Seller's Agent in 2023
Larry Birnbaum
LMB Enterprises
(714) 655-8108
69 Total Sales
208 Lugonia St Newport Beach, CA 92663
6
Beds
4
Baths
2,388
Sq Ft
2,614
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- 3 Car Garage
- Newport Elementary School Rated A
- Central Heating
- 4-minute walk to West Newport Park
About This Home
As of November 2023Newport Beach Duplex opportunity! Nestled in the heart of one of Southern California's most coveted coastal communities - "Newport Shores". This Duplex represents one of the best values in Newport Beach. It boasts two impeccably designed units that offer incredible investment potential. Both units are 3 bedrooms / 2 bathrooms. This property has a 3-car garage with shared laundry in the garage. A brand new exterior paint job was just completed last month. Both units have large open floor plans making them easy units to keep rented. They feel light, bright, and open... with plenty of natural light and the perfect ocean breeze. This property has been well-maintained and professionally managed for years. Lower Unit (A): 3 bed / 2 bath. Older finishes. Currently rented at $3,100 / month – Lease is month to month (rent is reviewed and increased every May). Upper Unit (B): 3 bed / 2 bath. Fully remodeled just a couple of years ago. Currently rented at $4,200 / month – Lease expires 7/31/24. This is a terrific opportunity to invest in a fully occupied duplex property in the highly-desired "Newport Shores" neighborhood. Your Tenants will enjoy living the Southern California lifestyle near beaches, surfing, paddleboarding, boating, and biking. The seller is also selling two other Duplex Properties at the same time. [210 Lugonia Street (MLS# OC23189784) and 209 Walnut Street (MLS# OC23189780)]. These three duplex properties can be purchased together or separately.
Last Agent to Sell the Property
LMB Enterprises License #01363487 Listed on: 10/16/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 2,614 Sq Ft Lot
- No Common Walls
- Level Lot
Parking
- 3 Car Garage
- Parking Available
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,388 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Central Heating
- Standard Electricity
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 10 / 5
- Tax Tract Number 709
- Assessor Parcel Number 04508206
Community Details
Overview
- No Home Owners Association
- 2 Units
- Newport Shores Subdivision
Recreation
- Water Sports
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2023 11/20/23 | Sold | $2,225,000 | -1.1% | $932 / Sq Ft |
| 10/20/2023 10/20/23 | Pending | -- | -- | -- |
| 10/16/2023 10/16/23 | For Sale | $2,250,000 | -- | $942 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Larry Birnbaum
-
Tori Rimlinger
Buyer's Agent in 2023
Tori Rimlinger
Compass
(949) 378-6200
38 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23189782
APN: 045-082-06
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