1809 W Bay Avenue
Newport Beach, CA 92663
3078 sqft | 5 beds | 4 baths | 0.07 acres | #NP24242518
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Description
A Rare Investment Opportunity on the Newport Peninsula
Offered fully furnished, 1809 W. Bay presents an unparalleled opportunity to own a lucrative investment property directly on one of the most beautiful bay beaches in Newport Beach, just a block from the crashing waves of the ocean. With breathtaking harbor views and practically bayfront, generous square footage, and a price per square foot that makes this property an incredible value, this is an opportunity you don’t want to miss!
Key Features:
Two Units, Flexible Layout:
Lower Unit: Approx. 1,100 sqft | 2-BD/2-BA
Upper Unit: Approx. 1,890 sqft | 3-BD/2-BA + a sunroom (currently configured as a bonus room).
The upper unit, with its vaulted ceilings and abundant natural light, is currently used as a combined owner’s unit but can easily be reconfigured into two separate units, thanks to three separate meters.
Recent Upgrades:
Renovated bathrooms, modernized kitchens, updated carpet and lighting, and fresh paint make this property turnkey and ready for immediate occupancy.
Exceptional Amenities:
A rare four-car garage provides ample parking, and two separate laundry facilities enhance convenience.
Rental & Investment Potential:
Current rent projections for the units in their existing condition are approximately $15,500/month.
Can be approved for condo conversion with city approval, offering the potential to sell units separately.
Comparable sales from 2020 and 2023 confirm the incredible value of this property, with no other offering on the market matching its combination of view, square footage, and price per square foot.
The seller is motivated and says, “Bring an offer!” Whether you’re a seasoned investor or seeking a stunning bayfront property, the income potential and lifestyle opportunities here are limitless.
Don’t wait—this is your chance to own a remarkable piece of Newport Beach with views that will leave you in awe, day and night.
Property Details
- InteriorBreakfastBar, Balcony, CeilingFans, HighCeilings, QuartzCounters, Bar, BedroomOnMainLevel, MainLevelPrimary, PrimarySuite, WalkInClosets
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, OverheadUtilities
- ViewBay, CityLights, Coastline, Harbor, Marina, Panoramic, Water
- SubdivisionWest Newport Beach (WSNB)
- School DistrictNewport Mesa Unified
- Sewer InformationPublicSewer
- Original List Price$4,625,000
- MLS #NP24242518
- MLS #NP24242518
- Property TypePurchase
- Cost4625000
- Acres0.0726
- Utility SourcePublic
- CountyOrange
- Property SubtypeDuplex
- Structure TypeDuplex
- Square Feet3078
- Year Built1968
- FoundationSlab
- Bedrooms5
- Bathrooms4
- Full Baths4
- Stories2
- Parking Spaces4
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Annie Clougherty (#U40107)
Listing Office: Compass (#NP60725)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
