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Newport Beach, CA 92660,1554 Orchard DR
Newport Beach, CA 92660,1554 Orchard DR
Newport Beach, CA 92660,1554 Orchard DR
$1,475,000
Est. payment /mo
$1,499,000
1.6%
Est.Price: ?

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7,514 Sqft Lot
SOLD DATE : 06/13/2024

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

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

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplaces Type None

Laundry Washer Hookup, Gas Dryer Hookup, Outside

Exterior

Parking Features 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

Building

Lot Description 2-5 Units/Acre, Lawn, Level, Yard

Story 2

Foundation Slab

Sewer Sewer Tap Paid

Water Public

New Construction No

Others

Acceptable Financing 1031 Exchange, Submit

Listing Terms 1031 Exchange, Submit

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Gary Sully • The Sully Group • 714-404-5252
Bought with Kamfar Kyle Mirrafati • Matthews Real Estate Investment Services
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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