209 Walnut ST Active

Newport Beach,CA 92663

$ 3095000

6 Beds

4 Baths

2374 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,374 sqft

Price per Sqft $1,303

Subdivision West Newport Beach (Wsnb)

MLS Listing ID NP24160191

Bedrooms 6

Full Baths 4

Year Built 1972

Lot Size 2,613 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

Area N8 - West Newport - Lido

Rooms

Ensuite Laundry In Garage

Interior

Laundry Location In Garage

Cooling None

Fireplaces Type None

Laundry In Garage

Exterior

Garage Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Sidewalks

Waterfront Description Across the Road from Lake/Ocean

View Y/N Yes

View Neighborhood,Ocean

Building

Lot Description Level

Dwelling Type Duplex

Story 2

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Newport

Middle Schools Ensign

High Schools Newport Harbor

School District Newport Mesa Unified

Others

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

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