209 Walnut Street, Newport Beach, CA 92663
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Listed Price :
$3,095,000
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Beds :
6
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Baths :
4
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Property Size :
2,374 sqft
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Year Built :
1972
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.
Interior Features
Laundry Information |
Location(s) |
In Garage |
Bedroom Information |
Features |
Bedroom on Main Level |
Bedrooms |
6 |
Bathroom Information |
Bathrooms |
4 |
Interior Information |
Features |
Bedroom on Main Level, Main Level Primary, Primary Suite |
Cooling Type |
None |
Listing Information
Address |
209 Walnut Street |
City |
Newport Beach |
State |
CA |
Zip |
92663 |
County |
Orange |
Listing Agent |
Tori Rimlinger DRE #01512376 |
Courtesy Of |
Compass |
List Price |
$3,095,000 |
Status |
Active |
Type |
Residential |
Subtype |
Duplex |
Structure Size |
2,374 |
Lot Size |
2,614 |
Year Built |
1972 |
Listing information courtesy of: Tori Rimlinger, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 3:41 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.