1544 Orchard Drive, Newport Beach, CA 92660
- $1,475,000
- Sold Price
- $1,475,000
- List Price
- $1,499,000
- Closing Date
- Jun 13, 2024
- Status
- CLOSED
- MLS#
- OC24060754
- Year Built
- 1962
- Lot Size
- 7,487
- Acres
- 0.17
- Lot Location
- 2-5 Units/Acre, Back Yard, Front Yard, Level, Street Level, Yard
- Days on Market
- 37
- Property Type
- Multifamily
- Style
- Craftsman
- Property Sub Type
- Duplex
- Stories
- One Level
- Neighborhood
- , Other
Property Description
A rare developer opportunity! This remodeled single story duplex is situated on a flat lot in an excellent location in Newport Beach next to Santa Ana Country Club. Buyer has the option of building 2 units per lot approx. (7840 sq ft). Excellent long term tenants residing in the units currently. Low expenses and good income. RV parking. 1554 Orchard, NB is also for sale on a separate listing. The duplexes are contiguous and are being sold together.
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Additional Information
- Other Buildings
- Two On A Lot
- Appliances
- Dishwasher, Gas Oven, Gas Water Heater
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Exterior Construction
- Stucco
- Roof
- Composition
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $63,000
- Operating Expense
- 14200
Listing courtesy of Listing Agent: Gary Sully (Gary@TheSullyGroup.com) from Listing Office: The Sully Group.
Listing sold by Kamfar Kyle Mirrafati from Matthews Real Estate Investment Services
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.