Active

1809 West Bay Avenue

Newport Beach CA, 92663

$4,995,000


$1,622.81 per sqft

Active

4 Beds

4 Baths

3,078 sqft

Multi-family

Built in 1968

Listed by Annie Clougherty with Compass 949-438-4340

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# NP24123359) 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. Easy to show!

NP24097486

MLS ID

May 15, 2024

Listed

July 18, 2024

Updated

Map

1809 West Bay Avenue
Newport Beach CA, 92663

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

4


Interior Features

Balcony, High Ceilings, Quartz Counters, Recessed Lighting, Bar, Bedroom on Main Level, Main Level Primary, Primary Suite, Walk-In Closet(s)


Appliances

Built-In Range, Dishwasher, Gas Range, Microwave, Refrigerator


Laundry Description

In Garage


Floor Description

Carpet, Vinyl


Fireplace

Yes


Fireplace Description

Family Room, Living Room


Cooling

Yes


Cooling Description

Ductless, Electric


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.07 Acres


Roof

Shingle


Sewer

Public Sewer

School Information

School District

Newport Mesa Unified

Other Property Details

Area Name

N8 - West Newport - Lido


Days on Market

64


Garage

Yes


Garage Spaces

4


Parking

Garage, Garage Faces Rear


Parking Total

4


View

Yes


View Description

Bay, City Lights, Panoramic, Water


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Waterfront

Yes

Listing History

Date

Event

Price

6/5/2024

Price Change

$4,995,000

-4%

Listing Contact: 949-438-4340 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 7/18/2024 at 11:18 PM UTC

 

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