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$3,095,000

Est. payment - /mo

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6 BD

4 BA

2,374 SqFt

Active

209 Walnut Street Newport Beach, CA 92663

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Richard Combs

[email protected] +1(619) 838-9307

UPDATED:

08/12/2024 05:27 AM

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 2,374 sqft

Price per Sqft $1,303

MLS Listing ID NP24160191

Style Townhome

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.
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 Oc - Newport Beach (92663)

Interior

Equipment Dishwasher, Refrigerator

Appliance Dishwasher, Refrigerator

Laundry Garage

Exterior

Garage Garage

Garage Spaces 3.0

View Ocean, Neighborhood

Total Parking Spaces 3

Building

Lot Description Sidewalks

Story 2

Lot Size Range 1-3999 SF

Sewer Public Sewer

Water Public

Level or Stories 2 Story

Others

Monthly Total Fees $44

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Standard

Listed by Tori Rimlinger • Compass

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

Richard Combs

209 Walnut Street Newport Beach, CA 92663

Richard Combs

Key Details

Location

Interior

Exterior

Building

Others

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209 Walnut Street