1809 West Bay Avenue Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,078 sqft
Price per Sqft $1,429
Subdivision West Newport Beach
MLS Listing ID NP-24242518
Bedrooms 5
Full Baths 4
Year Built 1968
Lot Size 3,162 Sqft
Property Sub-Type Duplex
Property Description
Offered fully furnished, 1809 W. Bay presents an unparalleled opportunity to own a lucrative, turnkey investment property directly on one of the most beautiful bay beaches in Newport Beach--just a block from the ocean. With breathtaking 180-degree harbor views, generous square footage, and a price per square foot that makes this an incredible value, this is one of the most compelling opportunities on the market today. Two Units, Flexible Layout Lower Unit: Approx. 1,100 sqft | 2-BD/2-BA Upper Unit: Approx. 1,890 sqft | 3-BD/2-BA + sunroom/bonus room; Currently configured as a spacious owner's unit with vaulted ceilings and abundant natural light, but can easily be reconfigured into two separate units thanks to three separate meters. Recent Upgrades: Renovated bathrooms, modernized kitchens, updated carpet, lighting, and fresh paint. Move-in or rent-ready. Rare 4-Car Garage + two laundry areas for added convenience. Rental & Investment Potential: Projected rental income: approx. $16,500/month Eligible for condo conversion (with city approval)--unlocking additional upside potential. Incredible Value Backed by Sales Data: 1801 W. Bay sold for $4.2M in Sept 2023--without the panoramic view this home offers and 1807 W. Bay sold for $3.9M in 2021. At today's price, 1809 W. Bay is significantly under market value given the view, square footage, and investment upside Back on the market after falling out of escrow due to buyer non-performance, the seller is motivated and says: bring all offers. Whether you're a seasoned investor or simply looking for an iconic bayfront lifestyle, this property checks every box.
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Interior Features Balcony,Bar,Ceiling Fan(s),High Ceilings,Kitchen Open to Family Room
Heating Forced Air
Cooling Ductless,Electric
Flooring Vinyl,Carpet
Fireplaces Type Family Room
Inclusions all furnishings and washer/dryer/refrigerators
Laundry In Garage
Exterior
Garage Spaces 4.0
Pool None
Community Features Curbs,Sidewalks
Utilities Available Sewer Connected,Electricity Connected,Natural Gas Connected
View Y/N Yes
View Bay,City Lights,Coastline,Harbor,Marina,Panoramic,Water
Building
Lot Description Utilities - Overhead
Sewer Public Sewer
Others
Virtual Tour https://www.dropbox.com/scl/fi/zqe3azce7qxmv1ql1u78g/W-Bay-listing-video.mp4?rlkey=p9dat0jyq8zvtf27vdexg92xr&st=3hj1xm45&dl=0