For SaleNeutral Deal3 days on market
224 Iris Ave
224 Iris Ave, Corona Del Mar, CA 92625, Corona Del Mar, CA 92625
$13,995,000
Estimate®:$13,373,500
Listing Price
224 Iris Ave, Corona Del Mar, CA 92625
Loc: Corona Del Mar, CA
Days Listed
3
Tax Assessed
$2898k
Estimate®
$13374k
Market Rate
Lot Size
4,720 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Harbor View Elementary School
K-6
0.6 mi away
8
Corona Del Mar High School
7-12
2.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Single Family Residence2028Central, ENERGY STAR Qualified Equipment, Fireplace(s), ZonedCentral Air, ENERGY STAR Qualified Equipment, Zoned3 Attached Garage spaces4,720 sqft1 Day$3,010
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.64%
Total ROI
103.1%
Cash Flow
$4,783/mo
DSCR
1.07
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $4,783/mo net cash flow with a 6.6% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.6%)
- • Strong rental demand in Corona Del Mar
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $13,995,000 | $3,010 |
| 2026-09-21 | Sold | $6,200,000 | $1,334 |
| 2026-09-15 | Pending sale | $6,200,000 | $1,334 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $2,897,932 |
| 2025 | $30,172 | $2,841,110 |
| 2024 | $29,700 | $2,785,402 |
| 2023 | $29,006.9 | $2,730,787 |
| 2022 | $28,526.98 | $2,677,243 |
| 2021 | $27,979.98 | $2,624,749 |
| 2020 | $27,711.52 | $2,597,836 |
| 2019 | $27,711.52 | $2,546,899 |
| 2018 | $27,136.26 | $2,496,960 |
| 2017 | $26,124.5 | $2,448,000 |
| 2016 | $26,124.5 | $2,400,000 |
| 2015 | $25,536.68 | $257,102 |
| 2014 | $2,910.98 | $252,066 |
| 2013 | $0 | $250,927 |
| 2012 | $0 | $246,007 |
| 2011 | $0 | $241,184 |
| 2010 | $0 | $239,382 |
| 2009 | $0 | $239,952 |
| 2008 | $0 | $235,248 |
| 2007 | $0 | $230,636 |
| 2006 | $0 | $226,114 |
| 2005 | $0 | $221,681 |
| 2004 | $0 | $217,335 |
| 2003 | $0 | $213,352 |
| 2002 | $0 | $209,169 |
| 2001 | $2,103.1 | $205,068 |
| 2000 | $2,049.06 | $201,048 |
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