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Vacant Duplex with Private Patios
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 Market44

Property Features for 707 Larkspur Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 2, Bedroom 4, Bedroom 3, Family Room, Laundry Room, Bedroom 5, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 6, Bedroom 1, Bathroom 5, Bathroom 4
Parking 4
Parking features Garage, Carport, Covered
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
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
Lot size 0.08 Acres

Utilities

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

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 30 Changed: Aug 11 Last Checked: Aug 12 at 2:06AM
MLS# NP26120041

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.

VACANT duplex at 707 & 707 1/2 Larkspur Avenue, offered together and not available for separate purchase. Built in 2004, the approximately 3,108-square-foot property features two residences with a private-patio layout that creates a sense of independence. Each home has its own laundry area and separate utilities, plus a total of four parking spaces, including a one-car garage and one-car carport for each residence.

The front residence is approximately 1,795 square feet and offers three bedrooms and two-and-one-half baths, with an elevated front patio featuring a fountain and gas lamp fixtures. The living room opens to the outdoors through French doors, and the custom kitchen includes stainless steel appliances and a pantry. Two fireplaces are included, with one in the living room and one in the primary bedroom. The rear residence is approximately 1,313 square feet, offering two bedrooms and two-and-one-half baths, with an open-concept living room and kitchen, plus a private rear patio. A rooftop terrace tops the home above.

Interior amenities include granite and tile counters, a pantry, stone flooring, and central heating with central air. Public water is provided and cable is available.

Key Highlights

  • Vacant duplex offered together as 707 & 707 1/2 Larkspur Avenue
  • Approximately 3,108 SF total with two residences and private patio separation
  • Each residence has separate utilities and its own laundry area

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 - Vacant 2004-built duplex with two residences, separate utilities, private patios, and central heating and cooling.
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: Vacant duplex offered together as 707 & 707 1/2 Larkspur Avenue; Approximately 3,108 SF total with two residences and private patio separation; Each residence has separate utilities and its own laundry area
More about this property
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