$1,475,000
$1,499,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
1544 Orchard DR Newport Beach, CA 92660
7,487 Sqft Lot
Key Details
Sold Price $1,475,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision ,Other
MLS Listing ID OC24060754
Sold Date 06/13/24
Construction Status Additions/Alterations,Turnkey
HOA Y/N No
Year Built 1962
Lot Size 7,487 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
Zoning R2
Rooms
Other Rooms Two On A Lot
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, Gas Water Heater
Laundry Washer Hookup, Gas Dryer Hookup, Outside
Exterior
Parking Features Detached Carport, Driveway Level, Driveway, Garage, Off Street, RV Access/Parking
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Wood
Pool None
Community Features Golf
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre, Back Yard, Front Yard, Level, Street Level, Yard
Faces North
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Level or Stories One
Additional Building Two On A Lot
New Construction No
Construction Status Additions/Alterations,Turnkey
Others
Senior Community No
Tax ID 43924114
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Kamfar Kyle Mirrafati • Matthews Real Estate Investment Services