4204 River Avenue Newport Beach, CA 92663
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,202 sqft
Price per Sqft $1,717
MLS Listing ID OC-26229647
Style Bungalow
Bedrooms 6
Full Baths 4
Year Built 1955
Lot Size 4,443 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
The property is legally a duplex and configured as three living areas, with approximately 3,202 square feet of existing improvements, six bedrooms, and four bathrooms. While the property requires renovation, its versatile configuration creates several potential investment strategies. Renovate and explore its rental income potential, enjoy waterfront living while generating supplemental income, or pursue plans for a custom luxury waterfront residence. For developers, the existing set up may offer the advantage of generating rental income to help offset carrying costs while architectural plans, permits, and redevelopment approvals are pursued.
What truly sets this property apart is its waterfront setting. Dual water frontage, a private dock, and beautiful canal surroundings create a unique opportunity to embrace the Newport Beach boating lifestyle. Imagine stepping outside to enjoy your boat, kayak, or paddleboard, spending afternoons exploring the harbor, and returning home to the tranquility of life along the water. Just a short distance from the sandy beaches of the Balboa Peninsula, neighborhood parks, coastal restaurants, and shopping, the location offers an exceptional combination of recreation, convenience, and coastal charm.
For those with vision, the possibilities extend well beyond the existing structure. Whether your goal is to establish a waterfront income property, secure a personal coastal retreat with supplemental rental income, or design and build an extraordinary custom residence, here is a chance to invest in the location today and unlock its potential for tomorrow.
Opportunities combining waterfront land, a private boat dock, income potential, and redevelopment possibilities are increasingly difficult to find in Newport Beach. The true value is in the land, the waterfront setting, and the opportunity to create something exceptional. All uses, rental configurations, dock rights, and redevelopment possibilities are subject to independent verification and applicable approvals.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Interior Features In-Law Floorplan, Unfurnished, Tile Counters
Cooling None
Flooring Carpet
Fireplaces Type None
Laundry Inside
Exterior
Exterior Feature Boat Slip, Dock Private
Parking Features Direct Garage Access
Garage Spaces 3.0
Pool None
Community Features Biking, Dog Park, Park, Watersports
Utilities Available Sewer Connected, Water Connected, Other, Electricity Available, Natural Gas Connected
View Y/N Yes
View Canal, City Lights, Marina, Ocean, Water
Building
Lot Description Level, Level with Street
Sewer Public Sewer
Nearby Locations
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