209 Walnut St

Newport Beach, CA 92663

$2,225,000
Last Sold Price
6
Beds
4
Baths
2,374 Sq. Ft.
$937 / Sq. Ft.
2,374
Sq. Ft.
$937
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 11/20/23
Closed 11/20/23
a house view with outdoor space
an aerial view of a city
a living room with furniture and a window
a living room with furniture and a wooden floor
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a kitchen with a table and chairs in it
a kitchen with granite countertop a sink a stove and cabinets
a bedroom with a bed and window
a bedroom with a bed and two windows
a bedroom with furniture and a window
a bathroom with a granite countertop sink and a mirror
a bathroom with a granite countertop toilet a sink and a mirror
a living room with furniture and a large window
a living room with furniture and a large window
a living room with furniture and a kitchen view
a living room with furniture and a potted plant
a living room with furniture a fireplace and a chandelier
a kitchen with a sink cabinets and window
a dining room with furniture and window
a bedroom with a bed furniture and a window
a bedroom with a bed and a chandelier
a bedroom with a bed and a potted plant
a bathroom with a granite countertop sink a toilet and mirror
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a view of a city
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an aerial view of a city with lots of residential buildings and ocean view in back
an aerial view of a city

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...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.
  1. Listed by Larry Birnbaum • DRE #01363487 • Brokerage DRE #01363487 • LMB Enterprises • 714-655-8108

Property Details for 209 Walnut Street

Parking Spaces Total
3
Private Pool
No
Cooling Type
None
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2374
Assessor Parcel Number
045-082-04
LISTING UPDATED: 11/20/2023 09:45 AM

Property Details for 209 Walnut Street

StatusClosed
MLS #OC23189780
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1972
Lot Size0.06 AC / 2,614 SF
CountyOrange County
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Location

Listing Courtesy of LMB Enterprises, Larry Birnbaum, DRE #01363487

Sold By Compass, Tori Rimlinger, DRE #01512376

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Building Information for 209 Walnut Street

Stories2Residences-Year Built1972Building Size-Lot Size0.06 AC / 2,614 SF

Payment Calculator

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$12,873 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,844

Property Taxes

$2,029

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 209 Walnut Street

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $92,400
  • Net Operating Income: $0
  • Financing: Cash
Expense Details
  • Operating Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 5
  • Tax Tract Number: 709
  • Tax Census Tract: 636.03
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 7
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Watersports, Sidewalks
  • Community: Newport Shores (NEWS)
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: Ground Floor / Stairs
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Level
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: None
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: Newport Shores
  • Builders Tract Code: Newport Shores (NEWS)
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $4,300
  • Unit Type Total Rent: $4,300
  • Unit Type Pro Forma: 4350
  • 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: $3,400
  • Unit Type Total Rent: $3,400
  • Unit Type Pro Forma: 4350
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • 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

Property History for 209 Walnut Street

DateEvent & SourcePriceAppreciation
Jan 4, 2025

Expired

CRMLS #NP24160191

—
Jan 3, 2025

Expired

CLAW #NP24160191MR

$3,095,000—
Jan 3, 2025

Expired

SDMLS #NP24160191

$3,095,000—
Aug 9, 2024

Listed (Active)

CLAW #NP24160191MR

$3,095,000—
Aug 9, 2024

Listed (Active)

CRMLS #NP24160191

$3,095,000—
Aug 6, 2024

Listed (Active)

SDMLS #NP24160191

$3,095,000—
Nov 20, 2023

Sold

CLAW #OC23189780MR

$2,225,000—
Nov 20, 2023

Sold

CRMLS #OC23189780

$2,225,000—
Nov 20, 2023

Sold

SDMLS #OC23189780

$2,225,000—
Nov 2, 2023

Pending

CRMLS #OC23189780

—
Oct 30, 2023

Sold (Public Record)

Public Record #1522575600

$2,225,000—
Oct 20, 2023

Pending

CLAW #OC23189780MR

—
Oct 20, 2023

Accepting Backup Offers

CLAW #OC23189780MR

—
Oct 20, 2023

Pending

SDMLS #OC23189780

—
Oct 20, 2023

Accepting Backup Offers

CRMLS #OC23189780

—
Oct 16, 2023

Listed (Active)

SDMLS #OC23189780

$2,250,000—
Oct 16, 2023

Listed (Active)

CRMLS #OC23189780

$2,250,000—
Oct 16, 2023

Listed (Active)

CLAW #OC23189780MR

$2,250,000—
DateEvent & SourcePrice
01/04/2025

Expired

CRMLS #NP24160191

—
01/03/2025

Expired

CLAW #NP24160191MR

$3,095,000
01/03/2025

Expired

SDMLS #NP24160191

$3,095,000
08/09/2024

Listed (Active)

CLAW #NP24160191MR

$3,095,000
08/09/2024

Listed (Active)

CRMLS #NP24160191

$3,095,000
08/06/2024

Listed (Active)

SDMLS #NP24160191

$3,095,000
11/20/2023

Sold

CLAW #OC23189780MR

$2,225,000
11/20/2023

Sold

CRMLS #OC23189780

$2,225,000
11/20/2023

Sold

SDMLS #OC23189780

$2,225,000
11/02/2023

Pending

CRMLS #OC23189780

—
10/30/2023

Sold (Public Record)

Public Record #1522575600

$2,225,000
10/20/2023

Pending

CLAW #OC23189780MR

—
10/20/2023

Accepting Backup Offers

CLAW #OC23189780MR

—
10/20/2023

Pending

SDMLS #OC23189780

—
10/20/2023

Accepting Backup Offers

CRMLS #OC23189780

—
10/16/2023

Listed (Active)

SDMLS #OC23189780

$2,250,000
10/16/2023

Listed (Active)

CRMLS #OC23189780

$2,250,000
10/16/2023

Listed (Active)

CLAW #OC23189780MR

$2,250,000

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

Public Records for 209 Walnut Street

Taxable ValueLand$2,132,329Additions$137,171Total$2,269,500
Tax Record2025$24,344 ($2,029 / month)
Home Facts
Total Finished SqFt2,374 SqFtAbove Grade Finished SqFt2,374 SqFtStories2Lot Size2,550 SqFtStyleDuplexYear Built1972CountyORANGEAPN045-082-04

Schools near 209 Walnut Street

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Newport Elementary School
Public - K to 6
Horace Ensign Intermediate School
Public - 7 to 8
Newport Harbor High School
Public - 9 to 12
Early College High School
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 LMB Enterprises, Larry Birnbaum, DRE #01363487

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.