209 Walnut Street

Newport Beach, CA 92663

$3,095,000
Price
6
Beds
4
Baths
2,374 Sq. Ft.
$1,304 / Sq. Ft.
2,374
Sq. Ft.
$1,304
per Sq. Ft.

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,...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.

Listing Agent

  1. Tori Rimlinger

    Tori Rimlinger

    Listing Agent

    Compass

    DRE #01512376

Property Details for 209 Walnut Street

View
Neighborhood, Ocean
Parking Spaces Total
3
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2374
LISTING UPDATED: 08/09/2024 11:24 PM

Property Details for 209 Walnut Street

StatusActive
MLS #NP24160191
Days on Market103
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1972
Lot Size0.06 AC / 2,614 SF
CountyOrange County
Buyer's Agent Compensation2.5%
Compensation RemarksAgent compensation

Building Information for 209 Walnut Street

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

Property Information for 209 Walnut Street

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Block: 5
  • Tax Tract Number: 709
  • Tax Census Tract: 636.03
  • CFD/Mello-Roos Fee: $528
  • Tax Lot: 7
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Built-In Range, Dishwasher, Refrigerator
  • Equipment: Dishwasher, Refrigerator
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: In Garage
  • Laundry Location: Garage
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: None
Exterior Features
  • Entry Location: 1
  • Structure Type: Duplex
  • View Description: Ocean
  • Waterfront Features: Across the Road from Lake/Ocean
  • Patio: Yes
  • Patio: Deck, Patio
  • Patio And Porch Features: Deck, Patio
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Level
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 3
  • Parking Garage: Garage
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: West Newport Beach
  • Builders Tract Code: West Newport Beach (WSNB)
  • Residential Styles: Townhome
  • Residential Unit Location: 1 common wall

Property History for 209 Walnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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$2,090,518Additions$134,482Total$2,225,000
Tax Record2024$23,959 ($1,997 / 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
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.

Similar Homes

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209 Walnut Street is a townhouse for sale in Newport Beach, CA 92663. This property was listed for sale on August 9, 2024 by Compass, it's currently listed at $3,095,000. It has been on the market for a total of 103 days and was last sold on November 20, 2023. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Newport Elementary School, Horace Ensign Intermediate School and Newport Harbor High School. 209 Walnut Street is a 6-bed, 4-bath, 2,374 sqft townhouse built in 1972.

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 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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Compass, Tori Rimlinger, DRE #01512376

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.