Newport Beach, CA 92663,209 Walnut ST
Newport Beach, CA 92663,209 Walnut ST
Newport Beach, CA 92663,209 Walnut ST
Newport Beach, CA 92663,209 Walnut ST
Newport Beach, CA 92663,209 Walnut ST
Newport Beach, CA 92663,209 Walnut ST
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$2,225,000

Est.Price: ?

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Est. payment /mo

2,613 Sqft Lot


SOLD DATE : 11/20/2023

Key Details

Sold Price $2,225,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Newport Shores (News)

MLS Listing ID OC23189780

Sold Date 11/20/23

HOA Y/N No

Year Built 1972

Lot Size 2,613 Sqft

Property Description

Newport Beach Duplex opportunity! Nestled in the heart of one of Southern California's most coveted coastal communities - "Newport Shores". This Duplex represents one of the best values in Newport Beach. It boasts two impeccably designed units that offer incredible investment potential. Both units are 3 bedrooms / 2 bathrooms. This property has a 3-car garage with shared laundry in the garage. A brand new exterior paint job was just completed last month. Both units have large open floor plans making them easy units to keep rented. They feel light, bright, and open... with plenty of natural light and the perfect ocean breeze. This property has been well-maintained and professionally managed for years. Lower Unit (A): 3 bed / 2 bath. New vinyl plank flooring. New kitchen. Older bathrooms. Currently rented at $4,300 / month - Lease expires 6/30/24. Upper Unit (B): 3 bed / 2 bath. Newer flooring. Older kitchen and bathrooms. Currently rented at $3,400 / month – Lease expires 7/31/24. This is a terrific opportunity to invest in a fully occupied duplex property in the highly-desired "Newport Shores" neighborhood. Your Tenants will enjoy living the Southern California lifestyle near beaches, surfing, paddleboarding, boating, and biking. The seller is also selling two other Duplex Properties at the same time. [208 Lugonia Street (MLS# OC23189782) and 210 Lugonia Street (MLS# OC23189784)]. These three duplex properties can be purchased together or separately.

Location

State CA

County Orange

Area N8 - West Newport - Lido

Interior

Heating Central

Cooling None

Fireplaces Type None

Fireplace No

Laundry In Garage

Exterior

Parking Features Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Sidewalks, Water Sports

Utilities Available None

Total Parking Spaces 3

Private Pool No

Building

Lot Description Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 04508204

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Larry Birnbaum • LMB Enterprises • 714-655-8108
Bought with Tori Rimlinger • Compass
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(818) 294-0414

randy@randyplaice.com

25101 The Old Road Suite 240, Ranch, Ca, 91381, United States

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