• 1554 Orchard Drive Newport Beach, CA 92660

  • $1,499,000
  • 3
    Bed(s)
  • 2
    Baths
  • 1,592
    Sq Ft
  • 7514
    Sqft
  • Listed By: Gary Sully, The Sully Group, DRE #01095171
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Orange

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1065204761 1 2 1 0
2 1065204761 1 1 1 0

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Sewer Tap Paid

Interior Features

Roof : Composition

Interior Features: All Bedrooms Down,Bedroom on Main Level,Main Level Primary,Primary Suite

Windows: Double Pane Windows

Property Appliances: Dishwasher,Gas Oven,Microwave,Water Heater

Fireplace: None

Flooring: Vinyl

Cooling Features

Central Air

Air Conditioning

Heating Source

Central

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1962

Building Area Total: 1,592

Construction: Stucco

Roof: Composition

Foundation

Slab

Pool Features

None

Laundry Features

Washer Hookup,Gas Dryer Hookup,Outside

Fencing

Block,Wood

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1725

Lot Size Source: Appraiser

Lot Size Square Feet: 7514

Listing Price Information

Original List Price: 1,499,000

Listing Contract Date: 2024-03-25

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 43924115

Garage and Parking

Garage Description: Asphalt,Driveway Level,Driveway,Garage,RV Access/Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Cable TV,Electricity,Gas

Other Property Info

Source Listing Status: Active

Source Neighborhood: N7 - West Bay - Santa Ana Heights

Postal Code Plus 4: 1314

Directions: Mesa Drive and Santa Ana Ave

Source Property Type: Residential Income

Area: N7 - West Bay - Santa Ana Heights

Property SubType: Duplex

Building and Construction

Property Age: 62

Common Walls: 1 Common Wall

Property Condition: Additions/Alterations,Turnkey

Structure Type: Duplex

Year Built Source: Public Records

Entry Level: 1

Entry Location: 1

Property Attached: Yes

Levels or Stories: One

Building Total Stories: 1

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Nearby Home Value

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512 Laver Way, Newport Beach, CA,92660 $2,499,800 5 3 2,458 3633 Sqft
504 Playa, Newport Beach, CA,92660 $1,960,000 3 2 1,923 1956 Sqft
821 Camphor Street, Newport Beach, CA,92660 $4,600,000 5 6 4,000 7630 Sqft
11 Saratoga, Newport Beach, CA,92660 $849,000 2 2 1,150 --
1953 Vista Del Oro, Newport Beach, CA,92660 $2,129,000 3 3 1,816 2592 Sqft
1312 Dover Drive, Newport Beach, CA,92660 $4,495,000 4 4 5,206 9047 Sqft
6 Narbonne, Newport Beach, CA,92660 $6,990,000 5 4 5,938 12190 Sqft

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ByOwner last updated this listing 05/08/2024 @ 19:54

MLS: OC24060749
LISTED BY: Gary Sully, The Sully Group
SOURCE: CRMLS
Buyer Agency Compensation: 1.75%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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