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Ocean-View Duplex
New
For Sale
$3,995,000

510 Avocado, Newport Beach, CA 92625

Two-unit property with private decks, bonus rooms, and shared garage storage.

Property Size3,194 SF
Lot Size0.08 Acres
Days on Market5

Property Features for 510 Avocado

General Information

Standard status Active
Size 3,194 SF
Total Parking Spaces 2
Lot size 0.08 Acres
Property subtype Duplex

Property Condition

Severity Minor
Evidence renovate to maximize value

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Amenities

bonus room
private deck
front deck
ocean views
storage space

Building Details

Building Size 3,194 SF
Year Built 1972
Buildings 1
Listing Agency: Compass
Listed By: Grant Bixby · License #01364572
Source: Summerperrygroup
Added: Aug 12 Changed: Aug 15 Last Checked: Aug 15 at 12:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This 1972 duplex at 510 Avocado includes two approximately 1,500 SF residences, each with 3 bedrooms, 2 bathrooms, and a bonus room adaptable as office or living space. The upper residence has ocean views and a private deck, while the lower residence includes a front deck with partial ocean views. Both units connect to outdoor space and coastal breezes.

The property occupies an approximately 30' x 118' lot totaling 3,540 sq. ft. in Corona Del Mar’s Flower Streets, oceanside of Pacific Coast Highway. Begonia Park is two blocks away, with the shops, restaurants, and beaches of Corona Del Mar Village within walking distance. The shared two-car garage provides additional storage, and the property is positioned across from Irvine Terrace. Existing improvements support continued use, renovation, or redevelopment into two residences as described in the property information.

Key Highlights

  • Two‑unit duplex with approximately 1,500 SF per residence
  • Each residence includes 3 bedrooms, 2 bathrooms, and a bonus room
  • Upper unit offers ocean views and a private deck; lower unit has partial ocean views and a front 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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with private decks, bonus rooms, and shared garage storage.
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 residence; Each residence includes 3 bedrooms, 2 bathrooms, and a bonus room; Upper unit offers ocean views and a private deck; lower unit has partial ocean views and a front deck
More about this property
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