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$2,299,000
5 bed
3 bath
1,968 Sqft
2,566 Sqft lot

212 Orange Street, Newport Beach, California 92663

  • Residential Property Type
  • 8 Days Time on market
  • $1,168 Price per sqft
  • 1974 Year Built
Property Description

**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 bathrooms.

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.

Basic Details
Residential
Buy
NP24104629
$2,299,000
5
3
1,968 Sqft
1974
2,566 Sqft
Activeundercontract
Duplex
Multi-family
Features
: Central
: Wood
: Neighborhood
: Patio, Open, Porch
: Dishwasher, Gas Water Heater, Gas Oven, Gas Cooktop
: Traditional
: Sidewalks, Curbs, Street Lights, Biking
2
$0
: Shingle, Shake
: Public Sewer
Address
CA
Orange
Newport Beach
92663
212 Orange Street
212
Street
0
W118° 2' 53.3''
N33° 37' 43''
Additional Information
8
1
2
2
3
: Two
1
: In Garage
2
1
0 Sqft
1
0 Sqft
0 Sqft
: Assessor
: Ceiling Fan(s), High Ceilings, Allbedroomsdown, Allbedroomsup
0.06 Sqft
2,566 Sqft
1
: No Common Walls
0 Sqft
42443401
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
1
08/07/2024 00:00:00
$2,499,000
: Trust
Contract
North on PCH to Orange Street turn right and property on right side
Compass
Tim Beans
NP60725
U40996
$0
41
: Standard
1
: Corner Lot, Rectangular Lot
1
: Duplex
Newport Shores (NEWS)
: Ocean Access, Beach Access, Acrosstheroadfromlakeocean
1
: Sliding Doors
1
1
: Square Feet
2
Updated/Remodeled
Carbon Monoxide Detector(s),Smoke Detector(s)
1
7
9
US-06059-N-42443401-R-N
Duplex
27/06/2024 21:31:39
Orange
N8 - West Newport - Lido
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