209 Walnut ST, Newport Beach, CA 92663 - MLS#CRNP24160191

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Eric Boyenga

e@boyenga.com +1(408) 506-3942

$ 3,095,000

Est. payment | -/mo

6 Beds

4 Baths

2,374 SqFt

Save

$ 3,095,000

Est. payment | -/mo

Save

6 Beds

4 Baths

2,374 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

MLS Listing ID CRNP24160191

Bedrooms 6

Full Baths 4

Originating Board California Regional MLS

Year Built 1972

Lot Size 2,614 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

Kitchen Dishwasher, Oven Range - Built-In, Refrigerator

Interior

Cooling None

Fireplaces Type None

Laundry In Garage

Exterior

Garage Garage

Garage Spaces 3.0

Pool None

View Local/Neighborhood, Ocean

Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 04508204

Special Listing Condition Not Applicable

Listed by Tori Rimlinger • Compass

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA