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Vacant Duplex with Private Patios
For Sale
$5,350,000

707 Larkspur Avenue, Corona del Mar, CA 92625

Vacant, well-maintained 2004 duplex with separate residences, private patios, and dedicated laundry and utilities.

Property Size3,108 SF
Price / SF$1,721
Days on Market62

Property Features for 707 Larkspur Avenue

General Information

Standard status Active
Size 3,108 SF
Total Parking Spaces 4
Property subtype Duplex

Additional Details

Multifamily Units 2

Building Details

Building Size 3,108 SF
Year Built 2004
Listing Agency: Arbor Real Estate
Listed By: Stephanie Peterson · License #01984954
Source: Summerperrygroup
Added: Jun 30 Changed: Aug 28 Last Checked: Aug 29 at 3:54PM

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 Arbor Real Estate

Investment Insights

Based on property information with market context.

707 Larkspur Avenue is a vacant duplex built in 2004, offered together as one purchase. The approximately 3,108-square-foot property is arranged as two residences designed to function more like separate homes than a traditional duplex. Private patios separate the living spaces, and each residence includes its own laundry area and separate utilities. Parking totals four spaces, with a one-car garage and one-car carport for each residence.

The front residence features an elevated patio entry with a fountain and gas lamp-style fixtures. Inside, French doors connect the living room to outdoor space, and the layout includes three bedrooms and two-and-one-half baths. The custom kitchen is equipped with stainless steel appliances and opens to a dining area overlooking a private rear patio. Additional interior highlights include a built-in desk, dry bar, generous pantry, and a powder bath. Two fireplaces—one in the living room and one in the primary bedroom—add warmth. The second level provides the primary suite with a custom-built closet, plus two secondary bedrooms sharing a hall full bath, along with a private rooftop terrace above with a peek-a-boo water view.

As a duplex that is already separated by patios with independent laundry and utilities, the property can fit an owner-user who wants privacy, or an investor seeking a straightforward two-home setup. Each residence also comes with its own dedicated parking configuration, helping reduce day-to-day shared-area friction.

Key Highlights

  • Vacant duplex at 707 & 707 Larkspur Avenue (offered together only), built in 2004 with approx. 3,108 SF total.
  • Two residences designed for privacy: separated by private patios, each with its own laundry area and separate utilities.
  • Parking for both homes: 1‑car garage and 1‑car carport for each residence (4 spaces total).

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

Location Intelligence

Trade Area within ½ mile

112
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 - Vacant, well-maintained 2004 duplex with separate residences, private patios, and dedicated laundry and utilities.
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 at 707 & 707 Larkspur Avenue (offered together only), built in 2004 with approx. 3,108 SF total.; Two residences designed for privacy: separated by private patios, each with its own laundry area and separate utilities.; Parking for both homes: 1‑car garage and 1‑car carport for each residence (4 spaces total).
More about this property
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