209 Walnut ST Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,374 sqft
Price per Sqft $1,303
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
Acres 0.06
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
Other Rooms Kitchen,Living Room,Main Floor Bedroom,Main Floor Primary Bedroom,Primary Bathroom,Primary Bedroom,Primary Suite
Master Bathroom 2
Main Level Bedrooms 3
Interior
Cooling None
Fireplaces Type None
Appliance Built-In Range,Dishwasher,Refrigerator
Laundry In Garage
Exterior
Garage Garage
Garage Spaces 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
Private Pool No
Building
Lot Description Level
Dwelling Type Duplex
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
Elementary Schools Newport Newpor
Middle Schools Ensign
High Schools Newport Harbor
School District Newport Mesa Unified
Others
Senior Community No
Special Listing Condition Standard
Confidential INFO
BAC 2.5
SIGN ON PROPERTY 1
TERMS Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
PRIVATE REMARKS The lower unit is currently rented at $4,450 per month with a lease expiring on 6/30/25, while the upper unit is rented at $3,975 per month with a lease expiring on 7/31/25. Showing with offer and with at least 48 hour notice due to tenant occupancy. Thank you for your understanding.
SHOW CONTACT TYPE Agent
SHOW CONTACT NAME Tori Rimlinger
SHOW CONTACT PH 9493786200
SHOW INSTRUCTIONS Showing with offer and with at least 48 hour notice due to tenant occupancy. Thank you for your understanding.