4703 River Ave Newport Beach, CA 92663
West Newport Beach NeighborhoodEstimated payment $33,710/month
Highlights
- Ocean View
- Fishing
- No HOA
- Property has ocean access
- Fireplace in Primary Bedroom
- Hiking Trails
About This Home
This exceptional 4-unit income property represents a rare offering on the coveted Newport Beach Peninsula. The property consists of four distinct residences that all feel like true single family living spanning 10 bedrooms and 10 total bathrooms. With a combined 4,800 sf living space, the property is configured as two 3BR/3BA and two 2BR/2BA units with covered parking. Raised ceilings in the upstairs units provide a massive sense of depth giving the larger units a uniqueness that is hardly found in the traditional multifamily setting. Featuring luxury vinyl plank flooring, quartz countertops, Andersen windows and doors, and an all-stucco exterior designed for low-maintenance beach living and built with the highest of quality and care. Stroll to the beach, boardwalk, bay, surf spots, local cafés, restaurants, boutique shops, and everything the Newport Peninsula has to offer. Quick access to PCH keeps all of coastal Orange County within easy reach. A property of this size and of this quality is something that needs to be experienced in person to be appreciated! Please note:Property operates as four residences but is not legally permitted as a 4-unit building, originally permitted as two units in 2021.
Listing Agent
Cefalia Real Estate Brokerage Phone: 949-697-1955 License #02081879 Listed on: 06/17/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2021
Lot Details
- 4,792 Sq Ft Lot
- Property fronts an alley
- No Common Walls
- Vinyl Fence
- No Landscaping
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
- Slab Foundation
- Asphalt Roof
Interior Spaces
- 4,650 Sq Ft Home
- 3-Story Property
- Built-In Features
- Gas Fireplace
- Casement Windows
- ENERGY STAR Qualified Doors
- Living Room with Fireplace
- Dining Room with Fireplace
- Vinyl Flooring
- Ocean Views
- Washer and Gas Dryer Hookup
Kitchen
- Gas and Electric Range
- Range Hood
- Water Line To Refrigerator
- Instant Hot Water
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 10 Bedrooms
- Fireplace in Primary Bedroom
- 10 Bathrooms
Parking
- 2 Parking Spaces
- 2 Attached Carport Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Property has ocean access
- Balcony
- Exterior Lighting
- Rain Gutters
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 11A
- Tax Tract Number 411
- Assessor Parcel Number 42441105
- $584 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
- West Newport Beach Subdivision
Amenities
- Laundry Facilities
Recreation
- Fishing
- Park
- Dog Park
- Water Sports
- Hiking Trails
- Bike Trail
Building Details
- 4 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $8,912
- Fuel Expense $1,558
- Insurance Expense $4,800
- Trash Expense $1,385
- Water Sewer Expense $1,385
- Operating Expense $18,040
- Gross Income $235,200
- Net Operating Income $217,160
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $28,785 | $2,745,457 | $1,917,987 | $827,470 |
| 2025 | $28,785 | $2,691,625 | $1,880,379 | $811,246 |
| 2024 | $28,331 | $2,638,849 | $1,843,509 | $795,340 |
| 2023 | $27,667 | $2,587,107 | $1,807,361 | $779,746 |
| 2022 | $27,207 | $2,536,380 | $1,771,923 | $764,457 |
| 2021 | $26,685 | $2,486,648 | $1,737,180 | $749,468 |
| 2020 | $19,806 | $1,878,655 | $1,719,368 | $159,287 |
| 2019 | $19,236 | $1,759,500 | $1,685,655 | $73,845 |
| 2018 | $8,369 | $662,153 | $568,531 | $93,622 |
| 2017 | $8,379 | $649,170 | $557,383 | $91,787 |
| 2016 | $8,222 | $636,442 | $546,454 | $89,988 |
| 2015 | $8,151 | $626,883 | $538,246 | $88,637 |
| 2014 | $7,974 | $614,604 | $527,703 | $86,901 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/17/2026 06/17/26 | For Sale | $5,900,000 | +242.0% | $1,269 / Sq Ft | |
| 01/30/2018 01/30/18 | Sold | $1,725,000 | -4.2% | $862 / Sq Ft | View Prior Sale |
| 11/15/2017 11/15/17 | Pending | -- | -- | -- | |
| 11/09/2017 11/09/17 | For Sale | $1,800,000 | +4.3% | $900 / Sq Ft | |
| 04/28/2017 04/28/17 | Off Market | $1,725,000 | -- | -- | |
| 01/23/2017 01/23/17 | For Sale | $1,800,000 | -- | $900 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,725,000 | Chicago Title Co | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Ticor Title Orange Branch | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | $500,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | California Counties Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,095,000 | Construction | |
| Closed | $2,654,000 | Construction | |
| Previous Owner | $912,000 | Commercial | |
| Previous Owner | $489,000 | Commercial | |
| Previous Owner | $417,000 | Commercial | |
| Previous Owner | $330,000 | Purchase Money Mortgage | |
| Previous Owner | $350,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26131277
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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