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.
Last checked:
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Last updated Aug 10, 2024
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MLS# CRNP24160191 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1972
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Stories:2
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Levels:Two Story
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Entry Level:1
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Building Area Total:2374
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Building Area Units:Square Feet
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Building Area Source:Assessor Agent-Fill
Interior
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Kitchen Features:Dishwasher, Range/Oven Built-in, Refrigerator
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:2374
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Living Area Units:Square Feet
Location
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Directions:Pacific Coast Highway to Walnut Street
The Property
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View:Other
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View:true
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Property Type:Residential
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Property Subtype:Duet
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Lot Features:Level
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Lot Size Area:0.06
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Lot Size Acres:0.06
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Lot Size SqFt:2614
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Lot Size Units:Acres
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Parcel Number:04508204
Listing Agent
- Contact info:
- Agent phone:
- (949) 378-6200
Taxes
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Tax Tract:636.03
Beds
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Bedrooms Total:6
Baths
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Total Baths:4
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Full Baths:4
Heating & Cooling
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Cooling:None
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Cooling:false
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher
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Laundry Features:In Garage
Schools
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High School District:Newport-Mesa Unified
The Community
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Pool Private:false
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Pool Features:None
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Association:false
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# of Units In Community:2
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:3
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Carport:false
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Parking Total:3
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Parking Features:Attached
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Covered Spaces:3
Monthly cost estimate
Asking price
$3,095,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$16,572
|
| Taxes | N/A |
| Insurance | $851 |
| Utilities | $173 See report |
| Total | $17,596/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/9/24
Aug 9, 2024
|
Listed / Active | BRIDGE | $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 |
