714-914-4996

209 Walnut Street,
Newport Beach, CA 92663

$3,095,000

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.

Basic Information

MLS #:
NP24160191

Price:
$3,095,000

Price
(per sq ft):
$1,303.00

Address:
209 Walnut Street ,
Newport Beach, CA 92663

MLS Area:
N8 - West Newport - Lido

Subdivision:
West Newport Beach (WSNB)

Property
Type:
Duplex

Days on Market:
73

Status:
Active

Bedrooms:
6

Bathrooms:
4

Full Baths:
4

Size (sq ft):
2,374 sq ft

Lot Size:
2,614 sq ft

Year Built:
1972

Sale Type:
Standard

Rooms in Home

Rooms:
Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite

Eating Area:

Laundry:
In Garage

Entry Location:
1

Interior Features

Fireplace:
None

Cooling:
None

Heating:

Floor:

Appliances:
Built-In Range, Dishwasher, Refrigerator

Interior Features:

Security:

Accessibility:

Garage and Parking

Garage:
Attached

Garage:
3 Spaces

Carport:
0 Spaces

Parking:
Garage

Home Owners Association

HOA Dues 1:
$0.00 /

HOA Dues 2:
$

HOA Amenities: 

Utilities

Water:
Public

Utilities:

School Information

District:
Newport Mesa Unified

Elementary:
NEWPOR

Middle:
ENSIGN

High:
NEWHAR

Exterior Features

Pool:
None

Spa:

Patio:
Deck, Patio

View:
Neighborhood, Ocean

Construction:

Foundation:

Roof:

Windows:

Common Walls:
1 Common Wall

Levels:
Two

Lot Features:
Level

Additional Information

County:
Orange

Senior Community:
No

Community Features:
Sidewalks

Other Structures:

Structure Condition:

Direction Faces:

Listed by:
Compass , Tori Rimlinger , 01512376

Co-Listed:

Last
Updated:
10/22/2024 1:37 AM

209 Walnut Street,
Newport Beach, CA 92663