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203 Cedar Street, Unit A & B, Newport Beach, CA 92663

$2,799,000
  • 203 Cedar Street, Unit A & B, Newport Beach, CA 92663 Main Photo

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Active
BEDS4 BATHS3 full SQUARE FEET1,804 MLS#NP26063265
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWest Newport Beach (WSNB) SCHOOLNewport Mesa Unified

Listing Courtesy of: Compass
Agency Phone: 949-438-4340
Associate Name: Tori Rimlinger
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Listing Shown by: Farrell Smyth, Inc.
Agency Phone: 805-543-2172


Property Description

Exceptional Newport Beach Duplex ? Steps from the Sand. This rare short-term rental permitted duplex presents an outstanding opportunity for both investors and owner-users alike. Ideally located just two blocks from the beach, the property offers exceptional versatility with two distinct residences: a spacious 3-bedroom, 2-bath upper unit and a 1-bedroom, 1-bath lower unit. The upper residence has been beautifully remodeled, featuring a brand-new kitchen with custom cabinetry, stainless steel appliances, and thoughtfully updated bathrooms. New flooring and modern lighting enhance the homes contemporary coastal aesthetic, while vaulted wood-beamed ceilings and abundant natural light create an inviting, open atmosphere. Glass sliders lead to a private roof deck with ocean views, seamlessly blending indoor and outdoor living. The lower unit offers its own private patio with French doors?ideal for entertaining?as well as air conditioning for year-round comfort. Both units are well-appointed with stainless steel appliances, cozy fireplaces, en suite primary bedrooms, double-pane windows, fresh paint, and a mix of laminate and tile flooring. Additional highlights include recessed lighting, washer and dryer, a 2-car garage, and two carport spaces. Whether you choose to live in one unit and rent the other or maximize income potential with both, this property is perfectly suited for investment, rental income, or a 1031 exchange. Enjoy the best of coastal living with award-winning schools, world-class dining, coffee shops, and entertainment just moments away.

203 Cedar Street, Unit A & B | MLS# NP26063265

This multi-family property located at 203 Cedar Street, Unit A & B, Newport Beach, CA 92663 is currently listed for sale with an asking price of $2,799,000. Cedar Street, Unit A & B is located within the Newport Mesa Unified school district. Search Newport Beach real estate on www.farrellsmyth.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: CentralAir
Garage: 2 car attached
Heating: Central
Lot Size: 0.06 Acres
Stories: 2.0
Year Built: 1975

Amenities

BeamedCeilings
BreakfastBar
Balcony
BedroomOnMainLevel
MainLevelPrimary
MultiplePrimarySuites
PrimarySuite

Feature Descriptions

Appliances: BuiltInRange, Dishwasher, Refrigerator, Dryer, Washer
Community Features: Biking, Sidewalks
Days on Site: 25
Fireplace: LivingRoom
Laundry: CommonArea
Lot: CornerLot
Parcel#: 04508312
Parking: AttachedCarport, Garage
Parking Notes: AttachedCarport, Garage
Patio/Porch: Deck, Patio
Sewer: PublicSewer
Special View Info: Neighborhood, PeekABoo
Units: 2
Utilities: UndergroundUtilities
Water: Public
Water Features: AcrossTheRoadFromLakeOcean, BeachAccess
Window: DoublePaneWindows

Local Schools

High School: Newport Harbor
Middle School: Ensign
Elementary School: Newport
School District: Newport Mesa Unified

Listed By / Shown By

Listed By

Agency Name: Compass
Agency Phone: 949-438-4340
Agent Name: Tori Rimlinger

Shown By

Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172

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Estimate Your Payment

Estimated Payment

$ 7,045.74 per month $6,229.36 Principal & Interest $0.00 Property Tax (data not provided by mls) $816.38 Homeowner's Insurance

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