For SaleRisky Deal15 days on market
716 Orchid Ave
716 Orchid Ave, Corona Del Mar, CA 92625, Corona Del Mar, CA 92625
$4,595,000
Listing Price
716 Orchid Ave, Corona Del Mar, CA 92625
Loc: Corona Del Mar, CA
Days Listed
15
Lot Size
3,538 sqft
Type
condo
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Harbor View Elementary School
K-6
0.4 mi away
8
Corona Del Mar High School
7-12
2.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Condominium2023Central, ZonedCentral Air, Zoned1 Attached Garage space15 Days$2,606
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.04%
Total ROI
90.2%
Cash Flow
$-707/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-707/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Corona Del Mar
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-09 | Listed for sale | $4,595,000 | $2,606 |
| 2024-04-10 | Sold | $3,650,000 | $2,070 |
| 2024-04-03 | Pending sale | $3,795,000 | $2,153 |
| 2024-04-03 | Contingent | $3,795,000 | $2,153 |
| 2024-03-22 | Pending sale | $3,795,000 | $2,153 |
| 2024-03-14 | Contingent | $3,795,000 | $2,153 |
| 2024-02-07 | Price change | $3,795,000 | $2,153 |
| 2023-09-27 | Price change | $3,995,000 | $2,266 |
| 2021-11-10 | Pending sale | $2,999,000 | $1,701 |
| 2021-10-26 | Contingent | $2,999,000 | $1,701 |
| 2021-10-09 | Listed for sale | $2,999,000 | $1,701 |
| 2017-08-16 | Listing removed | $2,300,000 | $1,305 |
| 2017-05-23 | Price change | $2,300,000 | $1,305 |
| 2017-02-24 | Listed for sale | $2,600,000 | $1,475 |
| 2016-06-29 | Listing removed | $2,400 | $1 |
| 2016-03-09 | Price change | $2,400 | $1 |
| 2015-12-05 | Listed for rent | $2,600 | $1 |
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