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.
Sold for $1,475,000 on 06/13/24
Listing Provided by:
Gary Sully DRE #01095171 714-404-5252,
The Sully Group,
Leah Wear DRE #01976531 714-665-1101,
The Sully Group
Bought with: Matthews Real Estate Investment Services
$1,475,000
1544 Orchard Dr, Newport Beach, CA 92660
5beds
2baths
1,592sqft
Duplex
Built in 1962
-- sqft lot
$-- Zestimate®
$927/sqft
$6,909 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 13, 2024 at 04:57pm
Listing Provided by:
Gary Sully DRE #01095171 714-404-5252,
The Sully Group,
Leah Wear DRE #01976531 714-665-1101,
The Sully Group
Bought with:
Kamfar Kyle Mirrafati, DRE #01911204
Matthews Real Estate Investment Services
Source: CRMLS,MLS#: OC24060754
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Primary bedroom
- Features: Main Level Primary
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Oven, Gas Water Heater
- Laundry: Washer Hookup, Gas Dryer Hookup, Outside
Features
- All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
- Flooring: Vinyl
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,592
- Total interior livable area: 1,592 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport, Driveway Level, Driveway, Garage, Off Street, RV Access/Parking
- Garage spaces: 2
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Block,Wood
- Has view: Yes
- View description: None
Lot
- Size: 7,487 sqft
- Features: 2-5 Units/Acre, Back Yard, Front Yard, Level, Street Level, Yard
Details
- Additional structures: Two On A Lot
- Parcel number: 43924114
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Slab
- Roof: Composition
Condition
- Additions/Alterations,Turnkey
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Golf
Location
- Region: Newport Beach
- Subdivision: ,Other
HOA & financial
Other financial information
- Total actual rent: 63000
Other
Other facts
- Listing terms: 1031 Exchange
- Road surface type: Paved