203 Cedar St Unit A & B Newport Beach, CA 92663
Estimated payment $16,854/month
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
Compass Brokerage Phone: 949-378-6200 License #01512376 Listed on: 10/25/2025
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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: NP25245599
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