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Key Details
Sold Price $1,475,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24060754
Sold Date 06/13/24
Bedrooms 5
HOA Y/N No
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.
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 Oc - Newport Beach (92660)
Zoning Public Rec
Interior
Cooling Central Forced Air
Exterior
Exterior Feature Stucco
Roof Type Composition
Building
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $107
Acceptable Financing Exchange
Space Rent $2,500
Listing Terms Exchange
Financing Cash
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Bought with NON LISTED AGENT • San Diego
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