$2,699,000

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

Estimated payment $16,854/month

4 Beds
3 Baths
1,804 Sq Ft
$1,496 Price per Sq Ft

Highlights

  • Beach Access
  • Primary Bedroom Suite
  • Peek-A-Boo Views
  • Newport Elementary School Rated A
  • Across the Road from Lake or Ocean
  • 2-minute walk to West Newport Park

About This Home

Exceptional Newport Beach Duplex – Steps from the Sand. This rare short-term rental permitted duplex presents an incredible opportunity for both investors and owner-users. Just two blocks from the beach, the property offers versatility with two distinct residences: a spacious 3-bedroom, 2-bath upper unit and a 1-bedroom, 1-bath lower unit. The upper residence showcases vaulted wood-beamed ceilings, abundant natural light, and a private roof deck with ocean views. Glass sliders create seamless indoor-outdoor living. The lower unit features its own private patio with French doors—perfect for entertaining—as well as air conditioning for year-round comfort. Both units are thoughtfully updated with stainless steel appliances, cozy fireplaces, en suite primary bedrooms, double-pane windows, fresh paint, and laminate/tile flooring. Additional highlights include washer/dryer, a 2-car garage, 2 carport spaces, and a prime Newport Shores location. Live in one unit and rent the other, or maximize income with both—this property is ideal for investment, rental income, or 1031 exchange. Enjoy the best of coastal living along with award-winning schools, world-class dining, coffee spots, and entertainment—all just moments from your door.

Listing Agent

Tori Rimlinger

Compass Brokerage Phone: 949-378-6200 License #01512376 Listed on: 10/25/2025

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 2,614 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Parking Available

Property Views

  • Peek-A-Boo
  • Neighborhood

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,804 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Balcony
  • Deck
  • Patio

Location

  • Across the Road from Lake or Ocean

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Zoned Cooling
  • Underground Utilities

Listing and Financial Details

  • Legal Lot and Block 4 / 4
  • Tax Tract Number 709
  • Assessor Parcel Number 04508312
  • $547 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • West Newport Beach Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 04508312
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1804.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1496.12
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Two Primaries
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Peek-A-Boo
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Underground Utilities
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Refrigerator
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Sidewalks

Schools

  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access

Tax Info

  • Tax Block: 4
  • Tax Lot: 4
  • Tax Tract Number: 709
  • TaxOtherAnnualAssessmentAmount: 547.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2025 10/25/25 For Sale $2,699,000 -- $1,496 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25245599

California Regional Multiple Listing Service (CRMLS)