209 Walnut Street, Newport Beach Property Listing: MLS® #NP24160191

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.

209 Walnut Street, Newport Beach Property Listing: MLS® #NP24160191 Close
Page Summary
NEW
  • MLS® #: NP24160191
  • 209 Walnut Street
  • Newport Beach, CA 92663
  • $3,095,000
  • 6 Beds, 4 Bath, 2374 SqFt, 0.06 Acres
  • Office: Compass

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.

Supplemental Remarks

Essential Information

  • MLS® #NP24160191
  • Listing Price$3,095,000
  • Original Listing Price$3,095,000
  • List Price per Square Foot$1,303.71
  • Date ListedAugust 6th, 2024
  • Days on Market6
  • Bedrooms6
  • Bathrooms4.00
  • Full Baths4
  • Square Footage2,374
  • Acres0.06
  • Lot Sq.Ft.2,614
  • Garage Parking3
  • Year Built1972
  • TypeResidential
  • Sub-TypeTownhome
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Mello Roos Dues$528
  • Total Monthly Dues$44

Community Information

  • Address209 Walnut Street
  • AreaOC - NEWPORT BEACH (92663)
  • CityNewport Beach
  • CountyOrange
  • StateCA
  • Zip Code92663

Amenities

  • ParkingGarage
  • ViewOcean, Neighborhood
  • PoolN/K

Interior

  • CoolingN/K
  • FireplacesN/K
  • # of Stories2

Exterior

  • Lot DescriptionSidewalks
Print this Page

Property Location

Get directions to this property:
Please provide a valid email address.

Nearby Schools in Newport Beach

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS®, Inc.

Listing information last updated on November 26th, 2024 at 8:23pm PST.