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3912 River Ave, Newport Beach, CA 92663
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3912 River Ave Newport Beach, CA 92663

$5,495,000
  • 5 Beds
  • 6 Baths
  • 2,906 Sq.Ft.
For Sale
$5,495,000 Get Pre-Qualified
Map preview of 3912 River Ave, Newport Beach, CA 92663

Property Overview: 3912 River Ave Newport Beach, CA has 5 bedrooms, 6 bathrooms, 2,906 living square feet and 2,884 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Situated on one of Newport Beach’s most coveted corner bayfront lots, 3912 River is a contemporary duplex along the canal with a stunning private dock and boat slip. This timeless property offers an abundance of natural light via an array of skylights and large pane windows. Each unit offers bedrooms with en-suite bathrooms, a balcony off the primary suite, and an open kitchen with quartz countertops and stainless-steel appliances. The waterfront unit offers 3 bedrooms, 4 bathrooms and a living area complete with wood floors and a fireplace that leads to the gorgeous large patio/dock area. The second (street-side) unit hosts 2 bedrooms, 2 bathrooms, a fireplace in the living area, balconies, and both water and ocean views. This beautifully maintained property features the corner lot privacy of only one neighbor, two separate garages, and separate HVAC, utilities, and entrances for each unit. This waterfront opportunity is perfect for an owner-user or investor located 2 blocks from the beach and is in close proximity to the Newport Pier, Lido Village, 38th St Park, and Newport Beach’s finest dining and shopping.

Listed by Timothy Carr | BRE #01017277 | Pacific Sotheby's Int'l Realty
Co-listed by Dominic Tucci | BRE #01506188 | Pacific Sotheby's Int'l Realty
Last checked: 12 minutes ago | Last updated: April 14th, 2024 | Source CRMLS | DOM: 34
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Home details

Lot Sq. Ft
2,884
HOA Dues
$0/mo
Year built
1937
Garage
3 Car
Property Type:
Duplex
Status
Active
MLS#
NP24049189
City
Newport Beach
County
Orange
Time on Site
37 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 4
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $7,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,400
  • Total Rent: $5,400
  • Pro Forma/Market Rent: $6,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $57,698
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $1,000

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Property Details for 3912 River Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room, Gas
Room Information
  • Flooring: Carpet, Laminate
  • Entry, Kitchen, Living Room, Primary Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Cooktop, Microwave
Interior Features
  • Balcony, Ceiling Fan(s), Recessed Lighting, Track Lighting
  • Levels: Three Or More
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Dock Private
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Corner Lot, Patio Home
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, Ocean, Peek-A-Boo, Water
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 42330301
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: West Newport Beach (WSNB)
  • Directions: Balboa Blvd to 40th Street
Neighborhood Information
  • Community Features: Curbs, Fishing, Park, Sidewalks, Street Lights
View more facts & features

Local Newport Beach Agent

Sale History for 3912 River Ave

Last leased for $5,500 on April 3rd, 2023

  • March, 2024

  • Mar 13, 2024

    Date

    Active

    CRMLS: NP24049189

    $5,495,000

    Price

  • April, 2023

  • Apr 3, 2023

    Date

    Leased

    CRMLS: OC23019653

    $5,500

    Price

  • Feb 5, 2023

    Date

    Active

    CRMLS: OC23019653

    $5,500

    Price

  • Listing provided courtesy of CRMLS

    Conveniently located 2 blocks to the beach, close to Newport Pier, Lido Village, fine dinning, cafes, shopping, the wedge and Lido House Hotel. Remodeled from top to bottom within past 5 years. This unique canal-front duplex features an abundance of windows, skylights and decks showcasing water or ocean views from most rooms. The superior corner location boasts no property on one side, enhancing privacy. The unit available for rent offers a master suite with two private balconies and water views. The unit includes 2 bedrooms, 2 bathrooms, remodeled kitchen with quartz countertops, new stainless steel appliances, great room with fireplace and balcony with ocean views. Washer/dryer in the unit and a private 2 car, tandem garage. Separate utilities. Private entrance.

  • February, 2019

  • Feb 15, 2019

    Date

    Leased

    CRMLS: OC18298121

    $4,000

    Price

  • Jan 6, 2019

    Date

    Active

    CRMLS: OC18298121

    $4,000

    Price

  • Listing provided courtesy of CRMLS

    Conveniently located 2 blocks to the beach, close to Newport Pier, Lido Village, fine dinning, cafes, shopping, the wedge and Lido House Hotel. Just remodeled from top to bottom. This unique canal-front duplex features an abundance of windows, skylights and decks showcasing water or ocean views from most rooms. The superior corner location boasts no property on one side, enhancing privacy. The unit available for rent offers a master suite with two private balconies and water views. The unit includes 2 bedrooms, 2 bathrooms, remodeled kitchen with quartz countertops, new stainless steel appliances, great room with fireplace and balcony with ocean views. Washer/dryer in the unit and a private 2 car, tandem garage. Separate utilities. Private entrance.

  • December, 2018

  • Dec 24, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,995,000

    Price

  • August, 1994

  • Aug 12, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3912 River Ave

Assessed Value (2020): $2,981,612
Year Land Value Improved Value Assessed Value
2020 $2,683,451 $298,161 $2,981,612

Home Value Compared to the Market

This property vs the competition

3912 River Ave is listed 25.03% higher than the median list price for the city of Newport Beach which has a median list price of $4,395,000. The median price per/sqft for Newport Beach is $1,501 and this home is listed at $1890.92 per/sqft which puts the price per square foot 25.98% higher than the median price per square foot for the city of Newport Beach.

About 3912 River Ave

Detailed summary of property

3912 River Ave is a duplex located in Newport Beach, CA 92663 and is currently for sale. This duplex offers 5 bedrooms, 6 bathrooms, roughly 2,906 living square feet, and sits on an approximately 2,884 square foot lot. 3912 River Ave was first listed on ArdentRealEstateGroup.com on March 13, 2024. The homeowner is currently asking $5,495,000. The median priced home in Newport Beach is $4,395,000 with a median price per square foot of $1,501. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 25.03% higher than the median priced home. Local competing homes currently for sale include 166 Fairview St, 166 Fairview St and 9602 Alwood Ave. While the average home in Newport Beach, CA is selling in 76 days, 3912 River Ave has a days on market of 34 days. There are currently 259 homes for sale in the Newport Beach real estate market and 190 of them are single family homes while 54 of them are condos and 15 are townhomes. For more information on this home for sale at 3912 River Ave Newport Beach, CA 92663 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 3912 River Ave

Public county record property details
Beds
--
Baths
--
Year built
1937
Sq. Ft.
1,325
Lot Size
2,882
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
7
APN
423-303-01

The source for these homes facts are from public records.

92663 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,399,000
Median List Price/Sq.Ft.
$1,546
Median Sold Price
$1,730,000
Median Sold Price/Sq.Ft.
$979
Total Inventory
85
Median Sale to List Price %
100.87%
Avg Days on Market
34
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (30.77%), Other (46.15%)

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Recently Sold Homes Near 3912 River Ave

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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