$2,250,000 - 209 Walnut Street, Newport Beach

  • 6Beds
  • 4Baths
  • 0SQ. Feet
  • 0.06Acres

Newport Beach Duplex opportunity! Nestled in the heart of one of Southern California's most coveted coastal communities - "Newport Shores". This Duplex represents one of the best values in Newport Beach. It boasts two impeccably designed units that offer incredible investment potential. Both units are 3 bedrooms / 2 bathrooms. This property has a 3-car garage with shared laundry in the garage. A brand new exterior paint job was just completed last month. Both units have large open floor plans making them easy units to keep rented. They feel light, bright, and open... with plenty of natural light and the perfect ocean breeze. This property has been well-maintained and professionally managed for years. Lower Unit (A): 3 bed / 2 bath. New vinyl plank flooring. New kitchen. Older bathrooms. Currently rented at $4,300 / month - Lease expires 6/30/24. Upper Unit (B): 3 bed / 2 bath. Newer flooring. Older kitchen and bathrooms. Currently rented at $3,400 / month – Lease expires 7/31/24. This is a terrific opportunity to invest in a fully occupied duplex property in the highly-desired "Newport Shores" neighborhood. Your Tenants will enjoy living the Southern California lifestyle near beaches, surfing, paddleboarding, boating, and biking. The seller is also selling two other Duplex Properties at the same time. [208 Lugonia Street (MLS# OC23189782) and 210 Lugonia Street (MLS# OC23189784)]. These three duplex properties can be purchased together or separately.

Sales Agent

Sam SmithNewport Beach Real EstatePhone: 949-444-1901Cell: 949-444-1901Contact Agent Now

Essential Information

  • MLS® #:OC23189780
  • Price:$2,250,000
  • Bedrooms:6
  • Bathrooms:4.00
  • Acres:0.06
  • Year Built:1972
  • Type:Residential Income
  • Sub-Type:Duplex
  • Status:Closed
  • Listing Agent:Larry Birnbaum
  • Listing Office:LMB Enterprises

Community Information

  • Address:209 Walnut Street
  • Area:N8 - West Newport - Lido
  • Subdivision:Newport Shores (NEWS)
  • City:Newport Beach
  • County:Orange
  • Zip Code:92663

Amenities

  • Utilities:None
  • Parking Spaces:3
  • Parking:Garage
  • # of Garages:3
  • Garages:Garage
  • Pool:None

Interior

  • Heating:Central
  • Cooling:None
  • Fireplace:Yes
  • Fireplaces:None
  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:Level

Additional Information

  • Date Listed:October 16th, 2023
  • Days on Market:4

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Based on information from California Regional Multiple Listing Service, Inc. as of April 30th, 2024 at 2:10am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.