4704 Seashore Drive, Newport Beach, California 92663, Newport Beach, 92663 - 6 bed, 3 bath

4704 Seashore Drive, Newport Beach, California 92663 home-pic-0
ACTIVE$5,500,000
4704 Seashore Drive, Newport Beach, California 92663
6Beds
3Baths
2,890Sqft
3,049Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Newport Elementary School (9/10).
Top Cons:
Age of Property & Potential for Updates: Built in 1963, the property may have original systems and finishes that require significant investment to modernize and meet current luxury standards, impacting immediate move-in readiness or rental appeal.

Compared to the nearby listings

Price:$5.50M vs avg $3.20M (+$2,300,000)88%
Size:2,890 sqft vs avg 2,440 sqft80%
Price/sqft:$1.9K vs avg $1.5K80%

More Insights

Built in 1963 (62 years old).
Condition: Despite being built in 1963, this duplex has undergone significant and recent renovations, making it move-in ready. The upper unit features a modern kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances, along with a contemporary bathroom with subway tile and a dual vanity. The lower unit also presents updated kitchens and bathrooms, though with a slightly different, perhaps earlier, modern aesthetic (e.g., darker cabinets, granite countertops, and a different tile style). Updated flooring (laminate and tile) is present throughout. While the age of the property suggests potential for older underlying systems, the visible components are well-maintained and updated, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
Year Built
1963
Close
-
List price
$5.5M
Original List price
$5.5M
Price/Sqft
$1,903
HOA
-
Days on market
-
Sold On
-
MLS number
OC25179736
Home ConditionGood
Features
Good View: Coastline, Water
Deck
Patio
ViewCoastline, Water

About this home

Prime Investment Opportunity Just Steps from the Sand in Newport Beach. Welcome to your perfect beachside getaway or investment gem! Ideally located in the heart of Newport Beach, this coastal duplex is just a few steps from the sand and offers a peek-a-boo view of the ocean. With a rare short-term rental permit, this property presents a unique opportunity for flexible living or income generation. The lower unit features 2 spacious bedrooms, 1 full bathroom, a fully equipped kitchen, and a private patio—ideal for relaxed coastal living. The upper unit boasts 4 bedrooms, 2 bathrooms, a full kitchen, formal dining area, and two expansive patios for enjoying ocean breezes and sunset views. Additional features include: 2-car garage plus 1 covered parking space Coin-operated laundry room (separate from the units) Ideal for multi-generational living, vacation rental income, or a primary residence with guest accommodations. Whether you're looking for a personal beach retreat, a lucrative investment, or a mix of both, this versatile property delivers on all fronts.

Nearby schools

8/10
Newport Heights Elementary School
Public,K-61.5mi
9/10
Newport Elementary School
Public,PK-61.6mi
7/10
Horace Ensign Intermediate School
Public,7-81.4mi
7/10
Newport Harbor High School
Public,9-121.6mi
Condition Rating
Good

Despite being built in 1963, this duplex has undergone significant and recent renovations, making it move-in ready. The upper unit features a modern kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances, along with a contemporary bathroom with subway tile and a dual vanity. The lower unit also presents updated kitchens and bathrooms, though with a slightly different, perhaps earlier, modern aesthetic (e.g., darker cabinets, granite countertops, and a different tile style). Updated flooring (laminate and tile) is present throughout. While the age of the property suggests potential for older underlying systems, the visible components are well-maintained and updated, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Great Schools: Elementary School: Newport Elementary School (9/10).
Prime Coastal Location: The property is ideally located just steps from the sand in the heart of Newport Beach, offering unparalleled access to the beach and coastal lifestyle.
Exceptional Income Potential: A rare short-term rental permit provides a unique opportunity for significant income generation through vacation rentals, enhancing its investment appeal.
Versatile Duplex Configuration: The property features two distinct units (2-bed/1-bath and 4-bed/2-bath), making it ideal for multi-generational living, owner-occupancy with rental income, or full investment.
Ocean Proximity & Views: Offers a 'peek-a-boo view of the ocean' and expansive patios for enjoying ocean breezes and sunset views, adding to its desirability.
Ample Parking: Includes a 2-car garage plus 1 covered parking space, a significant advantage in a high-demand beach community where parking is often scarce.

Cons

Age of Property & Potential for Updates: Built in 1963, the property may have original systems and finishes that require significant investment to modernize and meet current luxury standards, impacting immediate move-in readiness or rental appeal.
Limited Ocean View: The description specifies a 'peek-a-boo view of the ocean,' indicating a partial or obstructed view rather than a full, expansive oceanfront vista, which could be a consideration for buyers at this price point.
Small Lot Size: With a lot size of 3049 sqft, outdoor space may be limited, potentially restricting expansion possibilities or desired amenities for a duplex in a high-demand area.

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