209 David Drive

Newport Beach, CA 92663

$2,249,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Three unit Coastal income property opportunity. Ideally located directly adjacent to Newport Shores, only a few hundred yards from the Pacific Ocean and the sandy beaches of Newport. This unique property was a duplex that has been converted into 2 condominiums with 2 separate APNs. In addition, there is a bonus space on the lower level with a separate entrance, kitchenette and bathroom. The property currently generates monthly income of $9,150. The upstairs unit, known as "Unit B", was renovated...

Property Details for 209 David Drive

City Postal ID
OC - NEWPORT BEACH (92663)

Location

Listing Courtesy of Compass, Carter Kaufman, DRE #01968622

Property Details for 209 David Drive

StatusActive
MLS #OC21138705
Days on Market27
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built-
Lot Size0.07 AC / 3,141 SF
CountyOrange County

Listing Agent

Contact Agent(s)

Location

Listing Courtesy of Compass, Carter Kaufman, DRE #01968622

Listing Agent

  1. Carter Kaufman

    Carter Kaufman

    Listing Agent

    Compass

    DRE #01968622

Building Information for 209 David Drive

Stories-Residences-Year Built-Building Size-Lot Size0.07 AC / 3,141 SF

Payment Calculator

$7,537 per month

30 year fixed, 2.95% Interest

Principal and Interest

$7,537

Property Taxes

HOA Dues

$0

Property Information for 209 David Drive

Summary Information
    Property and Location
  • System ID: 304367264
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Street Number Numeric: 209.0
  • Street Name: David Drive
  • Directions To Property: From PCH, Turn on Highland, Left on David
    HOA and Fees
  • Home Owner Fees: $0
  • Home Owners Fee Includes: Other/Remarks
  • Home Owner Association: 209 David Drive
    Supplement
  • Supplement: Three unit Coastal income property opportunity. Ideally located directly adjacent to Newport Shores, only a few hundred yards from the Pacific Ocean and the sandy beaches of Newport. This unique property was a duplex that has been converted into 2 condominiums with 2 separate APNs. In addition, there is a bonus space on the lower level with a separate entrance, kitchenette and bathroom. The property currently generates monthly income of $9,150. The upstairs unit, known as "Unit B", was renovated down to the studs in 2012 and offers 3 bedrooms and 2 bathrooms along with a spacious front and back deck with views of the canal and wetlands. Upgrades include vaulted ceilings with great natural light, Carrara marble countertops, a large kitchen island, marble bathroom tile, recessed lighting, whole house audio system, new insulation, new HVAC and new plumbing throughout. The downstairs unit, known as Unit A, was extensively renovated and has 2 bedrooms and 2 bathrooms with a private patio with built-in BBQ. Upgrades include large granite kitchen island, custom cabinetry, wood floors, recessed lighting, wood shutters, stainless steel appliances, and custom closets. The bonus additional downstairs space, known as Unit C and which is part of Unit B, is a studio with full kitchenette and private bathroom. The property also has leased Tesla solar panels. Each unit has its own washer and dryer. There are 2 garage spots and a carport. As of May 2021, the adjacent 401 acres of Banning Ranch are under contract to be purchased by "The Trust for Public Land" which intends on turning the ranch into a public park. PLEASE DO NOT DISTURB THE TENANTS!
Interior and Exterior Features
    Exterior Features
  • Pool: N/K
Property Information
    Property and Assessments
  • Entry Only: No
  • Lot Size: 1-3,999 SF
  • Zoning: Public Rec
  • Assessors Parcel Num: 93972016

Property History for 209 David Drive

DateEvent & SourcePriceAppreciation
Jun 28, 2021

Listed (Active)

SDMLS #OC21138705

$2,249,000
DateEvent & SourcePrice
06/28/2021

Listed (Active)

SDMLS #OC21138705

$2,249,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 209 David Drive


SchoolTypeGradesDistanceRating
Carden Hall, Inc SchoolPrivateK-81.0 mi
NR
Newport-Mesa AdultPublic2.2 mi
NR
Horace Ensign Intermediate SchoolPublic7-82.3 mi
7
Newport Harbor High SchoolPublic9-122.4 mi
7

Carden Hall, Inc School

K-8, 1.0 mi, Private

NR

Newport-Mesa Adult

2.2 mi, Public

NR

Horace Ensign Intermediate School

7-8, 2.3 mi, Public

7

Newport Harbor High School

9-12, 2.4 mi, Public

7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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209 David Drive is a multi-family home for sale in Newport Beach, CA 92663. This property was listed for sale on June 28, 2021 by Compass at $2,249,000. This listing's school district is Newport-Mesa Unified School District. Nearby schools include Carden Hall, Inc School, Newport-Mesa Adult and Horace Ensign Intermediate School. 209 David Drive is a 0-bed, 0-bath, multi-family home.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of Compass, Carter Kaufman, DRE #01968622

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.