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Listed by Annie Clougherty • Compass
$4,400,000
Est. payment /mo
3,162 Sqft Lot
Active
1809 W Bay AVE Newport Beach, CA 92663
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNP25015411
Originating Board California Regional MLS
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 i
Location
State CA
County Orange
Area N8 - West Newport - Lido
Rooms
Kitchen Dishwasher, Oven Range - Gas, Oven Range - Built-In
Interior
Heating Forced Air
Cooling Central Forced Air - Electric
Laundry In Garage
Exterior
Parking Features Garage
Garage Spaces 4.0
Pool 31, None
View Bay, Marina, Ocean, Panoramic, Water, City Lights
Roof Type Shingle
Building
Foundation Concrete Slab
Water District - Public
Others
Tax ID 04718112

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