$2,060,000
$2,299,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
212 Orange ST Newport Beach, CA 92663
5 Beds
3 Baths
2,565 Sqft Lot
Key Details
Sold Price $2,060,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Newport Shores (News)
MLS Listing ID NP24104629
Sold Date 10/23/24
Bedrooms 5
Full Baths 3
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1974
Lot Size 2,565 Sqft
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.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Main Level Bedrooms 2
Ensuite Laundry In Garage
Interior
Interior Features Ceiling Fan(s), High Ceilings, All Bedrooms Up, All Bedrooms Down
Laundry Location In Garage
Heating Central
Cooling None
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Cooktop, Gas Oven, Gas Water Heater
Laundry In Garage
Exterior
Garage Door-Single, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Wood
Pool None
Community Features Biking, Curbs, Street Lights, Sidewalks
Waterfront Description Across the Road from Lake/Ocean,Beach Access,Ocean Access
View Y/N Yes
View Neighborhood
Roof Type Shingle,Shake
Porch Open, Patio, Porch
Parking Type Door-Single, Garage
Attached Garage Yes
Total Parking Spaces 2
Private Pool No
Building
Lot Description Corner Lot, Rectangular Lot
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 42443401
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Contract
Listing Terms Contract
Financing Cash to Loan
Special Listing Condition Trust
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Tim Beans • Compass