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5119 River Avenue, Newport Beach, CA, 92663
Beach Proximity Duplex in Newport

5119 River Avenue Newport Beach, CA 92663

For Sale
$4,500,000

MULTI_FAMILY - Newport Beach, CA

Property Size2,934 SF
Lot Size0.06 Acres
Price / SF$1,533
Days on Market145

Property Features for 5119 River Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
4
Rooms
Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 4, Bathroom 3
Parking
4
Parking features
Driveway, Assigned, Open
Patio and Porch features
Deck
Interior features
Granite Counters, Open Floorplan
Exterior features
Balcony
Appliances
Dishwasher, Dryer, Electric Cooktop, Refrigerator, Washer, Water Line to Refrigerator
Standard status
Active
APN
42450402
Size
2,934 SF
Lot size
0.06 Acres

Utilities

Water front features
Ocean Access
Water front
1

Building Details

Year built
1963
Floors in Building
2
Number of units
2
Flooring type
Laminate
Listing Agency: Windermere Real Estate
Listed By: Martha T Brown · License #01223204
Added: Mar 3 Changed: Jul 24 Last Checked: Jul 26 at 1:06PM
MLS# 219144386

Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This duplex is located just three houses from the beach, offering access to the ocean, Newport, and Huntington. The property features two units, providing an opportunity to live in one unit while generating rental income from the other, or to rent both units. The lower unit includes 2 bedrooms, 2 bathrooms, an open kitchen to the family room, a slider door to an enclosed lower patio, and laundry facilities. The upstairs unit mirrors the lower unit's floor plan but includes a larger, additional third bedroom with its own entrance and a spacious balcony. With city permitting, this third bedroom could be converted into a separate studio apartment. Ample parking is available with a 2-car garage and a 2-car driveway. Both the lower and upper units have been completely remodeled and can be rented month to month or, with a city permit, as short-term/vacation rentals. The property is situated on a lot of approximately 0.0634 acres and has a total size of 2934 square feet.

Key Highlights

  • Duplex built in 1963 with ocean access, located only 3 houses from the beach
  • Lower unit: 2 bedrooms, 2 bathrooms, open kitchen/family room, slider door to enclosed lower patio and laundry
  • Upstairs unit: same floorplan plus a larger 3rd bedroom with its own entrance and spacious balcony

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Daycare Center Locksmith (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex near the beach, offering rental income potential.
Where is this duplex located?
The property is located at 5119 River Avenue Newport Beach, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Duplex built in 1963 with ocean access, located only 3 houses from the beach; Lower unit: 2 bedrooms, 2 bathrooms, open kitchen/family room, slider door to enclosed lower patio and laundry; Upstairs unit: same floorplan plus a larger 3rd bedroom with its own entrance and spacious balcony
More about this property
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