$1,475,000
$1,499,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
1554 Orchard DR Newport Beach, CA 92660
7,514 Sqft Lot
Key Details
Sold Price $1,475,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Santa Ana Heights Residential (Sahr)
MLS Listing ID OC24060749
Sold Date 06/13/24
Construction Status Additions/Alterations,Turnkey
HOA Y/N No
Year Built 1962
Lot Size 7,514 Sqft
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.
Location
State CA
County Orange
Area N7 - West Bay - Santa Ana Heights
Interior
Interior Features All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Oven, Microwave, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup, Outside
Exterior
Garage Asphalt, Driveway Level, Driveway, Garage, RV Access/Parking
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Wood
Pool None
Community Features Golf
Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Available
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre, Lawn, Level, Yard
Story 2
Entry Level One
Foundation Slab
Sewer Sewer Tap Paid
Water Public
Level or Stories One
New Construction No
Construction Status Additions/Alterations,Turnkey
Others
Senior Community No
Tax ID 43924115
Acceptable Financing 1031 Exchange, Submit
Listing Terms 1031 Exchange, Submit
Financing Cash
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Kamfar Kyle Mirrafati • Matthews Real Estate Investment Services