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209 Walnut Street

Newport Beach, CA 92663

6 beds
4 baths
2,374 sqft
2,614 sqft lot
$1,303 per sqft
1972 build
– on site

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.

Listed By CRMLS_CA / Tori Rimlinger / Compass / 949-378-6200

Last checked: Checking… • Last updated Oct 23, 2024 •

MLS# NP24160191 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1972
Year Built Source:

Assessor
New Construction:

No
Structure Type:

Duplex
Entry Level:

1
Patio:

1
Patio And Porch Features:

Deck, Patio
Common Walls:

1 Common Wall
Total Number Of Units:

2
Stories Total:

2

Interior

Levels:

Two
Entry Location:

1
Room Type:

Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

No
Fireplace:

None
Laundry:

In Garage
Laundry:

1

Room Dimensions

Living Area:

2374.00

Location

Directions:

Pacific Coast Highway to Walnut Street

The Property

Property Type:

Residential
Subtype:

Duplex
Lot Features:

Level
Lot Size Area:

2614.0000
Lot Size Acres:

0.0600
Lot Size SqFt:

2614.00
Lot Size Source:

Assessor
View:

1
View:

Neighborhood, Ocean
Property Attached:

1
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

636.03
Tax Tract:

709
Tax Lot:

7

Beds

Total Bedrooms:

6
Main Level Bedrooms:

3

Baths

Total Baths:

4
Full & Three Quarter Baths:

4
Main Level Baths:

2
Full Baths:

4

The Listing

Special Listing Conditions:

Standard
Parcel Number:

04508204
Showings Begin:

2024-08-09

Heating & Cooling

Cooling:

No
Cooling:

None

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Built-In Range, Dishwasher, Refrigerator
Included:

Yes

Schools

Elementary:

NEWPOR
Elementary School:

Newport
Middle School:

Ensign
Middle School:

ENSIGN
High School:

Newport Harbor
High School:

NEWHAR
High School District:

Newport Mesa Unified

The Community

Subdivision:

West Newport Beach (WSNB)
Subdivision:

West Newport Beach (WSNB)
Senior Community:

No
Features:

Sidewalks
Pool:

None
Private Pool:

No
Waterfront Features:

Across the Road from Lake/Ocean
Association:

No
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Garage
Parking Spaces:

3.00
Attached Garage:

Yes
Garage Spaces:

3.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
8/9/24 Aug 9, 2024	Listed / Active	CRMLS_CA	$3,095,000	39.1%
11/20/23 Nov 20, 2023		BRIDGE	$2,225,000	-1.1%
10/20/23 Oct 20, 2023		BRIDGE	$2,250,000

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This multifamily located in West Newport Beach, Newport Beach, CA 92663 is currently for sale for $3,095,000. 209 Walnut Street is a 2,374 square foot multifamily with 6 beds and 4 baths that has been on Estately for 97 days. 209 Walnut Street is in the West Newport Beach neighborhood of Newport Beach and has a WalkScore® of 69, making it somewhat walkable. This multifamily is in the attendance area of Ensign Intermediate School, Newport Harbor High School, and Newport Elementary School.

Listing Courtesy of: CRMLS_CA and Compass. Based on information from California Regional Multiple Listing Service, Inc. as of 23:38 on Nov 14.

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.