203 Cedar Street, Newport Beach, CA 92663

• 4 beds |
• 3 baths

Property Description

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 homes 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 doorsideal for entertainingas 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.

Listing Status:

Active

Date Added:

March 24, 2026

Data Last Updated:

May 20, 2026 at 4:14PM

Listing Office:

Compass : 949-438-4340

Listing Agent:

Tori Rimlinger : 949-378-6200

MLS ID:

NP26064203

Interior

• A/C: Central Forced Air

Exterior

• Pool: N/K

Construction

• General: 2 Story

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Orange

Lot

• Zoning: Assessor04508312

Financial

• Source: California Regional MLS