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.
MLS #
CRNP24160191
MLS Source
California Regional MLS
Days on Site
86
Bedrooms
Ground Floor Bedroom, Primary Suite/Retreat
Appliances
Dishwasher, Oven Range - Built-In, Refrigerator
Fireplace
None
Laundry
In Garage
Cooling
None
Pool
None
Garage/Parking
Garage, Garage: 3 Car(s)
Elementary District
Newport-Mesa Unified
High School District
Newport-Mesa Unified
HOA Fee
$0
209 Walnut St is a Duplex in Newport Beach, CA 92663. This 2,374 square foot property sits on a 2,614 Sq Ft Lot and features 6 bedrooms & 4 full bathrooms. It is currently priced at $3,095,000 and was built in 1972.
This address can also be written as 209 Walnut St, Newport Beach, CA 92663.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 10, 2024. For the most current information, please contact Tori Rimlinger, (949) 378-6200