About This Home

This 5-bedroom, 4-bathroom multi-family at 5119 River Avenue in Newport Beach, CA is listed for $3,200,000 ($1,091 per sqft). Built in 1963, the home offers 2,934 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 1963
  • 0.06 acre lot
  • 2 stories
  • 4 parking spaces
  • Waterfront

Property Details

2 stories
2 full
2-car garage
1963

Amenities

WaterfrontA/C
Listing Description

Calling all Beach Lovers, this Highly Coveted Location-- only 3 Houses from the Beach, Offers the Ultimate Coastal Lifestyle with Easy Access to the Ocean, Newport and Huntington. Experience the Perfect Blend of Comfort and Opportunity with this Versatile Duplex.

Live in One Unit and Enjoy the Convenience of Home Ownership while Generating Rental Income from the Other or Rent Both for More Generous Income. The Lower Unit has 2 Bedrooms and 2 Baths, Open Kitchen to Family Room, and Slider Door to Enclosed Lower Patio and Laundry.

The Upstairs Features Same FloorPlan as Lower except it has Additional 3rd Bedroom which is much Larger and has it's own Entrance and Spacious Balcony. With Proper City Permitting this could be a Separate Studio Apartment. Ample Parking with 2 Car Garage and 2 Car Driveway. Lower and Upper Units both Completely Remodeled and can be Rented Month to Month or with City Permit Short Term/Vacation Stay! Seize the Chance to Make this Stunning Beach Property your Own--Paradise Awaits.

Monthly Cost Estimate

$17,114/mo

20% down · 6.5% · 30 years

Principal$2,314
Interest$13,867
Insurance$933

Estimates only. Actual payments may vary.

Location

5119 River Avenue

Newport Beach, CA 92663

Lido Peninsula

Features & Amenities

Interior Features

Granite CountersOpen Floorplan

Exterior Features

Balcony

Property Details

Flooring

Laminate

Outdoor Features

Deck

Parking

AssignedOpenDriveway

Appliances

DishwasherDryerElectric CooktopRefrigeratorWasherWater Line to Refrigerator

Questions & Answers

This 5-bedroom, 4-bathroom multi-family at 5119 River Avenue is listed at $3,200,000 ($1,091/sqft). The estimated monthly payment is $17,114 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1963, 0.06 acre lot, 2 stories, 4 parking spaces, Waterfront. Interior Features: Granite Counters, Open Floorplan. Exterior Features: Balcony.

This property is listed by Martha T Brown.

MB

Martha T Brown

Agent at Windermere Real Estate

Listed by Windermere Real Estate · Broker phone: (760) 848-8444 · View on Broker Site · Broker website

MLS# 219144386· Source: California Desert Association of REALTORS®· 241 days on PropertySimple

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.

5119 River Avenue, Newport Beach, CA 92663

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