212 Orange ST Pending

Newport Beach,CA 92663

$ 2299000

5 Beds

3 Baths

1968 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,968 sqft

Price per Sqft $1,168

Subdivision Newport Shores (News)

MLS Listing ID NP24104629

Bedrooms 5

Full Baths 3

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

Ensuite Laundry In Garage

Interior

Laundry Location In Garage

Heating Central

Cooling None

Fireplaces Type None

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

Building

Lot Description Corner Lot,Rectangular Lot

Dwelling Type Duplex

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Newport Mesa Unified

Others

Acceptable Financing Contract

Listing Terms Contract

Special Listing Condition Trust

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