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
Baths0.0

Monthly Estimate*

$ 27,707

Listed by Windermere Real Estate
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Studio

Multi-Family Home for sale in Newport Beach, CA

for $4,500,000. This home was built in 1963 on a lot size of 0.0634.

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.

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Multi-Family Active

Price

$ 4,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0634

Year Built

1963

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

219144386DA

Days on Market

7

Features
General
Possession Close Of Escrow
Appliances Dishwasher Electric Cooktop Refrigerator Water To Refrigerator
HOA Fee 0
Garage Spaces 2
Year Built 1963
Stories Count 2
Levels Two
County Orange
New Construction false
Property Type Residential Income
Subdivision Name Not Applicable-1
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Once you are on Balboa make an immediate Right on River. Home is on your Left. There is Room to Park in Driveway.
City Newport Beach
Disclosures Easement(s)
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 2
MLS Area N8 - West Newport - Lido
Lot Size Units Square Feet
Lot Size Square Feet 2762
Carport Spaces 0
Listing Terms Cash Cash to New Loan
Property Attached Y/N false
Land Lease Y/N false
Property Condition Updated/Remodeled
Rent Control Y/N false
Standard Status Active
Year Built Source Assessor
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Interior
Interior Amenities Open Floorplan
Flooring Laminate
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Total Baths 0
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Exterior
Parking Features Driveway Garage Garage Door Opener
Lot Features Level
Total Parking 4
Lot Size Area 2762
Number of Buildings 1
Spa false
Lot Size Acres 0.0634
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Windermere Real Estate

Broker

citrusproperties@gmail.com

Email

Affordability Calculator

$27,707
Per Month
100%
0%
0%
Monthly Principal & Interest
$27,707
Monthly Property Taxes
--
Monthly Home Insurance
--
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
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 a lot size of 0.0634. 5119 River Avenue is a studio with 0.0 baths and was built in 1963. The property's zip code is 92663 which is in Newport Beach, CA