29 days on rocket

1554 Orchard Dr, Newport Beach, CA, 92660

$1,595,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1554 Orchard Dr, Newport Beach$1,595,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAsphalt, Driveway Level, Driveway, Garage, RV Access/Parking
Garage2 spaces
Year Built1962
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewNone
MLS #OC24060749
Lot Size0.17 Acres
StatusActive

About 1554 Orchard Dr

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 Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 2

Listing Office:

  • Office Name: The Sully Group
  • Office Phone: (714) 404-5252
  • Listing Agent: Gary Sully

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Microwave, Water Heater
  • Flooring Type: Vinyl
  • Interior: All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Asphalt, Driveway Level, Driveway, Garage, RV Access/Parking

Lot Features

Lot Information:

  • Lot: Lawn, Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Newport Harbor High School, Public District Grades 9-12
  • Horace Ensign Intermediate School, Public District Grades 7-8
  • Heinz Kaiser Elementary School, Public District Grades 3-6

Other

Directions Information:

  • Directions: Mesa Drive and Santa Ana Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,595,000

Tax Information:

  • Annual Amount: $9,758
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.3M

Med. Price/SqFt

$1,364

Avg. Days On Market

51

# of Sold Homes

88

1554 Orchard Dr vs Newport Beach

29 DAYS ON ROCKET

-22 Days

$1,595,000

-$1.7M Less

KEY TAKEAWAY

This property is $1.7M less than the Median Sold Price in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24060749

Listing Office:

  • Office Name: The Sully Group
  • Office Phone: (714) 404-5252
  • Listing Agent: Gary Sully

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 25, 2015Home Sold
$750,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,758$820,234
2020$9,636$811,824
2019$9,233$795,906
2018$9,234$780,300
2017$9,082$765,000

History based on county public records data.

Payment Calculator

$8,028

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,848

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4494215
7
/10
  • Heinz Kaiser Elementary School

  • 2130 Santa Ana Ave

  • 1.61 miles

  • Public District Grades 3-6

Middle School

school-card-donut-4494216
7
/10
  • Horace Ensign Intermediate School

  • 2000 Cliff Dr

  • 3.57 miles

  • Public District Grades 7-8

High School

school-card-donut-4494217
7
/10
  • Newport Harbor High School

  • 600 Irvine Ave

  • 3.24 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,500. Residents of Newport Beach, CA typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaOrange CountyNewport Beach926601554 Orchard Dr

This home is located at 1554 Orchard Dr in Newport Beach, CA and zip code 92660 in the Eastside Costa Mesa neighborhood. This home, which was built in 1962, sits on a 0.17 acre lot. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $1,595,000.

While more than 14 listings in Newport Beach, CA in April 2024 were sold above asking price, there were more than 17 listings sold at asking price, and more than 57 were sold below. The number of listings in Newport Beach, CA increased by 11.2% between March 2024 and April 2024. Listings spent 51 days on the market in April 2024, and had a median list price of $3,356,190 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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