Skip main navigation
Sold for $2,225,000
  • Listed by: LMB Enterprises • Larry Birnbaum • Contact: 714-655-8108
    Bought with: Compass
    $2,225,000

    209 Walnut St, Newport Beach, CA 92663

    6beds
    4baths
    2,374sqft
    Duplex
    Built in 1972
    -- sqft lot
    $-- Zestimate®
    $937/sqft
    $7,771 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $7,771/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $7,771/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $7,771/mo

    Rent Zestimate®

    Refinance and save

    $14,027/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $14,027/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Newport Beach Duplex opportunity! Nestled in the heart of one of Southern California's most coveted coastal communities - "Newport Shores". This Duplex represents one of the best values in Newport Beach. It boasts two impeccably designed units that offer incredible investment potential. Both units are 3 bedrooms / 2 bathrooms. This property has a 3-car garage with shared laundry in the garage. A brand new exterior paint job was just completed last month. Both units have large open floor plans making them easy units to keep rented. They feel light, bright, and open... with plenty of natural light and the perfect ocean breeze. This property has been well-maintained and professionally managed for years. Lower Unit (A): 3 bed / 2 bath. New vinyl plank flooring. New kitchen. Older bathrooms. Currently rented at $4,300 / month - Lease expires 6/30/24. Upper Unit (B): 3 bed / 2 bath. Newer flooring. Older kitchen and bathrooms. Currently rented at $3,400 / month – Lease expires 7/31/24. This is a terrific opportunity to invest in a fully occupied duplex property in the highly-desired "Newport Shores" neighborhood. Your Tenants will enjoy living the Southern California lifestyle near beaches, surfing, paddleboarding, boating, and biking. The seller is also selling two other Duplex Properties at the same time. [208 Lugonia Street (MLS# OC23189782) and 210 Lugonia Street (MLS# OC23189784)]. These three duplex properties can be purchased together or separately.

    Zillow last checked:

    Listing updated:

    Listed by:

    Larry Birnbaum DRE #01363487 714-655-8108,

    LMB Enterprises

    Bought with:

    Tori Rimlinger, DRE #01512376

    Compass

    Source: CRMLS,MLS#: OC23189780MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Laundry: In Garage
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,374
    • Total interior livable area: 2,374 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground Floor / Stairs
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 2,614 Square Feet
    • Features: Level
    Details
    • Parcel number: 04508204
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: None

    Community & HOA

    Community
    • Features: Sidewalks, Water Sports
    • Subdivision: Newport Shores (News)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $937/sqft
    • Tax assessed value: $2,269,500
    • Annual tax amount: $24,342
    • Date on market: 10/16/2023
    • Cumulative days on market: 4 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Total actual rent: 7700
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    11/20/2023Sold$2,225,000-1.1%$937/sqft
    Source: CRMLS #OC23189780 Report a problem
    11/2/2023Pending sale$2,250,000$948/sqft
    Source: CRMLS #OC23189780 Report a problem
    10/20/2023Contingent$2,250,000$948/sqft
    Source: CRMLS #OC23189780 Report a problem
    10/16/2023Listed for sale$2,250,000$948/sqft
    Source: CRMLS #OC23189780 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$24,342 +1.6%$2,269,500 +2%
    2024$23,958 +1086.2%$2,225,000 +1464.1%
    2023$2,020 +2%$142,258 +2%
    2022$1,980 +1.8%$139,469 +2%
    2021$1,945 +1%$136,735 +1%
    2020$1,926 $135,333 +2%
    2019$1,926 +1.6%$132,680 +2%
    2018$1,896 +3.5%$130,079 +2%
    2017$1,831 $127,529 +2%
    2016$1,831 +2%$125,029 +1.5%
    2015$1,795 +3.5%$123,151 +2%
    2014$1,735 $120,739 +0.5%
    2013-- $120,194 +2%
    2012-- $117,838 +2%
    2011-- $115,528 +0.8%
    2010-- $114,665 -0.2%
    2009-- $114,939 +2%
    2008-- $112,686 +2%
    2007-- $110,477 +2%
    2006-- $108,311 +2%
    2005-- $106,188 +2%
    2004-- $104,106 +1.9%
    2003-- $102,198 +2%
    2002-- $100,195 +2%
    2001$1,127 +2.5%$98,231 +2%
    2000$1,099 $96,305
    Find assessor info on the county website

    Neighborhood: 92663

    Nearby schools

    GreatSchools rating