3800 River Avenue
3800 River Avenue
$4,500,000
7
3
2,476
2,476
$1,817
Closed 9/1/23
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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.
- Listed by Tim Smith • DRE #01346878 • Brokerage DRE #00616212 • Coldwell Banker Realty
- Listed by Jennifer Matsumoto • DRE #01802878 • Brokerage DRE #00616212 • Coldwell Banker Realty
Property Details for 3800 River Avenue
View
Bay, Water
Parking Spaces Total2
Private PoolNo
Cooling TypeN/K
Total Units2.0
Building TypeDetached
Lot Size SourceSee Remarks
Living Area2476
Location
LISTING UPDATED: 09/01/2023 09:37 AM
Property Details for 3800 River Avenue
Status | Closed |
---|---|
MLS # | NP23081523 |
Days on Market | 70 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Townhouse |
MLS Type | Residential |
Year Built | 1971 |
Lot Size | 0.07 AC / 2,858 SF |
County | Orange County |
Location
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Building Information for 3800 River Avenue
Stories2Residences-Year Built1971Building Size-Lot Size0.07 AC / 2,858 SF
Payment Calculator
$25,400 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3800 River Avenue
Property History for 3800 River Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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