203 Cedar Street, Newport Beach, CA 92663

$1,799,000
1,804
SqFt
List Price
$1,799,000
Status
ACTIVE UNDER CONTRACT
MLS#
NP21032695
Year Built
1975
Living Sq. Ft
1,804
Lot Size
2,200
Acres
0.0505
Lot Location
2-5 Units/Acre, Corner Lot, Lot 6500-9999, Park Nearby, Patio Home
Days on Market
11
Property Type
Single Family Residential
Property Sub Type
Duplex
Stories
Two Levels
Builders Tract Code
Newport Shores (NEWS)
Neighborhood
Newport Shores (News)

Property Description

FIRST TIME ON THE MARKET IN 35 YEARS!! Perfect duplex for prime Newport Beach living offers investment potential, rental income and a 1031 exchange opportunity for the savvy buyer. Located in Newport Shores, this steps-to-the sand duplex has it all. There are two separate units, the upstairs has 3 bedrooms and 2 baths, with a 1 bedroom, 1 bath downstairs. Live in one and rent the other, or use both units for in-demand beach income properties minus the HOA fees. Walk to Newport Peninsula, Cannery Village, Lido Marina Village, Pavilions, Lido House Hotel and all the cool coffee spots, bars, and restaurants that define Newport Shores living. Think ocean breezes and ocean views with upstairs private brand-new roof deck and glass sliders bringing the exterior in. Downstairs boasts a patio with French doors for entertaining. Brick fireplaces in both units make for cozy winter nights. Both freshly painted homes have wood beamed vaulted ceilings, double pane windows, sliding glass doors, stainless steel appliances, updated vanities, newer washer/dryer with laminate and tile flooring throughout. Both master bedrooms have convenient en suite baths. In addition, 2 car garage and 2 carport parking spots, located in the desirable Newport Mesa School District.

Additional Information

Tract Number
709
Lot Description
Curbs, Gutters, Sidewalks
Appliances
Microwave, Refrigerator
Pool Description
None
Fireplace Description
Living Room
Heat
Central
Cooling Description
None
View
Neighborhood, Ocean, Peek-A-Boo, Water
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$72,000
Operating Expense
1920

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of Breanna Lepante from Douglas Elliman Of California,

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.