209 Walnut Street
$3,095,000
6
4
2,374
2,374
$1,304
Listed By Compass
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.
Property Details for 209 Walnut Street
View
Neighborhood, Ocean
Parking Spaces Total3
Private PoolNo
Cooling TypeN/K
Total Units2.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2374
LISTING UPDATED: 08/09/2024 11:24 PM
Property Details for 209 Walnut Street
Status | Active |
---|---|
MLS # | NP24160191 |
Days on Market | 103 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Townhouse |
MLS Type | Residential |
Year Built | 1972 |
Lot Size | 0.06 AC / 2,614 SF |
County | Orange County |
Buyer's Agent Compensation | 2.5% |
Compensation Remarks | Agent compensation |
Building Information for 209 Walnut Street
Stories2Residences-Year Built1972Building Size-Lot Size0.06 AC / 2,614 SF
Property Information for 209 Walnut Street
Property History for 209 Walnut Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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