Rare Investment Opportunity in Newport Beach! This fully

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Townhome/Townhouse For Sale

209 Walnut Street

Newport Beach, California 92663

Orange County Ocean View: Yes

Community: West Newport Beach (WSNB)

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$3,095,000 6 br, 4.0 bath 2374 sq. ft. 0.060 acres

Rare Investment Opportunity in Newport Beach! 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.

Interior:
  • Bedrooms: 6
  • Baths: 4.0
  • Sq Ft: 2374
  • Year Built: 1972
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: 
  • Garage: Garage
Exterior:
  • Lot Size: 0.060 acre
  • Lot Dimensions: 
  • View Types: Ocean
  • Yard: 
  • Siding: 
  • Roof: 
  • MLS #: NP24160191
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Contact Information:
Beach Townhome/Townhouse For Sale in Newport Beach, California
Listing Agent: Tori Rimlinger, Compass, 949-378-6200, 949-438-4340 Listing Site, Listing Status: Active
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5250194
Viewed 43 times.
Updated: Aug 10, 2024

This property is a Townhome/Townhouse located at 209 Walnut Street, Newport Beach, California 92663, and is currently For Sale at $3,095,000. This Townhome/Townhouse has 6 bedrooms, 4.0 baths, 2374 sq ft.