Sold
Closed
212 Orange Street
Newport Beach CA, 92663
$2,060,000
$1,046.75 per sqft
Sold
Closed
1,968 sqft
Multi-family
Built in 1974
Listed by Tim Beans with Compass 949-933-8496
**Newport Beach Duplex Opportunity!**Located in the highly sought-after "Newport Shores" community in Southern California, this duplex has been updated in recent years and offers exceptional value. Featuring two beautifully designed units, this property is an ideal investment. The first unit is a 3-bedroom, 2-bathroom space, while the second unit comprises 2 bedrooms and 1 bathroom.
The property includes a 2-car garage, a carport, and shared laundry facilities. Both units boast spacious, open floor plans filled with natural light and a refreshing ocean breeze. The 3-bedroom unit features a large balcony at the back and another at the front, providing ample sunlight and outdoor enjoyment. The 2-bedroom unit has a sliding glass door at the front, offering lots of light and access to cool ocean breezes.
Well-maintained with longstanding tenants, the property offers the following rental details:
- **Lower Unit (A)**: 2 bed / 1 bath updated several years ago, currently rented at $2,800/month (underperforming).
- **Upper Unit (B)**: 3 bed / 2 bath, recently remodeled, currently rented at $3,600/month (underperforming).
This is a fantastic chance to invest in a fully occupied duplex in the desirable "Newport Shores" neighborhood. Tenants will enjoy the Southern California lifestyle, with easy access to beaches, surfing, paddleboarding, boating, and biking.
NP24103569
MLSⓇ ID
May 28, 2024
Listed
November 2, 2024
Updated
Map
212 Orange Street
Newport Beach CA, 92663
Interior Features
Total Stories
2
Interior Features
Balcony, Ceiling Fan(s), High Ceilings
Appliances
Gas Cooktop, Gas Oven, Water Heater
Laundry Description
In Garage
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.06 Acres
Lot Features
Corner Lot, Rectangular Lot
Architectual Style
Traditional
Sewer
Public Sewer
Other Property Details
Area Name
N8 - West Newport - Lido
Days on Market
41
Garage
Yes
Garage Spaces
2
Parking
Carport, Garage Faces Rear
Parking Total
4
View
No
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Waterfront
Yes
Listing History
Date | Event | Price |
---|---|---|
10/25/2024 | Sold | $2,060,000 |
10/23/2024 | Pending | — |
10/16/2024 | Sold | $2,060,000 |
8/9/2024 | Pending | — |
7/8/2024 | Under contract | — |
6/22/2024 | Price change | $2,299,000 -9% |
Listing Contact: 949-438-4340
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/2/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/2/2024 at 11:14 AM UTC