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Listed by Tori Rimlinger • Compass
$3,095,000
Est. payment /mo
6 BD
4 BA
2,374 SqFt
Active
209 Walnut Street Newport Beach, CA 92663
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UPDATED:
11/27/2024 03:49 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,374 sqft
Price per Sqft $1,303
Subdivision West Newport Beach
MLS Listing ID NP-24160191
Bedrooms 6
Full Baths 4
Year Built 1972
Lot Size 2,614 Sqft
Property Description
Rare Investment Opportunity in Newport Shores! This fully occupied duplex, just two blocks from the beach and iconic surf, is a prime find for savvy investors. Each impeccably designed unit features 3 bedrooms and 2 bathrooms, offering exceptional value in one of Newport Beach's most coveted coastal communities. Recent upgrades, including new exterior paint, flooring, bathrooms, and kitchens in both units, elevate the property's appeal and rental potential. Open floor plans, abundant natural light, spacious rooms, and decks and patios perfect for enjoying the ocean breeze make these units highly desirable. The lower unit (A) boasts new vinyl plank flooring, a spacious patio, and stainless appliances, while the upper unit (B) showcases newer flooring, cathedral ceilings, and two decks, one with blue water views. In addition, the duplex includes 3-car garage parking and shared laundry facilities. Professionally managed for years with meticulous attention to maintenance and support, this property offers a seamless revenue opportunity with tenants in leases through July 2025. Don't miss out on this excellent opportunity to invest in Newport Beach.
Location
State CA
County Orange
Interior
Cooling None
Fireplaces Type None
Laundry In Garage
Exterior
Garage Spaces 3.0
Pool None
Community Features Sidewalks
View Y/N Yes
View Ocean
Building
Lot Description Level
Sewer Public Sewer
Schools
Elementary Schools Newport
Middle Schools Ensign
High Schools Newport Harbor
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