1809 W Bay Avenue Newport Beach, CA $ 4,725,000
1809 W Bay Avenue
$ 4,725,000
Open House 9/28 1pm - 3pm
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1809 W Bay Avenue

Newport Beach, CA, 92663
$ 4,725,000
Bedrooms2 Baths2.0 Sq 3,078

Monthly Estimate*

$ 28,298

Listed by Compass
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View a Virtual Tour

Multi-Family Home for sale in Newport Beach, CA

for $4,725,000 with 2 bedrooms and 2 full baths. This 3,078 square foot home was built in 1968 on a lot size of 0.0726.

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.

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Open House

9/28/2024 1:00 PM - 3:00 PM
1809 W Bay Avenue Newport Beach, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 4,725,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.0726

Year Built

1968

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

NP24167542

Days on Market

42

Features
General
Interior Features Balcony CeilingFans HighCeilings QuartzCounters Bar BedroomonMainLevel MainLevelPrimary PrimarySuite WalkInClosets
Sewer PublicSewer
Heating ForcedAir
Cooling Ductless Electric
Utilities ElectricityConnected NaturalGasConnected SewerConnected OverheadUtilities
Roof Shingle
Appliances BuiltInRange Dishwasher GasRange
HOA 0.0
Garage Spaces 4.0
Pool Features None
Construction Materials Stone WoodSiding
Year Built 1968
Tenant Pays Electricity
View Bay CityLights Coastline Harbor Marina Panoramic Water
Stories 2
Levels Two
Property SubType Triplex
Gross Income 0.0
Community Features Curbs Sidewalks
County Orange
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
Home Owner Assoc N
Attached Garage N
Subdivision Name West Newport Beach (WSNB)
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Balboa Blvd to 18th and turn onto Bay Ave.
City Newport Beach
Disclosures DeathOnProperty3yrs
Entry Location 1
View Y/N Y
Senior Community Y/N N
NumberOfUnitsTotal 3
MLS Area N8 - West Newport - Lido
Lot Size Units SquareFeet
Lot Size Square Feet 3162.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Terms CashtoNewLoan
Spa Features None
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Property Condition UpdatedRemodeled
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.dropbox.com/scl/fi/zqe3azce7qxmv1ql1u78g/W-Bay-listing-video.mp4?rlkey=p9dat0jyq8zvtf27vdexg92xr&st=3hj1xm45&dl=0
Days on Market 40
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 14
Property Sub Type Additional Triplex
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Interior
Flooring Carpet Vinyl
Fireplace Features FamilyRoom
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Laundry Features InGarage
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing Stone
Parking Features Garage GarageFacesRear
Water Source Public
Total Parking 4.0
Inclusions washer/dryer/refrigerator
Lot Size Area 3162.0
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 3078.0
Lot Size Acres 0.0726
Road Surface Type Paved
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 3
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1809
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* Excluded Features
List By
Compass

Broker

(949) 438-4340

Phone

Affordability Calculator

$28,298
Per Month
100%
0%
0%
Monthly Principal & Interest
$28,298
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/15/2024$4,725,000 Listed Price

Map


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1809 W Bay Avenue, Newport Beach, CA, 92663 is a Multi-Family Home for sale at $4,725,000 with 3,078 sqft and a lot size of 0.0726. 1809 W Bay Avenue has 2 bedrooms, 2.0 baths, and was built in 1968. The property's zip code is 92663 which is in Newport Beach, CA