207 Walnut St, Newport Beach, CA 92663

5 beds4 baths2,292 sqft Edit

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Sold: $1,400,000
Sold on 03/12/15
Zestimate®: $1,427,495
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Motivated seller all offers considered!!! Income DUPLEX Two blocks to the ocean! Rents equal 72k a year!!! Renovated inside and out. The spacious 3/2 unit and 2/2 lower unit. The upper has 300 SF roof top deck with an ocean view. The master bath has travertine flooring, soaking tub plus an extra large shower, and a balcony w/ ocean view. The great room has a vaulted ceiling, fireplace, kitchen counter bar and a balcony w/ ocean view. Both units have granite counters and newer stainless steel appliances. 4 car tandem garage plus 5th parking space.

What I love about the home

Great passive income! $6,000 a month/$72,000 a year GROSS.
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Facts

  • Lot: 2,550 sqft
  • Miscellaneous
  • Built in 1976
  • Views: 9,176 all time views
  • Heating: Forced air
  • Last sold: Mar 2015 for $1,400,000
  • Last sale price/sqft: $611

Features

  • Deck
  • Parking: Carport, Garage - Attached, On street, 5 spaces
  • Patio
  • Porch
  • Storage
  • Transportation
  • View: Water

Additional Features

  • Roof Top Deck!

Construction

  • Exterior material: Stucco
  • Roof type: Composition
  • Stories: 2
  • Structure type: Spanish
  • Unit count: 2

Other

  • Floor size: 2,292 sqft
  • Heating: Electric
  • Last remodel year: 2004
  • Parcel #: 04508211
  • Zillow Home ID: 25133693

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$1,427,495
+$22,960 Last 30 days
$1.30M
$1.56M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$3,781/mo
+$30 Last 30 days
$2.1K
$6.3K
Zestimate range

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Popularity on Zillow

9,176 all-time views
of this home (chart)

Mortgages

Neighborhood: 92663

Zillow predicts 92663 home values will increase 1.5% next year, compared to a 3.1% increase for Newport Beach as a whole. Among 92663 homes, this home is valued 14.6% more than the midpoint (median) home, but is valued 21.2% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 92663, the number of foreclosures waiting to be sold is 10.3% higher than in Newport Beach, and 59% less than the national average. This higher local number may prevent 92663 home values from rising as quickly as other regions in Newport Beach.

Learn more about forecast calculations or 92663 home values.
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Nearby

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    Nearby Schools in Newport Beach

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org