1809 W Bay AVE Newport Beach, CA 92663
5 Beds
4 Baths
3,078 SqFt
UPDATED:
01/06/2025 09:26 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,078 sqft
Price per Sqft $1,502
Subdivision West Newport Beach (Wsnb)
MLS Listing ID NP24242518
Bedrooms 5
Full Baths 4
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1968
Lot Size 3,162 Sqft
Property Description
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.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Main Level Bedrooms 2
Interior
Interior Features Breakfast Bar, Balcony, Ceiling Fan(s), High Ceilings, Quartz Counters, Bar, Bedroom on Main Level, Main Level Primary, Primary Suite, Walk-In Closet(s)
Heating Forced Air
Cooling Ductless, Electric
Flooring Carpet, Vinyl
Fireplaces Type Family Room
Inclusions all furnishings and washer/dryer/refrigerators
Fireplace Yes
Appliance Built-In Range, Dishwasher, Gas Range
Laundry In Garage
Exterior
Parking Features Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Stone
Pool None
Community Features Curbs, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Overhead Utilities
Waterfront Description Beach Access
View Y/N Yes
View Bay, City Lights, Coastline, Harbor, Marina, Panoramic, Water
Roof Type Shingle
Attached Garage Yes
Total Parking Spaces 4
Private Pool No
Building
Dwelling Type Duplex
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Schools
School District Newport Mesa Unified
Others
Senior Community No
Tax ID 04718112
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Trust
