Newport Beach, CA 92663,212 Orange ST
Newport Beach, CA 92663,212 Orange ST
Newport Beach, CA 92663,212 Orange ST
52
$2,060,000
Est.Price: ?

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2,565 Sqft Lot

212 Orange ST Newport Beach, CA 92663

Est. payment /mo
SOLD DATE : 10/24/2024

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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 NP24103569

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 bathroom.
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

Interior

Heating Central

Cooling None

Laundry In Garage

Exterior

Garage Carport, Garage Faces Rear

Garage Spaces 2.0

Garage Description 2.0

Fence Wood

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Waterfront Description Across the Road from Lake/Ocean,Beach Access,Ocean Access

Building

Lot Description Corner Lot, Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Contract

Listing Terms Contract

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by Tim Beans • Compass • 949-933-8496
Bought with Tim Beans • Compass

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Gwendolyn Thomas

Agent | RE.S.0186243

+1(702) 265-5005

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