209 Walnut Street, Newport Beach, CA 92663

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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.


Interior Features

Laundry Information
Location(s) In Garage
Bedroom Information
Bedrooms 6
Bathroom Information
Bathrooms 4
Interior Information
Features Bedroom on Main Level, Main Level Primary, Primary Suite
Cooling Type None

Listing Information

Address 209 Walnut Street
City Newport Beach
State CA
Zip 92663
County Orange
Listing Agent Tori Rimlinger DRE #01512376
Courtesy Of Compass
List Price $3,095,000
Status Active
Type Residential
Subtype Duplex
Structure Size 2,374
Lot Size 2,614
Year Built 1972

Listing information courtesy of: Tori Rimlinger, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:42 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.