Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    305 Fernleaf Ave Corona Del Mar, CA 92625-2902

    • Residential income homes
    • 3,970 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $4,335,000
    Last Sale
    Sep 13, 2021
    $4,200,000
    Location Intelligence
    Property ID
    US09-1213244
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Isalis / Gift Shop / Boutique
    • Party City / Party Store / Balloon Store
    • Skunk Funk / Wholesaler / Clothing Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for 305 Fernleaf Ave

    Year built
    1956
    Lot size
    0.17 lot acres
    Property size
    3,970 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    052-021-08
    APU
    5202108

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,880,000
      6.5%
      $3,855,000
      7%
      $4,445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,300,000
      Geo Method
      $4,925,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,385,000
      Retail
      $3,595,000
      Mixed-Use
      $4,550,000
      Hospitality
      $4,560,000
      Educational
      $3,835,000
      Residential Income
      $3,815,000
      Energy
      $3,625,000
      Income-Based Land
      $4,065,000
      Food Service
      $4,140,000

    Location Insight

    • Map
    • Local Demand
    City
    Corona Del Mar
    County
    Orange
    State
    California
    Longitude
    -117.877
    Latitude
    33.5984
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $46,189
    $4,103,545
    $180,455
    $4,284,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $355,000
      4,845 SF

      300 Marguerite Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,845 SF
      300 Marguerite Ave, Corona Del Mar, CA 92625
      View Details
    • Value Estimation by Request
      3,200 SF

      512 Iris Ave

      Multifamily properties • 3,200 SF
      512 Iris Ave, Newport Beach, CA 92625
      View Details
    • Value Estimation by Request
      3,200 SF

      510 Iris Ave

      Multifamily properties • 3,200 SF
      510 Iris Ave, Newport Beach, CA 92625
      View Details
    • Value Estimation by Request
      2,591 SF

      1907 Chubasco Dr

      Multifamily properties • 2,591 SF
      1907 Chubasco Dr, Newport Beach, CA 92625
      View Details
    • Value Estimation by Request
      3,588 SF

      310 Larkspur Ave

      APARTMENT HOUSE (5+ UNITS) • 3,588 SF
      310 Larkspur Ave, Corona Del Mar, CA 92625-3040
      View Details
    • Value Estimation by Request
      2,756 SF

      315 Marguerite Ave

      APARTMENT HOUSE (5+ UNITS) • 2,756 SF
      315 Marguerite Ave, Corona Del Mar, CA 92625-3088
      View Details

    Similar Nearby for Sale

    • $450,000
      1,226 SF

      Newport Beach Boutique Opportunity

      Established women's boutique in upscale Newport Beach shopping center.
      Newport Coast Dr, Newport Beach, CA 92625
      View Details
    • $2,800,000

      Corona Del Mar Specialty Property

      Specialty property available for sale in Corona Del Mar.
      514 Iris Ave, Corona del Mar, CA 92625
      View Details
    • $300,000

      Newport Beach Specialty Property

      Specialty property available for sale in Newport Beach, CA.
      3407 Coast Hwy E, Newport Beach, CA 92625
      View Details
    • $2,800,000

      Corona Del Mar Specialty Property

      Specialty property available for sale in Corona Del Mar.
      516 Iris Ave, Corona del Mar, CA 92625
      View Details
    • $4,995,000

      Corona Del Mar Property

      Property in Corona Del Mar, CA for sale.
      2516 Bayside Dr, Corona del Mar, CA 92625
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      797 SF

      Retail Space Near Corona Beach

      Retail space with high ceilings and large window frontage.
      3533 East Coast Hwy, Newport Beach, CA 92625
      View Details
    • Contact for pricing
      5,746 SF

      Upgraded Office Space Available

      Recently upgraded office spaces with on-site parking and private restrooms.
      436 Heliotrope Ave, Corona del Mar, CA 92625
      View Details
    • $66 SF/Yr
      3,113 SF

      3519 Coast Hwy

      Individual retail properties • 3,113 SF
      3519 Coast Hwy, Newport Beach, CA 92625
      View Details
    • $18,500 /Mo

      Luxury Retail Space in Corona

      Prime retail space in affluent Corona del Mar Village.
      3519 E Coast Blvd, Corona del Mar, CA 92625
      View Details
    • $5 SF/Yr
      2,460 SF

      Retail Space in Prime Location

      Highly improved retail space with day spa build-out.
      3028 E Coast Hwy, Corona del Mar, CA 92625
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    305 Fernleaf Ave
    Corona Del Mar, CA 92625-2902
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.