714 Orchid Avenue, Corona Del Mar, CA 92625

$3,400,000
List Price
$3,400,000
Status
ACTIVE
MLS#
NP24117352
Year Built
1949
Lot Size
3,489
Acres
0.08
Lot Location
Front Yard, Gentle Sloping
Days on Market
35
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
Corona Del Mar North Of Pch (Cnhw)

Property Description

This duplex is located in upper Orchid Avenue, one of the most desirable streets in CDM with less parking hassles and is fully rented. This is the first time on the market in over fifty years. This well-maintained property has private patio areas, quintessential beach cottage kitchens and bathrooms, laminate wood flooring, walk-in closets, shared laundry, fireplace, vaulted ceilings, and more. Property has been professionally managed by Genuine Property Management since 2018. Copies of floor plan, leases, visual inspections, repair history, tenant ledgers, and other documents are available upon request. Priced right to attract a new landlord who desires to provide the same great Corona del Mar living experience with quality residents already in place. Close to all the CDM Village restaurants, shops, and amenities, as well as a short walk to parks, trails, beaches, and Oasis Senior Center. A shared two car garage with laundry and is being sold as-is. Please do not disturb residents.

Additional Information

Appliances
Disposal, Gas Oven, Gas Range, Refrigerator
Pool Description
None
Fireplace Description
Family Room
Heat
Fireplace(s), Wall Furnace
Cooling Description
None
Garage Spaces Total
2
Sewer
Public Sewer, Sewer Tap Paid
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$77,400
Operating Expense
5550

Listing courtesy of Listing Agent: Marcel Ford (marcel@oldnewportrealty.com) from Listing Office: Old Newport Realty.

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.