1554 Orchard Drive, Newport Beach, CA 92660

$1,599,900
List Price
$1,599,900
Price Change
▼ $95,100 1713234698
Status
ACTIVE
MLS#
OC24060749
Year Built
1962
Lot Size
7,405
Acres
0.17
Lot Location
2-5 Units/Acre, Lawn, Level, Yard
Days on Market
20
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level
Neighborhood
Santa Ana Heights Residential (Sahr)

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 (7405 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.

Additional Information

Appliances
Dishwasher, Gas Oven, Microwave, 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
Sewer Tap Paid
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
$64,800
Operating Expense
14200

Listing courtesy of Listing Agent: Gary Sully (Gary@TheSullyGroup.com) from Listing Office: The Sully Group.

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

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.