing Terms Cash Conventional 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Walk Score 79
Water Sewer Expense 0
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 29
Virtual Tour https://www.510avocado.com/
Property Sub Type Additional Duplex
Expected Active Date 2026-08-12
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Interior
Interior Amenities Beamed Ceilings Ceiling Fan(s) High Ceilings All Bedrooms Up All Bedrooms Down
Flooring Carpet Wood
Fireplace Features Living Room
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Laundry Features Inside
Entry Level 1
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Exterior
Parking Features Garage Garage Faces Rear On Street
Lot Features 0-1 Unit/Acre Near Park Rectangular Lot
Water Source Public
Total Parking 2
Lot Size Area 3354
Foundation Details Slab
Number of Buildings 1
Spa false
Building Area Total 3194
Lot Size Acres 0.077
Road Surface Type Paved
Private Pool false
Lot Size Source Appraiser
Number of Separate Water Meters 1
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
Compass

Broker

grant@bixbyresidential.com

Email

Affordability Calculator

$25,225
Per Month
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Monthly Principal & Interest
$25,225
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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
8/11/2026$3,995,000 Listed Price

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510 Avocado, Newport Beach, CA, 92625 is a Multi-Family Home for sale at $3,995,000 with 3,194 sqft and a lot size of 0.077. 510 Avocado is a studio with 2.0 baths and was built in 1972. The property's zip code is 92625 which is in Newport Beach, CA