5901 Seashore Drive, Newport Beach, California 92663, Newport Beach, 92663 - bed, bath
5901 Seashore Drive
Newport Beach, California 92663
Property Price
SUMMARY
Analysis of 5901 Seashore Drive, Newport Beach, California 92663 is currently available with a list price of $9,590,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Newport Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1965, the property is currently in a state of significant transition with incomplete kitchen and bathroom remodels in the upper unit, which requires substantial rehabilitation to be functional. While the lower unit is tenant-occupied, the overall condition is compromised by the unfinished construction and the listing's suggestion for total redevelopment into a single-family estate, placing it in the poor category relative to move-in ready standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Newport Elementary School (9/10).
- Premier Oceanfront Corner Location
Situated on one of only two corner lots in West Newport, this property offers rare privacy on a non-boardwalk beach with unobstructed panoramic views stretching from Newport Pier to Pt. Fermin.
- Exceptional Investment Versatility
The property provides multiple high-value strategies, including maintaining it as a high-income duplex, converting to Tenancy in Common (TIC) for individual unit sales, or redeveloping into a world-class single-family estate.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3185, other record living area = 1285.
- Incomplete Renovations
The upper unit features unfinished kitchen and bathroom remodels, requiring the buyer to commit immediate capital and oversight to complete the construction before achieving the $13,000/month proforma rent.
- Tenant Occupancy Constraints
The lower unit is currently tenant-occupied, which may present logistical challenges for buyers looking for immediate full-site redevelopment or total owner-occupancy.
About 5901 Seashore Drive
ONE OF ONLY 2 OF THE FINEST OCEAN FRONT CORNERS IN WEST NEWPORT, PROVIDES ALL DAY SUN FROM THE LARGEST LOT ON QUIET, UNCROWDED WHITE SAND NON-BOARDWALK BEACH, WITH SPECTACULAR PANORAMIC OCEAN/COASTLINE VIEWS FROM THE NEWPORT PIER TO PT. FERMIN IN FRONT WITH NO HOMES BEHIND. IMPROVED WITH 2 OCEAN FRONT MID-CENTURY NATURAL LIGHT FILLED CONTEMPORARY UNITS (CAN'T BE DUPLICATED). UPPER: 3 BEDROOMS, 1-3/4 BATHS, FAMILY ROOM, LARGE DECK, BREATHTAKING VIEWS; KITCHEN, BATH REMODELS NOT COMPLETED; PROFORMA $13,000/MO, LOWER: 3 BEDROOMS, 1-3/4 BATHS FRONT PATIO/YARD, OCEAN VIEWS.TENANT OCCUPIED, $6,675/MO., 3 CAR GARAGE (CAN'T BE DUPLICATED), AND 3/4 BEACH BATH. POTENTIAL: COMPLETE UPPER UNIT KITCHEN, BATH RENOVATIONS, ENJOY AS IS. RENOVATE FOR USE AS A DUPLEX OR A SINGLE-FAMILY RESIDENCE WITH ADU. CONVERT OWNERSHIP TO TENANT IN COMMON (TIC) WHICH CREATES SEPARATE UNDIVIDED PERCENTAGE OWNERSHIP INTEREST FOR UPPER AND LOWER UNIT THAT CAN BE INDIVIDUALLY BOUGHT AND SOLD. BUILD A WORLD-CLASS HOME PERFECTLY LOCATED "FRONT ROW" ON THE OCEAN TO ALL THE WONDERFUL EXPERIENCES NEWPORT BEACH HAS TO OFFER.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1965
- Lot Size
- 2,700 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Newport Beach Unified Schools
Newport Heights Elementary School
Grades K-6 • 2.0 mi
Newport Elementary School
Grades PK-6 • 2.1 mi
Horace Ensign Intermediate School
Grades 7-8 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 2.0 | 50% |
| Baths | - | 1.5 | 50% |
| Square foot | 3,185 | 2,464 | 83% |
| Lot Size | 2,700 | 2,700.5 | 50% |
| Price | $9.59M | $3.85M | 89% |
| Price per sq ft | $3.0K | $1.7K | 89% |
| Built year | 1965 | 1964 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 139 | 11% |
Pricing History
Listed for Sale
Jan 5, 2026
$9,590,000
Initial Listing