Newport Beach, CA 92663,1809 W Bay Avenue
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Newport Beach, CA 92663,1809 W Bay Avenue
Newport Beach, CA 92663,1809 W Bay Avenue
Newport Beach, CA 92663,1809 W Bay Avenue
Newport Beach, CA 92663,1809 W Bay Avenue
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Listed by Annie Clougherty • Compass
$ 4,625,000
Est. payment /mo
Open Sun 1PM-4PM

1809 W Bay Avenue Newport Beach, CA 92663

5 Beds

4 Baths

3,078 SqFt


OPEN HOUSE

Sun Jan 19, 1:00pm - 4:00pm

UPDATED:

01/19/2025 12:57 PM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 3,078 sqft

Price per Sqft $1,502

MLS Listing ID CRNP24242518

Bedrooms 5

Full Baths 4

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1968

Lot Size 3,162 Sqft

Property 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

Location

State CA

County Orange

Interior

Heating Forced Air

Cooling Ceiling Fan(s), Other

Flooring Vinyl, Carpet

Fireplaces Type Family Room

Fireplace Yes

Appliance Dishwasher, Gas Range, Range

Laundry In Garage

Exterior

Garage Spaces 4.0

Pool None

View Bay, City Lights, Marina, Panoramic, Water, Other

Private Pool false

Building

Lot Description Other

Story 2

Foundation Slab

Water Public

Schools

School District Newport-Mesa Unified


Bay East AOR and Contra Costa AOR
agent

Taso Tsakos

Managing Partner, Global Real Estate Advisor | License ID: 01157444

+1(925) 785-5419

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1809 W Bay Avenue