4703 River, Newport Beach, CA 92663
- $5,900,000
- List Price
- $5,900,000
- Status
- ACTIVE
- MLS#
- OC26131277
- Year Built
- 2021
- Lot Size
- 4,792
- Acres
- 0.11
- Lot Location
- 2-5 Units/Acre, No Landscaping
- Days on Market
- 40
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Three Or More Levels
- Neighborhood
- West Newport Beach (Wsnb)
Property Description
This exceptional 4-unit income property represents a rare offering on the coveted Newport Beach Peninsula. The property consists of four distinct residences that all feel like true single family living spanning 10 bedrooms and 10 total bathrooms. With a combined 4,800 sf living space, the property is configured as two 3BR/3BA and two 2BR/2BA units with covered parking. Raised ceilings in the upstairs units provide a massive sense of depth giving the larger units a uniqueness that is hardly found in the traditional multifamily setting. Featuring luxury vinyl plank flooring, quartz countertops, Andersen windows and doors, and an all-stucco exterior designed for low-maintenance beach living and built with the highest of quality and care. Stroll to the beach, boardwalk, bay, surf spots, local cafés, restaurants, boutique shops, and everything the Newport Peninsula has to offer. Quick access to PCH keeps all of coastal Orange County within easy reach. A property of this size and of this quality is something that needs to be experienced in person to be appreciated! Please note:Property operates as four residences but is not legally permitted as a 4-unit building, originally permitted as two units in 2021.
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Additional Information
- Appliances
- Electric Range, Gas Range, Gas Water Heater, Range Hood, Water To Refrigerator, Water Heater
- Pool Description
- None
- Fireplace Description
- Dining Room, Gas, Kitchen, Living Room, Primary Bedroom
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Ocean
- Roof
- Asphalt
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Built-in Features, Balcony, Instant Hot Water
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $235,200
- Operating Expense
- 18040
Listing courtesy of Listing Agent: Jeff Cefalia (jeff@cefaliadevelopment.com) from Listing Office: Cefalia Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.