Remodeled Beachside
5119 River Avenue, Newport Beach, CA 92663
For Sale
New
$3,200,000
Two updated units offer distinct layouts, including an upper-level residence with a private entrance and balcony.
Property SizeContact for details
Days on Market1
Property Features for 5119 River Avenue
General Information
Standard status
Total Parking Spaces
Property subtype
Additional Details
Multifamily Units
Amenities
Laminate
true
false
2
Open Floorplan
Level
2762
4
0.0634
Assessor
Driveway,Garage,Garage Door Opener
1
Building Details
Year Built
Buildings
Stories
Listing Agency:
Windermere Real Estate
(760) 219-0915
Listed By:
Martha Brown · License CA #01223204
(760) 541-4800
Source:
Gotrealestatesolutions
Added: Nov 9
Last Checked: Nov 9 at 2:13AM
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
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Investment Insights
Based on property information with market context.
Built in 1963, this duplex has two remodeled residences. The lower unit includes two bedrooms, two bathrooms, an open kitchen and family room, an enclosed patio, and laundry. The upper unit follows a similar floor plan, with a larger third bedroom, a separate entrance, and a spacious balcony. A two-car garage and a two-car driveway provide parking. The upper unit could potentially function as a separate studio apartment with appropriate city permitting.
The property is three houses from the beach, with access to Newport and Huntington. Both units may be rented month to month; short-term or vacation rentals require a city permit.
The property is three houses from the beach, with access to Newport and Huntington. Both units may be rented month to month; short-term or vacation rentals require a city permit.
Key Highlights
- Two remodeled units in a duplex built in 1963
- Lower residence has 2 bedrooms, 2 bathrooms, an enclosed patio, and laundry
- Upper residence includes a larger third bedroom, separate entrance, and balcony
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,099
Businesses Nearby
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Business Placement
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
$2,000,001
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Newport Beach, CA
Properties on Market for Duplexes in Newport Beach
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated units offer distinct layouts, including an upper-level residence with a private entrance and balcony.
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 $3,200,000.
What are key features of this property?
This property features: Two remodeled units in a duplex built in 1963; Lower residence has 2 bedrooms, 2 bathrooms, an enclosed patio, and laundry; Upper residence includes a larger third bedroom, separate entrance, and balcony
