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4015 Marcus Avenue

Newport Beach, CA 92663

5 beds
4 baths
2,608 sqft
3,014 sqft lot
$1,861 per sqft
1950 build
– on site

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Welcome to 4015 Marcus Avenue, a rare and captivating property located in the heart of Newport Island in Newport Beach. This unique opportunity offers not only a remodeled and updated residence but also the potential to design and build your dream modern custom home on this prime piece of real estate. With sunset-facing views and a private dock, you can enjoy the luxury of keeping your own Duffy or larger boat right at your waterfront doorstep. Imagine cruising along the tranquil waters, soaking in stunning sunsets, or indulging in the beauty of Newport Harbor. The existing home is beautifully remodeled, offering 5 bedrooms, 4 bathrooms, and 2 kitchens across two separate units. Whether you choose to live in the entire house, rent out one unit while residing in the other, or lease both for income-generating potential, the flexibility is unparalleled. This property is a perfect blend of lifestyle and investment, providing an opportunity to enjoy a waterfront lifestyle while generating a steady income stream. For those with an eye toward the future, this lot offers the perfect canvas to design and build a modern custom home enhancing the property’s value and making it truly one-of-a-kind. The serene waters of Newport Harbor are ideal for paddle boarding and other water activities, and the thriving Newport Beach community provides a coastal lifestyle like no other. With nearby access to Peninsula beaches, Lido Marina Village, upscale shopping, and premier dining at Fashion Island, you’ll experience the best of both worlds—a peaceful retreat with easy access to all Newport has to offer.

Listed By CRMLS_CA / Andy Stavros / DOUGLAS ELLIMAN OF CALIFORNIA, INC. / 949-290-0139

Last checked: Checking… • Last updated Feb 20, 2025 •

MLS# LG24202674 —

The Building

Year Built:

1950
Year Built Source:

Public Records
New Construction:

No
Construction Materials:

Adobe
Total Number Of Units:

2
Roof:

Composition
Structure Type:

Duplex
Stories Total:

2
Entry Level:

1
Patio And Porch Features:

Patio Open
Patio:

1
Accessibility Features:

None
Common Walls:

No Common Walls

Interior

Levels:

Two
Entry Location:

1
Eating Area:

In Kitchen
Flooring:

Laminate, Tile
Room Type:

Kitchen, Laundry, Living Room
Living Area Units:

Square Feet
Living Area Source:

Public Records
Fireplace:

No
Fireplace:

None
Laundry:

Inside
Laundry:

1

Room Dimensions

Living Area:

2608.00

Location

Directions:

W Balboa Blvd to 38th St to Marcus Ave
Latitude:

33.61997900
Longitude:

-117.93526000

The Property

Property Type:

Residential
Subtype:

Duplex
Lot Features:

Level with Street
Lot Size Area:

3014.0000
Lot Size Acres:

0.0692
Lot Size SqFt:

3014.00
Lot Size Source:

Assessor
View:

1
View:

Bay
Fencing:

Partial
Fence:

Yes
Road Surface Type:

Alley Paved
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

635.00
Tax Tract:

164
Tax Lot:

7

Beds

Total Bedrooms:

5
Main Level Bedrooms:

2

Baths

Total Baths:

4
Bathroom Features:

Shower
Full & Three Quarter Baths:

3
Main Level Baths:

1
Full Baths:

3
Half Baths:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

42305303

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Electricity Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Disposal, Gas Cooktop, Refrigerator
Included:

Yes

Schools

High School District:

Newport Mesa Unified

The Community

Neighborhood:

Newport Island
Features:

Sidewalks
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No
Assessments:

None

Parking

Parking Spaces:

2.00
Attached Garage:

Yes
Garage Spaces:

2.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/18/25 Feb 18, 2025	Sold	CRMLS_CA	$4,855,000	-2.8%
12/18/24 Dec 18, 2024	Pending	CRMLS_CA	$4,995,000
11/14/24 Nov 14, 2024	Sold Subject To Contingencies	CRMLS_CA	$4,995,000

Multifamily Sold on 2/18/2025

$4,855,000

Listing provided by broker:

Andy Stavros

DOUGLAS ELLIMAN OF CALIFORNIA, INC.

949-290-0139

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Listing Courtesy of: CRMLS_CA and DOUGLAS ELLIMAN OF CALIFORNIA, INC.. Based on information from California Regional Multiple Listing Service, Inc. as of 10:54 on Mar 04.

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.

4015 Marcus Avenue

Newport Beach, CA 92663