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$4,725,000
5 Beds
4 Baths
3,078 SqFt
0.07 Acre Lot
3,162 Sqft Lot
Open House
Sat September 28th  1:00pm — 3:00pm
Status Active
Property Type Triplex
Price Type
Year Built 1968
Neighborhood West Newport Beach (wsnb)
Days on Website 56

Property Map

$4,725,000 – 1809 W Bay Avenue, Newport Beach, CA 92663

Street View

Property listed by Compass, Annie Clougherty {attribution_contact}

Description

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# NP24123545) 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. Rental income in current configuration is $15K/month approx.

Property Details and Features

Property Access

  • Road surface type: Paved

Appliances & Equipment

  • BuiltInRange
  • Dishwasher
  • GasRange

Bathrooms

  • 2 main level bathrooms
  • 4 full bathrooms
  • 4 total bathrooms

Bedrooms

  • 2 main level bedrooms
  • 5 total bedrooms

Building

  • Built in 1968
  • Levels: Two
  • Living area: 3078
  • 2 stories
  • Common walls: NoCommonWalls
  • Construction materials: Stone,WoodSiding

Community

  • Curbs
  • Sidewalks

Cooling

  • Ductless
  • Electric

Fence

  • Stone

Fireplaces

  • FamilyRoom

Floors

  • Carpet
  • Vinyl

Garage

  • 4 spaces

Heating

  • ForcedAir

Interior Features

  • Balcony
  • CeilingFans
  • HighCeilings
  • QuartzCounters
  • Bar
  • BedroomonMainLevel
  • MainLevelPrimary
  • PrimarySuite
  • WalkInClosets

Laundry

  • InGarage

Listing

  • ListingID: NP24157791
  • Standard status: Active
  • 54 days on market

Location

  • Country: US
  • Subdivision name: West Newport Beach (WSNB)

Lot

  • 0.0726 acres
  • 3,162 square feet
  • Size: 3,162

Parking

  • 4 totals parking
  • Garage
  • GarageFacesRear

Pool

  • None

Property

  • Bay
  • CityLights
  • Coastline
  • Harbor
  • Marina
  • Panoramic
  • Water

Roof

  • Shingle

Sewer

  • PublicSewer

Spa

  • None

Utilities

  • ElectricityConnected
  • NaturalGasConnected
  • SewerConnected
  • OverheadUtilities

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