310-890-6928

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4802 Neptune Ave, Newport Beach, CA 92663

$4,050,000 Approx. USD 0 beds, 0 baths

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Photo of Jesse Hlubik

Marketed By Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007

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Listing Agent

Brendan Horgan | brendansean1111@gmail.com
Lic#: 01919910
Broker: Courtesy of MEEHAN ESTATES, INC.
Phone: 949-510-6162

Agent Remarks

**Investment Property Opportunity with Value-Added Potential** This property is currently appraised at $4,050,000 (MAI Appraisal). As a short-term rental, the estimated value increases to $4,555,000. Additionally, the large lot has the potential for constructing an Accessory Dwelling Unit (ADU) in the back, which could push the total value of the property to well over $6,000,000. You won’t find other properties on the Peninsula that offer this type of opportunity. This rare investment is just steps from the beach, located in one of Newport Beach’s most desirable coastal communities. It features a two-car garage and offers peak ocean views from the balcony. The property is conveniently situated just a quick drive from all that Orange County has to offer, including: - Pelican Hill Golf and Resort (10 minutes) - John Wayne Airport (10 minutes) - Angel Stadium & Honda Center (15 minutes) - Disneyland (20 minutes) - Knotts Berry Farm (20 minutes) - Laguna Beach (15 minutes) - Huntington Beach Pier (5 minutes) - Newport Harbor Fun Zone (3 minutes) - Fashion Island (5 minutes) - Segerstrom Hall & South Coast Plaza (15 minutes) Furthermore, this property presents an excellent opportunity for use as a primary residence. The upstairs can serve as a living space while the lower unit can be rented out as an income-producing property. Both units are currently rented on a month-to-month basis. Please contact the agent for showings.

Listing Details

Property type: Duplex (Multi-Family)

Status: Active

MLS# LG26212290

Price: $4,050,000

HOA Fee is $0.00

Beds: 0

Baths: 0

None fireplaces

Built in 1962

2 stories

0.08 acres

Lot size: 0.0771

Subdivision: Balboa Peninsula (Residential) (BALP)

County: Orange

Property style: Contemporary

Interior features: Balcony,Block Walls,Ceiling Fan(s),Granite Counters,Living Room Deck Attached,Open Floorplan,Recessed Lighting,Entrance Foyer

Appliances: Built-In Range,Dishwasher,Disposal

Parking description: Door-Single,Driveway,Garage Faces Front,Garage

Lot description: TwoToFiveUnitsAcre

Heating/cooling: Central Air

Heating description: Central

MLS area: NP - Balboa Peninsula

Last Updated: 9/30/2026

Days On Market (DOM): 8

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This listing belongs to the NP - Balboa Peninsula MLS area

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The style of this listing is Contemporary.
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Lat/Long: 33.621938, -117.940859.
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Source: CRM. Also Available in LG26176637,

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Previous Listing

Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423