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 Details
Price:
$3,095,000
MLS #:
NP24160191
Status:
Active
Beds:
6
Baths:
4
Address:
209 Walnut Street
Type:
Single Family
Subtype:
Duplex
Subdivision:
West Newport Beach WSNB
Neighborhood:
n8westnewportlido
City:
Newport Beach
Listed Date:
Aug 6, 2024
State:
CA
Finished Sq Ft:
2,374
ZIP:
92663
Lot Size:
2,614 sqft / 0.06 acres (approx)
Year Built:
1972
See this Listing
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Schools
Elementary School:
Newport
Middle School:
Ensign
High School:
Newport Harbor
Interior
Appliances
Built- In Range, Dishwasher, Refrigerator
Cooling
None
Fireplace Features
None
Exterior
Community Features
Sidewalks
Garage Spaces
3.00
Lot Features
Level
Parking Features
Garage
Parking Spots
3.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
Neighborhood, Ocean
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address209 Walnut Street Newport Beach CA
- AreaN8 – West Newport – Lido
- SubdivisionWest Newport Beach (WSNB)
- CityNewport Beach
- CountyOrange
- Zip Code92663
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Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
209 Walnut Street
Newport Beach, CA
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