$3,095,000
Active
49 Days Online
6 Beds4 Baths2,374 SQFT
Active

209 Walnut Street Newport Beach, CA 92663

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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.

  • Property TypeMulti-Family
  • NeighborhoodWest Newport Beach (Wsnb)
  • CountyOrange
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site49 Days
  • MLS StatusActive
  • MLS ID NumberNP24160191
  • Home Size Source Assessor
  • Year Built1972
  • Lot Size0.06 Acres
  • Full Baths4
  • Partial BathsN/A

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General Features

  • Parking Garage
  • Parking Spaces 3
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0.06
  • Water Public
  • Property Sub Type Duplex
  • Garage Spaces 3
  • Attached Garage Yes
  • Listing Conditions Standard

Interior Features

  • Cooling None
  • Appliances Built- In RangeDishwasherRefrigerator
  • Fireplace Features None
  • Laundry Features In Garage
  • Fireplace No

Exterior Features

  • View NeighborhoodOcean
  • Pool Features None
  • Waterfront Property No
  • Waterfront Features Across the Road from Lake/ Ocean
  • Lot Level
  • Patio And Porch DeckPatio

Community Features

  • Association Dues 0
  • Community Features Sidewalks
  • Senior Community No
  • MLS Area N8 - West Newport - Lido

Schools

School District
Newport Mesa Unified
Elementary School
Newport
Middle School
Ensign
High School
Newport Harbor

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Monthly Payment (Est.)

$15,036
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