3
Baths
1,804 Sq. Ft.
$970 / Sq. Ft.
1,804
Sq. Ft.
$970
per Sq. Ft.

Description

First time on the market in 35 years! Perfect duplex for prime Newport Beach living offers investment potential, rental income and a 1031 exchange opportunity for the savvy buyer. Located in Newport Shores, this steps-to-the sand duplex has it all. There are two separate units, the upstairs has 3 bedrooms and 2 baths, with a 1 bedroom, 1 bath downstairs. Live in one and rent the other, or use both units for in-demand beach income properties minus the HOA fees. Walk to Newport Peninsula, Cannery Village,...First time on the market in 35 years! Perfect duplex for prime Newport Beach living offers investment potential, rental income and a 1031 exchange opportunity for the savvy buyer. Located in Newport Shores, this steps-to-the sand duplex has it all. There are two separate units, the upstairs has 3 bedrooms and 2 baths, with a 1 bedroom, 1 bath downstairs. Live in one and rent the other, or use both units for in-demand beach income properties minus the HOA fees. Walk to Newport Peninsula, Cannery Village, Lido Marina Village, Pavilions, Lido House Hotel and all the cool coffee spots, bars, and restaurants that define Newport Shores living. Think ocean breezes and ocean views with upstairs private brand-new roof deck and glass sliders bringing the exterior in. Downstairs boasts a patio with French doors for entertaining. Brick fireplaces in both units make for cozy winter nights. Both freshly painted homes have wood beamed vaulted ceilings, double pane windows, sliding glass doors, stainless steel appliances, updated vanities, newer washer/dryer with laminate and tile flooring throughout. Both master bedrooms have convenient en suite baths. In addition, 2 car garage and 2 carport parking spots, located in the desirable Newport Mesa School District.
  1. Listed by Breanna Lepante • DRE #01919560 • Brokerage DRE #01947727 • Douglas Elliman Of California,

Property Details for 203 Cedar Street

View
Neighborhood, Ocean, Peek-A-Boo, Water
Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Attached
Lot Size Source
Estimated
Living Area
1804
LISTING UPDATED: 04/26/2021 04:13 AM

Property Details for 203 Cedar Street

StatusClosed
MLS #NP21032695
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1975
Lot Size0.05 AC / 2,200 SF
CountyOrange County

Location

Listing Courtesy of Douglas Elliman Of California,, Breanna Lepante, DRE #01919560

Sold By Compass, Jenna Downes, DRE #01861730; Compass, Laurie Eastman, DRE #01858979

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Building Information for 203 Cedar Street

Stories2Residences-Year Built1975Building Size-Lot Size0.05 AC / 2,200 SF

Payment Calculator

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$10,230 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,529

Property Taxes

$1,701

HOA Dues

$0

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Property Information for 203 Cedar Street

Rental Info
Rental Info
  • Tenant Pays: All Utilities, Trash Collection, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $6,000
  • Gross Scheduled Income: $72,000
  • Net Operating Income: $70,080
  • Financing: Cash
Expense Details
  • Operating Expense: $1,920
  • New Taxes Expense: $18,140
  • Gardener Expense: $360
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Pest Control Expense: $360
  • Electric Expense: $0
  • Insurance Expense: $1,200
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $20,060
Tax / Assessment Info
  • Tax Block: 4
  • Tax Tract Number: 709
  • Tax Census Tract: 636.03
  • Tax Lot: 4
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Microwave, Refrigerator
  • Equipment: Laundry Closet Stacked, Microwave, Outside, Refrigerator, Stackable W/D Hookup
  • Room Type: Great Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Bedroom Features: Master Bedroom, Master Suite, WalkInCloset
  • Laundry: Yes
  • Laundry Features: Common Area, Outside, Stackable
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: None
  • Heating: Central
  • Flooring: Laminate, Tile, Wood
Exterior Features
  • Window Features: Double Pane Windows
  • View Description: Ocean, Peek-A-Boo, Water
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Corner Lot, Lot 6500-9999, Park Nearby, Patio Home
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage - 2 Car
  • Parking Garage Spaces: 2
  • Carport Spaces: 2
  • Parking Features: Attached Carport, Covered, Garage - Two Door
Property / Structure Info
  • Builders Tract Name: Newport Shores
  • Builders Tract Code: Newport Shores (NEWS)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,500
  • Unit Type Total Rent: $3,500
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Number With Disposal: 2

Property History for 203 Cedar Street

DateEvent & SourcePriceAppreciation
Apr 26, 2021

Sold

CRMLS #NP21032695

$1,750,000—
Apr 26, 2021

Sold

CLAW #NP21032695MR

$1,750,000—
Apr 26, 2021

Sold

SDMLS #NP21032695

$1,750,000—
Apr 16, 2021

Sold (Public Record)

Public Record #1458131806

$1,750,000—
Apr 13, 2021

Pending

SDMLS #NP21032695

—
Mar 26, 2021

Accepting Backup Offers

SDMLS #NP21032695

—
Mar 25, 2021

Pending

CLAW #NP21032695MR

—
Mar 25, 2021

Accepting Backup Offers

CLAW #NP21032695MR

—
Mar 25, 2021

Pending

CRMLS #NP21032695

—
Mar 25, 2021

Pending

SDMLS #NP21032695

—
Mar 25, 2021

Accepting Backup Offers

CRMLS #NP21032695

—
Mar 17, 2021

Listed (Active)

SDMLS #NP21032695

$1,799,000—
Mar 17, 2021

Listed (Active)

CRMLS #NP21032695

—
Mar 10, 2021

Hold

CRMLS #NP21032695

—
Mar 10, 2021

Hold

CLAW #NP21032695MR

$1,799,000—
Mar 2, 2021

Hold

SDMLS #NP21032695

—
Mar 2, 2021

Listed (Active)

SDMLS #NP21032695

—
Feb 27, 2021

Accepting Backup Offers

SDMLS #NP21032695

—
Feb 25, 2021

Accepting Backup Offers

CLAW #NP21032695MR

—
Feb 18, 2021

Listed (Active)

CRMLS #NP21032695

$1,799,000—
Feb 13, 2021

Listed (Active)

CLAW #NP21032695MR

$1,799,000—
Feb 13, 2021

Listed (Active)

SDMLS #NP21032695

$1,799,000—
Nov 6, 2018

Withdrawn / Cancelled

CRMLS #NP18249974

$1,595,000—
Nov 6, 2018

Withdrawn / Cancelled

SDMLS #NP18249974

—
Nov 6, 2018

Withdrawn / Cancelled

CLAW #NP18249974MR

—
Oct 16, 2018

Listed (Active)

SDMLS #NP18249974

$1,649,000—
Oct 15, 2018

Listed (Active)

CLAW #NP18249974MR

$1,649,000—
Oct 15, 2018

Listed (Active)

CRMLS #NP18249974

$1,649,000—
DateEvent & SourcePrice
04/26/2021

Sold

CRMLS #NP21032695

$1,750,000
04/26/2021

Sold

CLAW #NP21032695MR

$1,750,000
04/26/2021

Sold

SDMLS #NP21032695

$1,750,000
04/16/2021

Sold (Public Record)

Public Record #1458131806

$1,750,000
04/13/2021

Pending

SDMLS #NP21032695

—
03/26/2021

Accepting Backup Offers

SDMLS #NP21032695

—
03/25/2021

Pending

CLAW #NP21032695MR

—
03/25/2021

Accepting Backup Offers

CLAW #NP21032695MR

—
03/25/2021

Pending

CRMLS #NP21032695

—
03/25/2021

Pending

SDMLS #NP21032695

—
03/25/2021

Accepting Backup Offers

CRMLS #NP21032695

—
03/17/2021

Listed (Active)

SDMLS #NP21032695

$1,799,000
03/17/2021

Listed (Active)

CRMLS #NP21032695

—
03/10/2021

Hold

CRMLS #NP21032695

—
03/10/2021

Hold

CLAW #NP21032695MR

$1,799,000
03/02/2021

Hold

SDMLS #NP21032695

—
03/02/2021

Listed (Active)

SDMLS #NP21032695

—
02/27/2021

Accepting Backup Offers

SDMLS #NP21032695

—
02/25/2021

Accepting Backup Offers

CLAW #NP21032695MR

—
02/18/2021

Listed (Active)

CRMLS #NP21032695

$1,799,000
02/13/2021

Listed (Active)

CLAW #NP21032695MR

$1,799,000
02/13/2021

Listed (Active)

SDMLS #NP21032695

$1,799,000
11/06/2018

Withdrawn / Cancelled

CRMLS #NP18249974

$1,595,000
11/06/2018

Withdrawn / Cancelled

SDMLS #NP18249974

—
11/06/2018

Withdrawn / Cancelled

CLAW #NP18249974MR

—
10/16/2018

Listed (Active)

SDMLS #NP18249974

$1,649,000
10/15/2018

Listed (Active)

CLAW #NP18249974MR

$1,649,000
10/15/2018

Listed (Active)

CRMLS #NP18249974

$1,649,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 203 Cedar Street

Taxable ValueLand$1,623,648Additions$270,608Total$1,894,256
Tax Record2025$20,412 ($1,701 / month)
Home Facts
Total Finished SqFt1,804 SqFtAbove Grade Finished SqFt1,804 SqFtStories2Lot Size2,533 SqFtStyleDuplexYear Built1975CountyORANGEAPN045-083-12

Schools near 203 Cedar Street

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Newport Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Early College High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Of California,, Breanna Lepante, DRE #01919560

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.