208 Lugonia ST Newport Beach, CA 92663

Newport 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.