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$3,095,000

Est. payment - /mo

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6 BD

4 BA

2,613 Sqft Lot

Active

209 Walnut ST Newport Beach, CA 92663

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

09/30/2024 06:42 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision West Newport Beach (Wsnb)

MLS Listing ID NP24160191

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1972

Lot Size 2,613 Sqft

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.

Location

State CA

County Orange

Area N8 - West Newport - Lido

Rooms

Main Level Bedrooms 3

Ensuite Laundry In Garage

Interior

Interior Features Bedroom on Main Level, Main Level Primary, Primary Suite

Laundry Location In Garage

Cooling None

Fireplaces Type None

Fireplace No

Appliance Built-In Range, Dishwasher, Refrigerator

Laundry In Garage

Exterior

Garage Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Sidewalks

Waterfront Description Across the Road from Lake/Ocean

View Y/N Yes

View Neighborhood, Ocean

Porch Deck, Patio

Parking Type Garage

Attached Garage Yes

Total Parking Spaces 3

Private Pool No

Building

Lot Description Level

Dwelling Type Duplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

Elementary Schools Newport

Middle Schools Ensign

High Schools Newport Harbor

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 04508204

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Tori Rimlinger • Compass • 949-378-6200

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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