Newport Beach, CA 92663,5119 River AVE

$2,050,000

Est. payment /mo

$2,250,000

8.9%
Est.Price: ?

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5119 River AVE Newport Beach, CA 92663

5 Beds

4 Baths

2,934 SqFt

SOLD DATE : 05/06/2019

Key Details

Sold Price $2,050,000

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,934 sqft

Price per Sqft $698

Subdivision Lido Peninsula (Lipn)

MLS Listing ID LG18227851

Sold Date 05/06/19

Bedrooms 5

Full Baths 4

Construction Status UpdatedRemodeled,Turnkey

HOA Y/N Yes

Year Built 1963

Lot Size 2,761 Sqft

Acres 0.0634

Lot Dimensions Appraiser

Property Description

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!!! 5119river.com

Location

State CA

County Orange

Area N8 - West Newport - Lido

Zoning R2

Rooms

Basement Unfinished

Main Level Bedrooms 5

Ensuite Laundry WasherHookup, LaundryCloset, InGarage

Interior

Interior Features Balcony, HighCeilings, LaminateCounters, OpenFloorplan, TileCounters, Unfurnished, MultipleMasterSuites

Laundry Location WasherHookup,LaundryCloset,InGarage

Heating Radiant

Cooling None

Flooring Carpet, Laminate, Tile

Fireplaces Type None

Fireplace No

Appliance ElectricCooktop, ElectricOven, Disposal, RangeHood

Laundry WasherHookup, LaundryCloset, InGarage

Exterior

Exterior Feature Lighting

Garage Concrete, GarageFacesFront, Garage, GarageDoorOpener

Garage Spaces 2.0

Garage Description 2.0

Fence NewCondition, Privacy, Wood

Pool None

Community Features Curbs, StreetLights, Sidewalks

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected

Amenities Available Other

Waterfront Description OceanAccess,OceanSideOfFreeway,OceanSideOfHighway

View Y/N Yes

View Ocean

Roof Type Shingle

Accessibility SafeEmergencyEgressfromHome, NoStairs

Porch Concrete, Patio

Parking Type Concrete, GarageFacesFront, Garage, GarageDoorOpener

Attached Garage Yes

Total Parking Spaces 4

Private Pool No

Building

Lot Description Item01UnitAcre, FrontYard, Landscaped

Story 2

Entry Level Two

Foundation Slab

Sewer PublicSewer

Water Public

Architectural Style Contemporary, Modern

Level or Stories Two

New Construction No

Construction Status UpdatedRemodeled,Turnkey

Schools

Elementary Schools Whittier

Middle Schools Horace Ensign

High Schools Newport Harbor

School District Newport Mesa Unified

Others

HOA Name None

Senior Community No

Tax ID 42450402

Security Features CarbonMonoxideDetectors,SmokeDetectors

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Sean Jarne • First Team Estates
Bought with Martha Brown • California Lifestyle Realty

GUIDE SoCal

Broker | License ID: DRE#01976964

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