$4,725,000
For Sale

1809 W Bay Avenue

Newport Beach, CA 92663
0.07 acres | #NP24167542
Listing OfficeCompass
Browse 56 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

You will not find a better view in all of Newport Beach with this much square footage at this price!!!!!!!!!!!!!!!!!! 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. 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.

  • Interior Details
      • InteriorBalcony, CeilingFans, HighCeilings, QuartzCounters, Bar, BedroomOnMainLevel, MainLevelPrimary, PrimarySuite, WalkInClosets
  • Property Details
      • ViewBay, CityLights, Coastline, Harbor, Marina, Panoramic, Water
      • Stories2
    • Measurements
      • Acres0.0726
    • Parking
      • Parking Spaces4
  • Construction Details
      • Property TypeMulti-Family
    • 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
      • CountyOrange
  • Financial Details
      • Original List Price$4,725,000
  • Other
      • MLS #NP24167542

Location

Christopher PereaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00