Seller's Agent in 2024
Gary Sully
The Sully Group
(714) 404-5252
2 in this area
44 Total Sales
1544 Orchard Dr Newport Beach, CA 92660
Eastside Costa Mesa Neighborhood
5
Beds
2
Baths
1,592
Sq Ft
7,487
Sq Ft Lot
Highlights
- Golf Course Community
- RV Access or Parking
- Craftsman Architecture
- Heinz Kaiser Elementary School Rated A
- Primary Bedroom Suite
- Private Yard
About This Home
As of June 2024A 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.
Last Agent to Sell the Property
The Sully Group Brokerage Phone: 714-404-5252 License #01095171 Listed on: 04/02/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 7,487 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Block Wall Fence
- Level Lot
- Private Yard
- Back and Front Yard
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- Detached Carport Space
- Parking Available
- Driveway Level
- Off-Street Parking
- RV Access or Parking
Home Design
- Duplex
- Craftsman Architecture
- Turnkey
- Additions or Alterations
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 1,592 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Living Room
- Vinyl Flooring
Kitchen
- Gas Oven
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Suite
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Washer and Gas Dryer Hookup
Additional Homes
- Two Homes on a Lot
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 14
- Tax Tract Number 456
- Assessor Parcel Number 43924114
- $1,285 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Golf Course Community
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,400
- Other Expense $8,000
- Trash Expense $1,200
- Water Sewer Expense $2,400
- Operating Expense $14,200
- Gross Income $68,400
- Net Operating Income $48,800
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2024 06/13/24 | Sold | $1,475,000 | -1.6% | $927 / Sq Ft |
| 05/09/2024 05/09/24 | Pending | -- | -- | -- |
| 05/07/2024 05/07/24 | Price Changed | $1,499,000 | -6.0% | $942 / Sq Ft |
| 04/23/2024 04/23/24 | Price Changed | $1,595,000 | -0.3% | $1,002 / Sq Ft |
| 04/22/2024 04/22/24 | Price Changed | $1,599,000 | -0.1% | $1,004 / Sq Ft |
| 04/15/2024 04/15/24 | Price Changed | $1,599,900 | -5.6% | $1,005 / Sq Ft |
| 04/02/2024 04/02/24 | For Sale | $1,695,000 | -- | $1,065 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Gary Sully
-
Leah Wear
L
Seller Co-Listing Agent in 2024
Leah Wear
The Sully Group
(949) 679-0440
2 in this area
31 Total Sales
-
Kyle Mirrafati
Buyer's Agent in 2024
Kyle Mirrafati
Matthews Real Estate Investment Services
(866) 889-0550
2 in this area
24 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24060754
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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