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5119 River Ave1 / 28 · Click to zoom

About this home

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 but has not been fully remodeled. The kitchen is open to the living and dining area making for a modern floorplan. There is a sliding door that opens to a small yard area 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. These units are currently been rented yearly on month to month leases, keep them that way for steady income or go for the big money with weekly rentals! Don't miss this opportunity!!!

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$2,050,000 · Apr 2019
📋 Assessed value$2,286,812
💵 Annual tax$24,525
🏫 School districtNewport-Mesa Unified School District

MLS #219144386DA

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$28,192
Principal & interest$22,754
Property tax$4,125
Home insurance$1,313
Down payment: $900,000Loan: $3,600,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.