$3,695,000
211 Cypress Street, Newport Beach CA 92661
Multi-Family (2 Units)
Property type
21 days
On market
$1,949
Price per sqft
2 cars
Garage
1961
Year built
3,133 sqft
Lot size
Home highlights
Open Houses
Overview
Located in the heart of the Balboa Peninsula, 211 Cypress presents a rare opportunity to own a traditional beach house just steps from the Balboa Fun Zone, local restaurants, the bay, and the beach. This well-positioned coastal duplex offers immediate income potential, owner-user flexibility, and long-term redevelopment upside in one of Newport Beach's most desirable...
Listing provided by: Christopher Garner DRE #02245213 650-438-3377, Christopher Garner
Listing updated: May 31, 2026 at 06:38pm.
Last checked: Jun 4, 2026 at 01:31am
Source: CRMLS #26833345
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $4,200 | $50,400 | $4,750 | Unfurnished |
| 1 | 2 | 1 | 1 | $5,000 | $60,000 | $5,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Dishwasher: 2
Disposal: 2
Refrigerator: 2
Units Leased: 2
Financial Snapshot
Net Operating Income: $0
Interior
Interior Features: Furnished, Walk-in Closets
Room Type: Living Room, Other
Cooling: Gas
Heating: Central, Natural Gas
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Laundry: In Garage, Stacked, Dryer Included, Washer Included
Entry Location: Main Level
Exterior
Architectural Style: Contemporary
Property Attached: Yes
Stories Total: 2
Levels: Two
Door Features: Sliding Doors
Foundation: Slab
Property Condition: Updated Remodeled
Common Walls: One Common Wall
Direction Faces: South
Security Features: Carbon Monoxide Detectors, Fire Detection System, Smoke Detectors
Lot Features: Front Yard
Spa: Bath
Patio and Porch Features: Brick, Covered, Front Porch, Open, Patio
Waterfront Features: Across The Road From Lake Ocean
Garage and Parking
Parking: Private
Garage Spaces: 2
Garage: Detached
Parking Total: 2
Lot Information
Land Lease: No
Parcel #: 04809219
Additional Parcels: No
Lot Size Dimensions: 30x105
Community
HOA: No
Senior Community: No
High School District: Newport Mesa Unified
Nearby Schools
Nearby schools around the 211 Cypress Street, Newport Beach, CA 92661. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,956,000
Total Interest
$3,770,215
Total Payment
$6,726,215
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$22,683
per month
Property History for 211 Cypress Street
Newport Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92661.
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