203 Cedar St, Newport Beach, CA, 92663

USD 2,799,000
For Sale MLS: NP26064203

Property Details

Bathrooms

3

Property Type

multi family

Description

Multi Family in Newport Beach, CA - Bedrooms: 0 - Bathrooms: 3 - Area: N/A - Year Built: 1975 - Lot: 2614 sqft

Listing Agent: Tori Rimlinger Brokerage: Compass

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 home's 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.

Location

Address

203 Cedar St, Newport Beach, CA, 92663

City

Newport Beach

Features and Finishes

Beamed Ceilings, Balcony, Window Features: Double Pane Windows, Built-In Range, Refrigerator, Dishwasher, Laundry Features: Common Area, Washer Included, Dryer Included, Primary Bedroom, Main Floor Primary Bedroom, Two Primaries, Kitchen, Living Room, Main Floor Bedroom, Primary Suite, Primary Bathroom, Cooling Features: Central Air, Fireplace Features: Living Room, Heating Features: Central, Heating: Yes, Full Bathrooms: 3, Additional Parcels: No, Land Lease: No, Lot Description: Corner Lot, Lot Size Acres: 0.06, Lot Size Source: Estimated, Lot Size Square Feet: 2614, Beach Access, Across the Road from Lake/Ocean, Garage Spaces: 2, Parking Features: Garage, Attached Carport, Parking Total: 2, View: Neighborhood, Peek-A-Boo, Association: No, Calculated Total Monthly Association Fees: 0, Number of Units: 2, Bedrooms in Unit-1: 3, Bedrooms in Unit-2: 1, Total Bathrooms in Unit-1: 2, Total Bathrooms in Unit-2: 1, Full Bathrooms in Unit-1: 2, Full Bathrooms in Unit-2: 1, Unit-1 Furnished D

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