1809 Bay Avenue, Newport Beach, CA 92663
  • MLS#: NP24242518 ( Duplex )
  • Street Address: 1809 Bay Avenue
  • Viewed: 6
  • Price: $4,625,000
  • Price sqft: $1,503
  • Waterfront: No
  • Year Built: 1968
  • Bldg sqft: 3078
  • Bedrooms: 5
  • Total Baths: 4
  • Full Baths: 4
  • Garage / Parking Spaces: 4
  • Days On Market: 47
  • Additional Information
  • County: ORANGE
  • City: Newport Beach
  • Zipcode: 92663
  • Subdivision: West Newport Beach (wsnb)
  • District: Newport Mesa Unified
  • Provided by: Compass
  • Contact: Annie Annie
  • California Regional MLS IDX
  • DMCA Notice
  • 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 dont 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 owners 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 youre a seasoned investor or seeking a stunning bayfront property, the income potential and lifestyle opportunities here are limitless. Dont waitthis is your chance to own a remarkable piece of Newport Beach with views that will leave you in awe, day and night.
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Features
Appliances
  1. Built-In Range
  2. Dishwasher
  3. Gas Range
Assessments
  1. None
Association Fee
  1. 0.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Construction Materials
  1. Stone
  2. Wood Siding
Cooling
  1. Ductless
  2. Electric
Country
  1. US
Days On Market
  1. 157
Eating Area
  1. Area
  2. Breakfast Counter / Bar
Fencing
  1. Stone
Fireplace Features
  1. Family Room
Flooring
  1. Carpet
  2. Vinyl
Foundation Details
  1. Slab
Garage Spaces
  1. 4.00
Heating
  1. Forced Air
Inclusions
  1. all furnishings and washer/dryer/refrigerators
Interior Features
  1. Balcony
  2. Bar
  3. Ceiling Fan(s)
  4. High Ceilings
  5. Quartz Counters
Laundry Features
  1. In Garage
Levels
  1. Two
Living Area Source
  1. Other
Lockboxtype
  1. None
Lot Features
  1. Utilities - Overhead
Parcel Number
  1. 04718112
Parking Features
  1. Garage
Pool Features
  1. None
Property Type
  1. Duplex
Property Condition
  1. Updated/Remodeled
Roof
  1. Shingle
School District
  1. Newport Mesa Unified
Security Features
  1. Carbon Monoxide Detector(s)
  2. Smoke Detector(s)
Sewer
  1. Public Sewer
Spa Features
  1. None
Subdivision Name Other
  1. West Newport Beach (WSNB)
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Sewer Connected
View
  1. Bay
  2. City Lights
  3. Coastline
  4. Harbor
  5. Marina
  6. Panoramic
  7. Water
Virtual Tour Url
  1. https://www.dropbox.com/scl/fi/zqe3azce7qxmv1ql1u78g/W-Bay-listing-video.mp4?rlkey=p9dat0jyq8zvtf27vdexg92xr&st=3hj1xm45&dl=0
Waterfront Features
  1. Beach Access
Water Source
  1. Public
Year Built
  1. 1968
Year Built Source
  1. Assessor