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Duplex With Ocean Views
For Sale
$3,995,000

510 Avocado, Newport Beach, CA 92625

MULTI_FAMILY - Cape Cod - Newport Beach, CA

Property SizeContact for details
Lot Size0.08 Acres
Days on Market46

Property Features for 510 Avocado

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bedroom 4, Laundry Room, Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 3, Bedroom 1, Family Room
Parking 2
Parking features Garage
Interior features Beamed Ceilings, High Ceilings, Ceiling Fan(s)
Fireplace 1
Appliances 6 Burner Stove, Water Heater, Refrigerator, Freezer, Dishwasher
Subdivision Corona del Mar South of PCH (CDMS)
Lot features Rectangular Lot, 0-1 Unit/ Acre, Park Nearby
View Ocean
Directions Apple or Google Maps
Standard status Active
APN 45909105
Lot size 0.08 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1972
Floors in Building 2
Number of units 2
Flooring type Carpet, Wood
Architectural style Cape Cod
Listing Agency: Compass
Listed By: Grant Bixby · License #01364572
Added: Jul 2 Changed: Aug 16 Last Checked: Aug 16 at 5:06AM
MLS# NP26174879

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.

This Cape Cod duplex, built in 1972, includes two units of approximately 1,500 SF each. Both residences offer three bedrooms, two bathrooms, and a bonus room that can function as office or additional living space. The upper unit includes ocean views and a private deck, while the lower unit has a front deck with partial ocean views. Wood and carpet flooring, forced-air heating, fireplaces, and six-burner stoves are among the existing features.

The property occupies an approximately 30' x 118' lot totaling 3,540 sq. ft. in the Flower Streets area of Corona Del Mar, oceanside of Pacific Coast Highway. Begonia Park is two blocks away, with Corona Del Mar Village shops, restaurants, and beaches within walking distance. A shared two-car garage provides storage, and the property is positioned across from Irvine Terrace. The existing duplex can be occupied, leased, renovated, or redeveloped into two custom residences, as described in the property information.

Key Highlights

  • Two‑unit duplex with approximately 1,500 SF per unit
  • Each unit includes 3 bedrooms, 2 bathrooms, and a bonus room
  • Upper residence has ocean views and a private deck

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Garden Center Plumbing Service Butcher (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

2,760
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 three-bedroom units include bonus rooms, private decks, and a shared two-car garage.
Where is this duplex located?
The property is located at 510 Avocado Newport Beach, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Two‑unit duplex with approximately 1,500 SF per unit; Each unit includes 3 bedrooms, 2 bathrooms, and a bonus room; Upper residence has ocean views and a private deck
More about this property
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