Beach Proximity Duplex in
For Sale
$4,500,000
5119 River Avenue, Newport Beach, CA 92663
MULTI_FAMILY - Newport Beach, CA
Property Size2,934 SF
Lot Size0.06 Acres
Price / SF$1,533
Days on Market166
Property Features for 5119 River Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
4
Full bathrooms
2
Rooms
Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 4
Parking
4
Parking features
Open, Driveway, Assigned
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
Subdivision
Lido Peninsula
Lot features
Level, Level
Standard status
Active
APN
42450402
Size
2,934 SF
Lot size
0.06 Acres
Utilities
Water front features
Ocean Access
Water front
1
Amenities
enclosed lower patio
spacious balcony
laundry
Building Details
Year built
1963
Floors in Building
2
Number of units
2
Flooring type
Laminate
Listing Agency:
Windermere Real Estate
(760) 541-4800
Listed By:
Martha T Brown · License #01223204
(760) 219-0915
Added: Mar 3
Changed: Aug 10
Last Checked: Aug 16 at 4:06AM
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
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,099
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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
