5119 River Avenue Newport Beach, CA ^$ 4,500,000

5119 River Avenue

^$ 4,500,000

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5119 River Avenue

Newport Beach, CA, 92663

^$ 4,500,000

Bedrooms5 Baths4.0 Sq 2,934

Monthly Estimate*

^$ 27,707

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Multi-Family Home for sale in Newport Beach, CA

for $4,500,000 with 5 bedrooms and 4 full baths. This 2,934 square foot home was built in 1963.

Calling all Beach Lovers, this Highly Coveted Location-- only 3 Houses from the Beach, Offers the Ultimate Coastal Lifestyle with Easy Access to the Ocean, Newport and Huntington. Experience the Perfect Blend of Comfort and Opportunity with this Versatile Duplex. Live in One Unit and Enjoy the Convenience of Home Ownership while Generating Rental Income from the Other or Rent Both for More Generous Income. The Lower Unit has 2 Bedrooms and 2 Baths, Open Kitchen to Family Room, and Slider Door to Enclosed Lower Patio and Laundry. The Upstairs Features Same FloorPlan as Lower except it has Additional 3rd Bedroom which is much Larger and has it's own Entrance and Spacious Balcony. With Proper City Permitting this could be a Separate Studio Apartment. Ample Parking with 2 Car Garage and 2 Car Driveway. Lower and Upper Units both Completely Remodeled and can be Rented Month to Month or with City Permit Short Term/Vacation Stay! Seize the Chance to Make this Stunning Beach Property your Own--Paradise Awaits.

Multi-Family Active

Price

^$ 4,500,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Year Built

1963

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

219144386

Features

General

Living Area 2934.0

Sewer In Connected and Paid

Heating Other

Cooling Air Conditioning

Possession Close Of Escrow

Garage Spaces 2.0

Patio/Porch Features Concrete Slab Deck

3/4 Baths 2

Full Baths 2

Half Baths 0

Year Built 1963

Levels Top Two Ground

Property Subtype Duplex

Waterfront Features Ocean Access

Community Features Sidewalks Curbs

County Orange

New Construction No

Property Type C

Subdivision Name Not Applicable

Other Structures Outside Shower

Status Active

City Newport Beach

Entry Location Ground Level - No Steps Top Level

Senior Community Y/N No

Number Of Units Total 2

MLS Area N8 - West Newport - Lido

Carport Spaces 0.0

Listing Terms Cash to New Loan Cash

Property Condition Updated/Remodeled

Walk Score 0

MLS Area Minor N/A

Standard Status Active

Interior

Interior Amenities Open Floorplan Granite Counters

Flooring Laminate

Kitchen Appliances Dishwasher Water Line to Refrigerator Dryer Electric Cooktop Washer Refrigerator

Total Stories 2

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N No

1/4 Baths 0

Total Bathrooms 4.0

Laundry Features In Closet

Total Baths 4

Total Bedrooms 5

Exterior

Exterior Amenities Balcony

Fencing Wood

Parking Features Total Uncovered/Assigned Spaces Garage Door Opener Driveway

Lot Features Level

Total Parking 4.0

Lot Size Area 2762.0

Waterfront Y/N Yes

Spa No

Pool Y/N? No

Building Area Total 2934.0

Road Surface Type Paved

Lot Size Source Assessor

Number of Separate Water Meters 2

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Land Lease Type Fee

* Excluded Features

List By

Martha Brown

Listing Agent

Windermere Real Estate

Broker

Affordability Calculator

$27,707

Per Month

Monthly Principal & Interest: $27,707
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Newport Beach, CA

Average List Price ^$5,048,849

Percent of Sale Price 12%

About Newport Beach, CA

87,617 Population

11% Since 2002

^$123,504 Median Income

45.15 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/7/2026	$4,500,000		Listed Price

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5119 River Avenue, Newport Beach, CA, 92663 is a Multi-Family Home for sale at $4,500,000 with 2,934 sqft. 5119 River Avenue has 5 bedrooms, 4.0 baths, and was built in 1963. The property's zip code is 92663 which is in Newport Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/29/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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5119 River Avenue

Multi-Family Home for sale in Newport Beach, CA

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