705 Orchid Avenue
$3,295,000
5
5
2,967
2,967
$1,111
Description
Welcome to the gorgeous seaside community of Corona Del Mar! World class shopping, entertainment & dining, coupled with beautiful weather all year makes this coastal paradise extremely attractive to discerning homebuyers, capable developers, and savvy investors! Just a few short blocks to downtown CDM & to the beach, this beautiful duplex offers two spacious units: A 3 bedroom 3 bathroom in the picture-perfect front cottage, and 2 bedrooms & 2 bathrooms in the rear unit. The property has a two car...Welcome to the gorgeous seaside community of Corona Del Mar! World class shopping, entertainment & dining, coupled with beautiful weather all year makes this coastal paradise extremely attractive to discerning homebuyers, capable developers, and savvy investors! Just a few short blocks to downtown CDM & to the beach, this beautiful duplex offers two spacious units: A 3 bedroom 3 bathroom in the picture-perfect front cottage, and 2 bedrooms & 2 bathrooms in the rear unit. The property has a two car garage, a lovely central courtyard separating the front and rear units, and community laundry in the garage (separate hookups for each unit). The property is being sold as-is. From a re-development perspective, the subject property is an ideal candidate for redevelopment. The city of Newport Beach launched an incentive program for the preservation of beach cottages on January 25, 2022, which allows owners to build substantial additions (up to 50 percent of the existing floor area or a maximum of 750 square feet) without providing the minimum code-required parking. Only the structure affected by the renovation/addition will have to comply with current building code standards. Refer to city website for more details.
- Listed by James Vanar • DRE #01389279 • Brokerage DRE #02078075 • Anchor West Properties, Inc. • 949-392-3242
Property Details for 705 Orchid Avenue
View
None
Parking Spaces Total2
Private PoolNo
Cooling TypeN/K
Total Units2.0
Building TypeDetached
Lot Size SourceAssessor
Living Area2967
LISTING UPDATED: 11/19/2024 01:20 AM
Property Details for 705 Orchid Avenue
Status | Active |
---|---|
MLS # | OC24196512 |
Days on Market | 63 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Townhouse |
MLS Type | Residential |
Year Built | 1969 |
Lot Size | 0.08 AC / 3,385 SF |
County | Orange County |
Building Information for 705 Orchid Avenue
Stories2Residences-Year Built1969Building Size-Lot Size0.08 AC / 3,385 SF
Property Information for 705 Orchid Avenue
Property History for 705 Orchid Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 705 Orchid Avenue
Taxable ValueLand$885,804Additions$131,737Total$1,017,541
Tax Record2024$11,263 ($939 / month)
Home Facts
Total Finished SqFt1,354 SqFtAbove Grade Finished SqFt1,354 SqFtLot Size3,538 SqFtStyleMulti-Family Dwelling (2-4)Year Built1969CountyORANGEAPN459-072-13
Schools near 705 Orchid Avenue
This home is within Newport-Mesa Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 12 | |||
Public - | K to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Harbor View Elementary School PublicK to 6 | ||
Corona Del Mar High School Public7 to 12 | ||
Monte Vista High School PublicK to 12 | ||
Back Bay High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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