NOT LISTED FOR SALE

5109 River Ave Newport Beach, CA 92663

West Newport Beach Neighborhood
4 Beds
4 Baths
2,200 Sq Ft
2,984 Sq Ft Lot

Last Sold August 20, 2015

Last sale price $1,615,000 $734 Per Sq Ft

5 Days on Market

Highlights

  • Marina
  • Property has ocean access
  • No Units Above
  • Newport Elementary School Rated A
  • Spa
  • All Bedrooms Downstairs

About This Home

As of August 2015

Newport Beach Peninsula Duplex. 2 Town-home style units; both with 2 bedrooms, 1.5 baths, just 3 houses from the oceanfront!. The building was just remodeled in 2015 with new bathrooms, new tankless water heaters, new inside laundry, new kitchen cabinets, countertops and appliances in back unit. Both units have private patios with a private spa and huge sun deck over garage in front unit. This hip mid century modern building is the perfect fit to live in one unit while collecting great income from the other, or fantastic income opportunity in Newport Beach. Excellent short or long term rental history in this perfect location. Walking distance to Ocean, Newport Harbor, Sunset Park, 5 star dining and much more.

Last Agent to Sell the Property

Christopher Parr

eXp Realty of Southern Ca, Inc License #01272772 Listed on: 07/23/2015

eXp Realty of Southern Ca, Inc

Last Buyer's Agent

Mattia Veloz

Coldwell Banker-Campbell Rltrs License #01463036

Coldwell Banker-Campbell Rltrs

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 2,984 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Bluff Views

Kitchen

  • Gas Range
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Outdoor Features

  • Spa
  • Property has ocean access
  • Ocean Side of Highway 1

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • High-Efficiency Water Heater

Listing and Financial Details

  • Assessor Parcel Number 42450404

Community Details

Overview

  • 2 Units

Recreation

  • Marina

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: West Newport Beach (WSNB)
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 42450404
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Recessed Lighting, Storage, Stone Counters
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Fireplace Features: Gas, Living Room
  • Levels: Two
  • Price Per Square Foot: 734.09
  • Room Type: All Bedrooms Down
  • Spa Features: Private
  • Window Features: Double Pane Windows

Exterior Features

  • View: Bluff
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, High Efficiency Water Heater
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Inside
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 2984.00
  • Price Per Lot Square Foot: 541.22
  • Lot Size Acres: 0.0690

Multi Family

  • Gross Scheduled Income: 72000.00
  • Lot Size Area: 2984.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Waterfront Features: Marina in Community, Ocean Access, Ocean Side Of Highway 1

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2015 08/20/15 Sold $1,615,000 +1.3% $734 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $1,595,000 -- $725 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Christopher Parr

    Seller's Agent in 2015

    Christopher Parr

    eXp Realty of Southern Ca, Inc

    (949) 293-2395

    19 in this area

    22 Total Sales

    Section Image
  • Mattia Veloz

    Buyer's Agent in 2015

    Mattia Veloz

    Coldwell Banker-Campbell Rltrs

    (949) 375-2500

    14 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15161103

California Regional Multiple Listing Service (CRMLS)

APN: 424-504-04

California Orange County Newport Beach 92663 West Newport Beach

5109 River Ave, Newport Beach, CA

This home is located at 5109 River Ave, Newport Beach, CA 92663 since 23 July 2015. This property was built in 1958. 5109 River Ave is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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