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212 Orange Street

Newport Beach, CA 92663

– beds
– baths
– sqft
2,566 sqft lot
1974 build
– on site

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**Newport Beach Duplex Opportunity!**Located in the highly sought-after "Newport Shores" community in Southern California, this duplex has been updated in recent years and offers exceptional value. Featuring two beautifully designed units, this property is an ideal investment. The first unit is a 3-bedroom, 2-bathroom space, while the second unit comprises 2 bedrooms and 1 bathroom. The property includes a 2-car garage, a carport, and shared laundry facilities. Both units boast spacious, open floor plans filled with natural light and a refreshing ocean breeze. The 3-bedroom unit features a large balcony at the back and another at the front, providing ample sunlight and outdoor enjoyment. The 2-bedroom unit has a sliding glass door at the front, offering lots of light and access to cool ocean breezes. Well-maintained with longstanding tenants, the property offers the following rental details: - **Lower Unit (A)**: 2 bed / 1 bath updated several years ago, currently rented at $2,800/month (underperforming). - **Upper Unit (B)**: 3 bed / 2 bath, recently remodeled, currently rented at $3,600/month (underperforming). This is a fantastic chance to invest in a fully occupied duplex in the desirable "Newport Shores" neighborhood. Tenants will enjoy the Southern California lifestyle, with easy access to beaches, surfing, paddleboarding, boating, and biking.

Listed By CRMLS_CA / Tim Beans / Compass / 949-933-8496

Last checked: Checking… • Last updated Nov 1, 2024 •

MLS# NP24103569 —

The Building

Year Built:

1974
Year Built Source:

Public Records
New Construction:

No
Architectural Style:

Traditional
Entry Level:

1
Common Walls:

No Common Walls
Building Area Total:

1968.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

2
Stories Total:

2
# of Separate Gas Meters:

2
# of Separate Water Meters:

2
# of Separate Electric Meters:

2

Interior

Features:

Balcony, Ceiling Fan(s), High Ceilings
Levels:

Two
Entry Location:

1
Laundry:

In Garage
Laundry:

1

Location

Directions:

North on PCH to Orange Street turn right and property on right side
Latitude:

33.62861300
Longitude:

-117.95185500

The Property

Property Type:

Residential Income
Subtype:

Duplex
Lot Features:

Corner Lot, Rectangular Lot
Lot Size Area:

2566.0000
Lot Size Acres:

0.0589
Lot Size SqFt:

2566.00
Lot Size Source:

Assessor
Fencing:

Wood
Fence:

Yes
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

7
Tax Census Tract:

636.03
Tax Tract:

709
Tax Lot:

9

The Listing

Special Listing Conditions:

Trust
Parcel Number:

42443401
Showings Begin:

2024-05-28

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

No
Cooling:

None

Utilities

Utilities:

Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Gas Oven, Gas Cooktop, Water Heater
Included:

Yes

The Community

Subdivision:

Newport Shores (NEWS)
Subdivision:

Newport Shores (NEWS)
Senior Community:

No
Features:

Sidewalks, Street Lights
Pool:

None
Private Pool:

No
Waterfront Features:

Across the Road from Lake/Ocean, Beach Access, Ocean Access
Spa Features:

None
Association:

No
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Carport, Garage Faces Rear
Parking Spaces:

4.00
Garage Spaces:

2.00
Carport Spaces:

2.00

Extra Units

Number With Disposal:

2
Number With Dishwasher:

2

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	Source	Price
10/24/24 Oct 24, 2024	BRIDGE	$2,299,000
10/23/24 Oct 23, 2024	BRIDGE	$2,299,000
7/8/24 Jul 8, 2024	BRIDGE	$2,299,000

Multifamily Sold on 10/24/2024

$2,060,000

Listing provided by broker:

Tim Beans

Compass

949-933-8496

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Listing Courtesy of: CRMLS_CA and Compass. Based on information from California Regional Multiple Listing Service, Inc. as of 23:05 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.

212 Orange Street

Newport Beach, CA 92663