209 Walnut Street, Newport Beach, CA 92663 - MLS#CRNP24160191

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Paolo Ocampo

paolo.ocampo@exprealty.com +1(510) 736-3886

Listed by Tori Rimlinger • Compass

$3,095,000

Est. payment - /mo

6 Beds

4 Baths

2,374 SqFt

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UPDATED:

08/10/2024 09:00 PM

Key Details

Property Type Single Family Home

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 2,374 sqft

Price per Sqft $1,303

MLS Listing ID CRNP24160191

Bedrooms 6

Full Baths 4

HOA Y/N No

Originating Board Datashare California Regional

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

Fireplace No

Appliance Dishwasher, Range, Refrigerator

Laundry In Garage

Exterior

Garage Spaces 3.0

Pool None

View Other, Ocean

Private Pool false

Building

Lot Description Level

Story 2

Water Public

Schools

School District Newport-Mesa Unified

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Paolo Ocampo

+1(510) 736-3886

Agent | CA BRE #02127190

Agent CA BRE #02127190