209 Walnut Street Newport Beach, CA 92663
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 TypeTownhouse
- NeighborhoodN/A
- CountyOrange
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site65 Days
- MLS StatusActive
- MLS ID NumberNP24160191
- Home Size Source N/A
- Year Built1972
- Lot Size0.06 Acres
- Full Baths4
- Partial BathsN/A
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General Features
- Parking Garage Garage
- Parking Garage Spaces 3
- Sewer Public Sewer
- Terms CashCash To New Loan
- Stories 2 Story
Interior Features
- Additional Rooms Bedroom Entry LevelKitchenLiving Room
- Cooling N/K
- Equipment DishwasherRefrigerator
Exterior Features
- Water Public
- Pool N/K
- View OceanNeighborhood
Community Features
- Sales Restrictions Standard
- Laundry Location Garage