27
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$4,500,000
Est. payment /mo
2,762 Sqft Lot
Active
5119 River Avenue Newport Beach, CA 92663
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 219144386DA
Lot Size 2,762 Sqft
Property Sub-Type Res Income 2-4 Units
Property 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.
Location
State CA
County Orange
Zoning Assessor
Direction Once you are on Balboa make an immediate Right on River. Home is on your Left. There is Room to Park in Driveway.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 42450402
Acceptable Financing Cash
Listing Terms Cash
Listed by Martha Brown, DRE#01223204 Windermere Real Estate
NEARBY SCHOOL & BUSINESS
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