1809 W Bay Avenue

Newport Beach, CA 92663

  • 5 Bed(s)
  • 4 Bath(s)
  • 3,078 Sqft
  • 3162
    Sqft(Lot)
$4,625,000

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.

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.

  • Property Type

    Residential

  • County

    Orange

  • Style

    Residential

  • AD ID

    47922686

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Property Details

  • Bedroom Information

    • Total Bedrooms : 5

    Bathroom Information

    • Total Baths: 4
    • Full Baths: 4

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Shingle
    • 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)
    • Property Appliances: Built-In Range,Dishwasher,Gas Range
    • Fireplace: Family Room
    • Flooring: Carpet,Vinyl

    Cooling Features

    • Ductless,Electric
    • Air Conditioning

    Heating Source

    • Forced Air
    • Has Heating

    Fireplace

    • Fireplace Features: Family Room
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1968
    • Construction: Stone,Wood Siding
    • Roof: Shingle

    Foundation

    • Slab

    Security Features

    • Carbon Monoxide Detector(s),Smoke Detector(s)

    Pool Features

    • None

    Laundry Features

    • In Garage

    Fencing

    • Stone

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0726
    • Lot Size Source: Appraiser
    • Lot Size Square Feet: 3162

  • Listing Price Information

    • Original List Price: 4,625,000
    • Listing Contract Date: 2024-12-02

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 04718112

  • Garage and Parking

    • Garage Description: Garage
    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: N8 - West Newport - Lido
    • Directions: Balboa Blvd to 18th and turn onto Bay Ave.
    • Source Property Type: Residential
    • Area: N8 - West Newport - Lido
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 57
    • Common Walls: No Common Walls
    • Property Condition: Updated/Remodeled
    • Structure Type: Duplex
    • Year Built Source: Assessor
    • Total Square Feet Living: 3078
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: Two
    • Building Total Stories: 2
    • Structure Type: Duplex
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BuyOwner last updated this listing 01/31/2025 @ 09:36

  • MLS: NP24242518
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is for sale, it has 3,078 sqft, 3,162 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Newport Beach , in zip code 92663, this Orange County Home are nearby neighborhoods.