$ 3,095,000
209 Walnut Street Newport Beach, CA 92663
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$ 3,095,000
Est. payment /mo
Active
209 Walnut Street Newport Beach, CA 92663
6 Beds
4 Baths
2,374 SqFt
UPDATED:
08/10/2024 01:57 PM
Key Details
Property Type Commercial
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
Year Built 1972
Lot Size 2,614 Sqft
Acres 0.06
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 Listing
Interior
Cooling None
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Range, Refrigerator
Laundry In Garage
Exterior
Garage Spaces 3.0
Pool None
View Y/N true
View Other, Ocean
Total Parking Spaces 3
Private Pool false
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two Story
New Construction No
Schools
School District Newport-Mesa Unified
Others
Tax ID 04508204
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Listed by Tori Rimlinger • Compass
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