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5119 River Avenue, Newport Beach, CA 92663

Property · 2 recorded sales since 2019

5119 River Avenue, Newport Beach, CA 92663 Sold May 2019 CRMLS
$2,050,000Sold May 2019

Listing Agent: Sean Jarne (DRE #01447010) · Listing Office: First Team Estates · Contact: 949-759-5747 · Bought with: Martha Brown · California Lifestyle Realty · MLS #LG18215256 · Source: CRMLS

2,762 sqft
Lot Size
1963
Year Built
Property
Type
2
Stories
2
Garage
None
Cooling
Radiant
Heating
PeekABoo
View

About this property

Price just reduced! This is the first time this property has been on the market in 35 years! Property is located 3 houses from the beach. Don't miss this over-sized beach-close duplex with a 2 car garage and a driveway allowing for lots of parking. The two units are stacked, one on the first floor and one on the second floor. The downstairs unit has 2 bedrooms and 2 baths, it has some improvements throughout and has been remodelled. The kitchen is open to the living and dining area making for a modern floorplan. There is a sliding door that opens to a yard in the back. The upstairs is a model match for the downstairs except it has one more extra large bedroom over the garage. The 3rd bedroom is large enough to make a 3rd unit as a studio apartment (with the city's permission of course) and has a separate entrance. The downstairs unit is currently vacant, the upstairs is rented yearly on a month to month lease, keep it that way for steady income or go for the big money with weekly rentals! Don't miss this opportunity!!!

Listing description from the May 2019 sale, as reported to CRMLS.

Sale history

$2,050,000
Sold May 2019 · listed $2,250,000, orig. $2,500,000, on market September 2018 · MLS #LG18215256 · Source: CRMLS
Listing Agent: Sean Jarne · Listing Office: First Team Estates · Contact: 949-759-5747 · Bought with: Martha Brown · California Lifestyle Realty
$2,050,000
Sold May 2019 · listed $2,250,000, on market September 2018 · MLS #LG18227851 · Source: CRMLS
Listing Agent: Sean Jarne · Listing Office: First Team Estates · Contact: 949-759-5747 · Bought with: Martha Brown · California Lifestyle Realty
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