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203 Cedar St Unit A & B, Newport Beach, CA, 92663

4beds
3baths
1,804sqft
$2,799,000
$1,552price/sqft
$16,265/moest. monthly cost
$650,600/yrincome needed

About This Home

Exceptional Newport Beach Duplex – Steps from the Sand. This rare short-term rental permitted duplex presents an outstanding opportunity for both investors and owner-users alike. Ideally located just two blocks from the beach, the property offers exceptional versatility with two distinct residences: a spacious 3-bedroom, 2-bath upper unit and a 1-bedroom, 1-bath lower unit. The upper residence has been beautifully remodeled, featuring a brand-new kitchen with custom cabinetry, stainless steel appliances, and thoughtfully updated bathrooms. New flooring and modern lighting enhance the home’s contemporary coastal aesthetic, while vaulted wood-beamed ceilings and abundant natural light create an inviting, open atmosphere. Glass sliders lead to a private roof deck with ocean views, seamlessly blending indoor and outdoor living. The lower unit offers its own private patio with French doors—ideal for entertaining—as well as air conditioning for year-round comfort. Both units are well-appointed with stainless steel appliances, cozy fireplaces, en suite primary bedrooms, double-pane windows, fresh paint, and a mix of laminate and tile flooring. Additional highlights include recessed lighting, washer and dryer, a 2-car garage, and two carport spaces. Whether you choose to live in one unit and rent the other or maximize income potential with both, this property is perfectly suited for investment, rental income, or a 1031 exchange. Enjoy the best of coastal living with award-winning schools, world-class dining, coffee shops, and entertainment just moments away.

Getting Around

66
WalkingSomewhat Walkable
29
TransitSome Transit
61
BikeBikeable

Schools

8/10
9/10

Construction

Condition

  • Year built: 1975

Type & Style

  • Home type: SingleFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Built-In Range,Dishwasher,Refrigerator,Dryer,Washer
  • Laundry features: Common Area

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Beamed Ceilings,Breakfast Bar,Balcony,Bedroom on Main Level,Main Level Primary,Multiple Primary Suites,Primary Suite
  • Window features: Double Pane Windows
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,804 sqft

Master Bedroom

  • Features: Main Level Primary

Master Bedroom

  • Features: Multiple Primary Suites

Master Bedroom

  • Features: Primary Suite

Property

Details

  • Parcel number: 04508312
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None
  • Patio & porch: Deck,Patio
  • Has view: Yes
  • View description: Neighborhood,Peek-A-Boo
  • Waterfront features: Across the Road from Lake/Ocean,Beach Access

Lot

  • Lot size: 2,614 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Attached Carport,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Carport: Yes