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Duplex with Private Rooftop Terrace
For Sale
$5,350,000

707 Larkspur Avenue, Corona del Mar, CA 92625

MULTI_FAMILY - Spanish, Mediterranean - Corona del Mar, CA

Property Size3,108 SF
Lot Size0.08 Acres
Price / SF$1,721
Days on Market72

Property Features for 707 Larkspur Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Family Room, Bedroom 5, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4, Laundry Room, Bathroom 6, Bathroom 5, Bathroom 4, Bedroom 2, Bedroom 3
Parking 4
Parking features Carport, Covered, Garage
Patio and Porch features Patio, Deck
Interior features Unfurnished, High Ceilings, Pantry, Tile Counters, Granite Counters
Fireplace 1
Appliances 6 Burner Stove, Microwave, Built-In Range, Refrigerator, Range Hood, Gas Range, Gas Oven, Dishwasher
Subdivision Corona del Mar North of PCH (CNHW)
Lot features Sprinklers In Front, Sprinklers Timer, Sprinklers Drip System, 2-5 Units/ Acre, Sprinklers In Rear
View Park
Elementary school Harbor View
Middle school Corona Del Mar
High school Corona Del Mar
Elementary school district Newport Mesa Unified
Middle school district Newport Mesa Unified
High school district Newport Mesa Unified
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.
Standard status Active
APN 45906114
Size 3,108 SF
Lot size 0.08 Acres

Utilities

Utilities Cable Available
Heating system Central
Cooling system Central Air
Water source Public

Amenities

private patios
on-site laundry
fountain
gas lamp fixtures
French doors
custom kitchen
stainless steel appliances
built-in desk
dry bar
pantry
powder bath
fireplaces
custom-built closet
rooftop terrace

Building Details

Year built 2004
Floors in Building 3
Number of units 2
Flooring type Stone
Roof type Tile
Architectural style Mediterranean, Spanish
Listing Agency: Arbor Real Estate
Listed By: Stephanie Peterson · License #01984954
Added: Jun 2 Changed: Aug 11 Last Checked: Aug 12 at 2:06AM
MLS# NP26118292

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

707 & 707 1/2 Larkspur Avenue is a Spanish/Mediterranean duplex built in 2004 on a 0.0813-acre lot. The approximately 3,108-square-foot property has two residences offered together and not available for separate purchase, designed to feel like separate homes. Private patios provide separation, and each residence has its own laundry area and separate utilities.

The front residence is approximately 1,795 square feet with three bedrooms and two-and-one-half baths, plus an elevated front patio with a fountain and gas lamp fixtures. Interior features include central heating and central air, a custom kitchen with stainless steel appliances, a dining area that overlooks a private rear patio, built-in desk, dry bar, and pantry. Two fireplaces are included, one in the living room and one in the primary bedroom. The primary suite is on the second level, and a private rooftop terrace crowns the home.

The rear residence is approximately 1,313 square feet with two bedrooms and two-and-one-half baths, with an open-concept living room and kitchen. It is currently vacant and ready for a tenant or guest. The property includes four parking spaces total, with a one-car garage and one-car carport for each home, and cable available.

Key Highlights

  • 0.0813‑acre lot with a 3,108‑SF Spanish/Mediterranean duplex built in 2004
  • Two residences separated by private patios, each with its own laundry area and separate utilities
  • Front residence: 1,795 SF, 3 bedrooms, 2.5 baths, two fireplaces and rooftop terrace

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Restaurant Parking Lot & Garage Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,978
Businesses Nearby

Demographics for 92625, CA

12,017
Population
6,802
Households
1.8
Avg Household Size
54
Median Age
73%
College-Educated
99%
High-School Grad
2.6 sq mi
ZIP Area
4,622
Density / Sq Mi
$197,628
Median Household Income
$114,295
Median Earnings
$3,501
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences separated by private patios, each with its own laundry area and separate utilities, with central A/C and heat.
Where is this duplex located?
The property is located at 707 Larkspur Avenue Corona del Mar, CA.
What is the asking price?
The asking price for this property is $5,350,000.
What are key features of this property?
This property features: 0.0813‑acre lot with a 3,108‑SF Spanish/Mediterranean duplex built in 2004; Two residences separated by private patios, each with its own laundry area and separate utilities; Front residence: 1,795 SF, 3 bedrooms, 2.5 baths, two fireplaces and rooftop terrace
More about this property
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