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Townhome/Townhouse Sale Pending
212 Orange Street
Newport Beach, California 92663
Orange CountyCommunity: Newport Shores (NEWS)
$2,299,000
5 br, 3.0 bath
1968 sq. ft.
0.059 acres
**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.
Interior:
- Bedrooms: 5
- Baths: 3.0
- Sq Ft: 1968
- Year Built: 1974
- Utilities:
- Fireplaces:
- Stories: 2
- Heat/AC: Central Furnace
- Garage: Garage
Exterior:
- Lot Size: 0.059 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding:
- Roof: Shake, Shingle
- MLS #: NP24104629
Contact Information:
Listing Agent: Tim Beans, Compass, 949-933-8496, 949-438-4340
Listing Site, Listing Status: Pending
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 4990989
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Updated: Jun 27, 2024