3800 River Avenue

Newport Beach, CA 92663

$4,500,000
Last Sold Price
7
Beds
3
Baths
2,476 Sq. Ft.
$1,817 / Sq. Ft.
2,476
Sq. Ft.
$1,817
per Sq. Ft.

Description

Unlock the potential of a sterling opportunity with this rare-to-market corner lot duplex in Lido of Newport Beach. A lucrative investment, this property opens up a world of possibilities: you could occupy one unit while leasing the other or, for maximum return, rent both. The top unit features four bedrooms and two baths, while the second unit offers three bedrooms and one full bath. Commanding an enviable position on the bay, directly opposite Newport Island, this residence offers the epitome of...Unlock the potential of a sterling opportunity with this rare-to-market corner lot duplex in Lido of Newport Beach. A lucrative investment, this property opens up a world of possibilities: you could occupy one unit while leasing the other or, for maximum return, rent both. The top unit features four bedrooms and two baths, while the second unit offers three bedrooms and one full bath. Commanding an enviable position on the bay, directly opposite Newport Island, this residence offers the epitome of seaside living. Benefits include not only water views and a private dock, perfect for boating, paddle boarding or kayaking enthusiasts, but also ease of access to the entire array of Newport Harbor waterways and beyond. The property's rare corner lot location also ensures a flood of natural light into both units, amplifying their appeal. Privacy and space are further enhanced by the adjoining sandy beach, offering the sense of exclusivity and tranquility. Beyond the bay, the famed Balboa Peninsula awaits exploration. Discover a beach renowned for its superb surf, verdant parks, art galleries, upscale boutiques, fine dining, and vibrant nightlife. Additional features of the property include an attached two-car garage and a brick fireplace in the living room, infusing the home with a cozy, welcoming ambiance. With its superb proximity to the beach, just two blocks away, and easy access to Newport Pier, Lido Village, cafés, shopping, the legendary "Wedge" surf spot, and the Lido House Hotel. Short-term lodging is permissible, however, there is currently no active permit.
  1. Listed by Tim Smith • DRE #01346878 • Brokerage DRE #00616212 • Coldwell Banker Realty
  2. Listed by Jennifer Matsumoto • DRE #01802878 • Brokerage DRE #00616212 • Coldwell Banker Realty

Property Details for 3800 River Avenue

View
Bay, Water
Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
See Remarks
Living Area
2476

Location

Listing Courtesy of Coldwell Banker Realty, Tim Smith, DRE #01346878; Coldwell Banker Realty, Jennifer Matsumoto, DRE #01802878

Sold By JOANN DICKINSON HOMES, INC., JOANN DICKINSON, DRE #01386182

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LISTING UPDATED: 09/01/2023 09:37 AM

Property Details for 3800 River Avenue

StatusClosed
MLS #NP23081523
Days on Market70
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1971
Lot Size0.07 AC / 2,858 SF
CountyOrange County

Location

Listing Courtesy of Coldwell Banker Realty, Tim Smith, DRE #01346878; Coldwell Banker Realty, Jennifer Matsumoto, DRE #01802878

Sold By JOANN DICKINSON HOMES, INC., JOANN DICKINSON, DRE #01386182

Add your commute

Virtual Tour

Building Information for 3800 River Avenue

Stories2Residences-Year Built1971Building Size-Lot Size0.07 AC / 2,858 SF

Payment Calculator

$25,400 per month

30 year fixed, 7.25% Interest

Principal and Interest

$24,558

Property Taxes

$842

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3800 River Avenue

Income / Expense / Tax Details
Income Details
  • Financing: Cash to New Loan
Tax / Assessment Info
  • Tax Block: 238
  • Tax Tract Number: 164
  • Tax Census Tract: 635.00
  • CFD/Mello-Roos Fee: $513
  • Tax Lot: 1
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Interior Features: Built-in Features, Ceiling Fan(s), Recessed Lighting
  • Room Type: Kitchen, Living Room
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 7
  • Room Bathroom Features: Shower, Shower in Tub
  • Laundry: Yes
  • Laundry Features: In Garage
  • Laundry Location: Garage
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room
  • Cooling: None
  • Floor Coverings: Carpet
  • Flooring: Carpet
  • Virtual Tour URL Unbranded: https://vimeo.com/826587256
Exterior Features
  • Door Features: French Doors
  • Window Features: Blinds
  • Exterior Features: Dock Private
  • Entry Location: 1
  • Structure Type: Duplex
  • View Description: Bay, Water
  • Waterfront Features: Bay Front, Includes Dock, Ocean Side of Freeway, Ocean Side Of Highway 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Corner Lot
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage, Garage - 1 Car
  • Parking Garage Spaces: 2
  • Parking Garage: Garage, Garage - Single Door
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door
Property / Structure Info
  • Builders Tract Name: West Newport Beach
  • Builders Tract Code: West Newport Beach (WSNB)
  • Residential Styles: Townhome
  • Residential Unit Location: No Common Walls

Property History for 3800 River Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3800 River Avenue

Taxable ValueLand$776,246Additions$137,412Total$913,658
Tax Record2023$10,106 ($842 / month)
Home Facts
Total Finished SqFt1,095 SqFtAbove Grade Finished SqFt1,095 SqFtLot Size2,854 SqFtStyleMulti-Family Dwelling (2-4)Year Built1971CountyORANGEAPN423-304-07Fireplace TypeHas Fireplace

Schools near 3800 River Avenue

This home is within Newport-Mesa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Newport Elementary School
PublicK to 6

Horace Ensign Intermediate School
Public7 to 8

Newport Harbor High School
Public9 to 12

Monte Vista High School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty, Tim Smith, DRE #01346878; Coldwell Banker Realty, Jennifer Matsumoto, DRE #01802878

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.