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    5119 River Ave Newport Beach, CA 92663

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    For Sale
    $4,500,000

    Duplex near the beach with income potential and remodeled units.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 24 at 4:35 pm

    Property Features for 5119 River Ave

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1963

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    Listing Contact
    Martha Brown
    Martha Brown

    Listing agent Martha Brown License #01223204

    Listing office Windermere Real Estate

    Listing date Apr 24, 2026

    Source Elliman

    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 Windermere Real Estate


    Overview

    Beach Proximity Duplex Opportunity

    This duplex, situated only three houses from the beach, offers coastal living with access to the ocean, Newport, and Huntington. The property features two units, providing the option to live in one while renting out the other for income, or renting both. The lower unit includes 2 bedrooms, 2 bathrooms, an open kitchen to 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. Subject to city permitting, this third bedroom could potentially be converted into a separate studio apartment. Parking includes a 2-car garage and a 2-car driveway. Both the lower and upper units have been completely remodeled and can be rented on a month-to-month basis or, with a city permit, as short-term vacation rentals. The property has a bike score of 61, indicating it is bikeable, a walk score of 86, indicating it is very walkable, and a transit score of 40, indicating some transit options are available.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Daycare Center Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport Beach
    County
    Orange
    State
    California
    Longitude
    -117.942761
    Latitude
    33.6234279

    FAQs

    What type of property is this?
    Duplex - Duplex near the beach with income potential and remodeled units.
    Where is this duplex located?
    The property is located at 5119 River Ave 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: Only 3 houses from the beach, offering easy access to the ocean.; Duplex property provides opportunity for rental income (live in one unit, rent the other, or rent both).; Both lower and upper units are completely remodeled.
    More about this property
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