$4,725,000
Beds: 5
Baths: 4
Sqft: 3,078
Sqft lot: 3,162
Acre lot: 0.07
45 Days On Market -

Courtesy of Compass.

Status: Active
Property Type: Attached
Year Built: 1968
Days On Website: 45
Zoned as a BAYFRONT TRIPLEX, but currently configured as a completely REMODELED 5-BD DUPLEX, this is a terrific opportunity to own a lucrative investment opportunity located directly on one of the most beautiful bay beaches of the Newport Peninsula & only one block from the crashing waves of the beach! Recently upgraded with renovated bathrooms, kitchens, carpet, lighting, and fresh paint, 1809 W Bay is turnkey and ready for immediate occupancy. The bright lower unit is approx 1,100sqft and offers 2-BD/2-BA. The spacious upper unit with vaulted ceilings and tons of natural light is approx 1,890sqft and offers 3-BD/2-BA + a sunroom (3rd bedroom currently configured as an open bonus room). The upper unit is being used as a combined owners unit but was previously separated as 2 units - this can be done again by adding a door as the property has 3 SEPARATE METERS and is zoned a TRIPLEX. A rare four car garage offers ample parking along with two separate laundry facilities. In addition, a duplex directly next door is also for sale (1811 W. Bay MLS ID# NP24123545) so there is an opportunity to purchase two bayfront properties side-by-side. 1809 W. Bay offers the potential for diverse income streams and the possibilities are limitless, making it an ideal investment not only for seasoned investors but also those seeking a bayfront Newport Beach property with mesmerizing harbor views both day and night. Rental income in current configuration is $15K/month approx.

Features

Bathrooms

  • 4 full bathrooms
  • 4 total bathrooms

Bedrooms

  • 5 bedrooms
  • 5 total bedrooms

Building

  • 3,078 estimated square feet
  • Built in 1968
  • 2 stories
  • 2 story

Cooling

  • Electric

Exterior Features

  • Stone
  • Wood

Floors

  • Carpet
  • Linoleum/Vinyl

Water Features

  • Public

Heating

  • Forced Air Unit

Laundry

  • Garage

Listing

  • Source: SDMLS
  • For Sale
  • 51 days on market
  • Listed on 2024-07-31

Location

  • County: Orange

Lot

  • Approximately 3,162 square feet
  • 1-3,999 SF
  • Approximately 0 acres

Garage

  • 4 garage parking spaces
  • Garage

Parking

  • 4 total parking spaces

Property

  • Bay
  • Panoramic
  • Marina
  • Water
  • Coastline
  • Harbor
  • City Lights

Roof

  • Shingle

Sewer

  • Public Sewer

Property Map

Map View


$4,725,000 - 1809 W Bay Avenue, Newport Beach, CA 92663

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1809 W Bay Avenue
Newport Beach, CA 92663
County: Orange

Nearby Schools

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Kurt Steffien

Franchise Owner/ Broker of Record