Homes for sale - 1809 West Bay Avenue, Newport Beach, CA 92663

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Marissa Buss & Danny Lampert

marissabussre@gmail.com +1(818) 515-7131

Listed by Annie Clougherty • Compass

$ 4,400,000

Est. payment | -/mo

5 Beds

4 Baths

3,078 SqFt

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$ 4,400,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

4 Baths

3,078 SqFt

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

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Marissa Buss & Danny Lampert

Lic# 01770909 | 01834114

marissabussre@gmail.com

+1(818) 515-7131

2555 Townsgate Rd STE 200, Village, CA, 91361

1809 West Bay Avenue Newport Beach, CA 92663

Marissa Buss & Danny Lampert

Key Details

Location

Interior

Exterior

Building

Others

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1809 West Bay Avenue