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Property listed by Compass, Tori Rimlinger {attribution_contact}
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, 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 and Features
Appliances & Equipment
- BuiltInRange
- Dishwasher
- Refrigerator
Bathrooms
- 2 main level bathrooms
- 4 full bathrooms
- 4 total bathrooms
Bedrooms
- 3 main level bedrooms
- 6 total bedrooms
Building
- Built in 1972
- Levels: Two
- Living area: 2374
- 2 stories
- Architectural style: ,Attached
- Common walls: OneCommonWall
Community
- Sidewalks
Cooling
- None
Fireplaces
- None
Garage
- 3 spaces
Interior Features
- BedroomOnMainLevel
- MainLevelPrimary
- PrimarySuite
Laundry
- InGarage
Listing
- ListingID: NP24160191
- Standard status: Active
- 4 days on market
Location
- Country: US
- Subdivision name: West Newport Beach (WSNB)
Lot
- 0.06 acres
- 2,614 square feet
- Size: 2,614
- Level
Parking
- 3 totals parking
- Garage
Pool
- None
Property
- Deck
- Patio
- Neighborhood
- Ocean
- AcrossTheRoadFromLakeOcean
Schools
- Elementary school: Newport
- Middle or junior school: Ensign
- High school: Newport Harbor
Sewer
- PublicSewer