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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

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Yes. Belmont Brokerage handles commercial real estate transactions including office spaces, retail locations, multi-family investments, and mixed-use developments throughout Los Angeles County. Our commercial division provides investment analysis, lease negotiations, and 1031 exchange guidance.

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Belmont Brokerage combines California MLS data with internal valuation and offer-strategy workflows, plus compliance-aware document tooling. Agents get data-driven pricing context grounded in active listings and recent market activity.

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Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

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258 Walnut — Newport Beach — 3 Beds • 2 Baths • 1,348 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+31 more

$2,499,000

17 DOM

$1,854/sqft3 bd2 ba1,348 sqftHOA ~70/mo

Call

258 Walnut Newport Beach, CA 92663

2,720sqft lot

Welcome to 258 Walnut Street—an effortlessly stylish coastal retreat in the coveted Newport Shores community, just two blocks from the beach and some of Newport’s most sought-after surf. This beautifully reimagined 3-bedroom, 2-bathroom home offers approximately 1,348 square feet of curated living space, blending a refined mid-century modern aesthetic with relaxed coastal elegance. Clean lines, warm textures, and an abundance of natural light create a serene yet sophisticated atmosphere throughout. The open-concept design is ideal for both everyday living and entertaining, featuring wide-plank white oak flooring, a statement fireplace, and seamless indoor-outdoor flow. At the heart of the home, the open concept kitchen which showcases sleek quartz countertops, custom cabinetry, and stainless steel appliances—perfectly suited for everything from casual mornings to sunset gatherings after a day at the beach. The primary suite is a private sanctuary, complete with dual vanities and a spacious walk-in closet, while two additional bedrooms offer flexibility for guests, a home office, or a growing family. Additional highlights include air conditioning, in-home laundry, and an attached two-car garage. Experience the ultimate Newport Beach lifestyle with exclusive access to the Newport Shores Community Association amenities, including a resort-style pool, clubhouse, tennis and pickleball courts, basketball, volleyball, playground, and outdoor barbecue areas. Ideally located near award-winning public schools, as well as premier dining, shopping, and coastal recreation, this home offers an exceptional blend of convenience and lifestyle. Whether you’re catching early morning waves, biking along the coast, or enjoying sunset strolls along the sand, this home places you at the center of it all—offering a rare opportunity to experience the quintessential Southern California coastal lifestyle with timeless mid-century modern appeal.

MLS NP26065920

949-438-4340 (Office) 949-378-6200 (Cell) tori.rimlinger@compass.com

Est. payment

$16,038/mo

Principal & interestTaxesInsuranceHOA

$12,636$2,603$729$70

Down %

Rate %

Years

Down payment: $499,800 · Total cost: $5,048,869

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$16,038/mo

Principal & interest: $12,636
Est. property tax: $2,603
Est. insurance: $729
HOA (normalized / mo): $70
Down payment: $499,800

Est. gross rent$10,413/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-5,625/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.