2015 Barranca, Newport Beach, CA 92660

$995,000
3
BD
2
BA
1,184
SqFt

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List Price
$995,000
Price Change
▼ $200,000 1784858238
Status
ACTIVE
MLS#
NP26128531
Year Built
1966
Bedrooms
3
Bathrooms
2
Living Sq. Ft
1,184
Lot Size
1,640
Acres
0.04
Lot Location
0-1 Unit/Acre
Days on Market
54
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
Bluffs Original (Bori)

Property Description

********************************************* LAND LEASE ***************************************************************** MAJOR PRICE ADJUSTMENT. Out-of-state seller risks losing their upleg. This home needs to be sold ASAP. Super-clean, remodeled single-level end unit with a small ocean view. Kitchen eating area. Overlooks the community pool. Close to Corona Del Mar High and Our Lady Queen of Angels Church. This property is located on leased land. The Irvine Company owns the land. Lease payment is currently $ 2,622.24 per year. The Land Lease Buyout Amount is $481,062.00 with a lease expiration of 2041. Buyer to verify actual lease amounts at closing. If a buyer needs financing, include a pre-approval letter from a lender addressing the land lease with your offer. For questions regarding the land lease, email Cyndi Akers at cakers@irvinecompany.com.

Additional Information

Land Lease
Yes
Land Lease Amount
$2622.24
HOA
677
Frequency
Monthly
Association Amenities
Barbecue, Pool
Appliances
Dryer, Washer
Pool Description
Association
Heat
Central
Cooling Description
None
View
Ocean, Peek-A-Boo
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public, Private
School District
Newport Mesa Unified
Interior Features
Primary Suite
Attached Structure
Attached
Number Of Units Total
6

Listing courtesy of Listing Agent: Keith Randle (kbrandle@yahoo.com) from Listing Office: Keith Randle, Broker.

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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.