$3,095,000
For Sale

209 Walnut Street

Newport Beach, CA 92663
2374 sqft | 6 beds | 4 baths | 0.06 acres | #NP24160191
Listing OfficeCompass
Browse 11 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

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.

  • Interior Details
      • InteriorBedroomOnMainLevel, MainLevelPrimary, PrimarySuite
    • Beds & Baths
      • Bedrooms6
      • Bathrooms4
      • Full Baths4
  • Property Details
      • ViewNeighborhood, Ocean
      • Lot DescriptionLevel
      • Stories2
    • Measurements
      • Acres0.06
      • Square Feet2374
    • Parking
      • Parking Spaces3
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1972
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionWest Newport Beach (WSNB)
    • Location
      • School DistrictNewport Mesa Unified
      • High SchoolNewport Harbor
      • Elementary SchoolNewport
      • Middle SchoolEnsign
      • CountyOrange
  • Financial Details
      • Original List Price$3,095,000
  • Other
      • MLS #NP24160191

Location

Pam and Carson Real EstateReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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