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Four-Unit Income Property
For Sale
$5,900,000

4703 River, Newport Beach, CA 92663

Four residential units with covered parking, arranged as two 3BR/3BA and two 2BR/2BA residences.

Property Size4,650 SF
Days on Market83

Property Features for 4703 River

General Information

Standard status Active
Size 4,650 SF
Property subtype Quadruplex

Building Details

Building Size 4,650 SF
Year Built 2021
Listing Agency: Cefalia Real Estate
Listed By: Jeff Cefalia · License #02081879
Source: Summerperrygroup
Added: Jun 17 Changed: Aug 31 Last Checked: Sep 6 at 11:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cefalia Real Estate

Investment Insights

Based on property information with market context.

An exceptional four-unit income property configured as two 3BR/3BA and two 2BR/2BA residences, each designed to feel like true single-family living. The upstairs units feature raised ceilings, and all units include covered parking. Interior finishes include luxury vinyl plank flooring, quartz countertops, and Andersen windows and doors. The exterior is all-stucco and built for low-maintenance beach living.

The property is described as walkable to the beach, boardwalk, bay, surf areas, local cafés, restaurants, boutique shops, and other amenities on the Newport Beach Peninsula. Quick access to PCH is also noted.

Please note that while the property operates as four residences, it is not legally permitted as a 4-unit building; it was originally permitted as two units in 2021.

Key Highlights

  • Built in 2021: 4 residential units with total 4,800 sf living space and covered parking
  • Unit mix: two 3BR/3BA residences and two 2BR/2BA residences
  • Luxury vinyl plank flooring and quartz countertops

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center Grocery & Convenience Store Locksmith Catering Service Food Market (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,716
Businesses Nearby

Demographics for 92663, CA

20,812
Population
12,348
Households
1.7
Avg Household Size
42
Median Age
64%
College-Educated
97%
High-School Grad
3.3 sq mi
ZIP Area
6,307
Density / Sq Mi
$138,271
Median Household Income
$77,157
Median Earnings
$2,717
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units with covered parking, arranged as two 3BR/3BA and two 2BR/2BA residences.
Where is this quadplex located?
The property is located at 4703 River Newport Beach, CA.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Built in 2021: 4 residential units with total 4,800 sf living space and covered parking; Unit mix: two 3BR/3BA residences and two 2BR/2BA residences; Luxury vinyl plank flooring and quartz countertops
More about this property
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