1809 W Bay Avenue
Newport Beach, CA 92663
3078 sqft | 5 beds | 4 baths | 0.07 acres | #NP24157791
Open Houses
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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.
Interior Details
- InteriorBalcony, CeilingFans, HighCeilings, QuartzCounters, Bar, BedroomonMainLevel, MainLevelPrimary, PrimarySuite, WalkInClosets
Beds & Baths
- Bedrooms5
- Bathrooms4
- Full Baths4
Property Details
- ViewBay, CityLights, Coastline, Harbor, Marina, Panoramic, Water
- Stories2
Measurements
- Acres0.0726
- Square Feet3078
Parking
- Parking Spaces4
Construction Details
- Property TypePurchase
Condition
- Year Built1968
Material information
- FoundationSlab
Utilities / Energy Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, OverheadUtilities
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionWest Newport Beach (WSNB)
Location
- School DistrictNewport Mesa Unified
- CountyOrange
Financial Details
- Original List Price$4,725,000
Other
- MLS #NP24157791
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Annie Clougherty (#U40107)
Listing Office: Compass (#NP60725)
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