1809 W Bay Avenue
Newport Beach, CA 92663
Active for $4,625,000
Beds: 5 Baths: 4 Structure Size: 3,078 sqft Lot Size: 3,162 sqft
| MLS | NP24242518 |
| Year Built | 1968 |
| Property Type | Duplex |
| County | Orange |
| Status | Active |
| Active | $4,625,000 |
| Structure Size | 3,078 sqft |
| Lot Size | 3,162 sqft |
| Beds | 5 |
| Baths | 4 |
Description
A Rare Investment Opportunity on the Newport Peninsula Offered fully furnished, 1809 W. Bay presents an unparalleled opportunity to own a lucrative investment property directly on one of the most beautiful bay beaches in Newport Beach, just a block from the crashing waves of the ocean. With breathtaking harbor views and practically bayfront, generous square footage, and a price per square foot that makes this property an incredible value, this is an opportunity you don’t want to miss! Key Features: Two Units, Flexible Layout: Lower Unit: Approx. 1,100 sqft | 2-BD/2-BA Upper Unit: Approx. 1,890 sqft | 3-BD/2-BA + a sunroom (currently configured as a bonus room). The upper unit, with its vaulted ceilings and abundant natural light, is currently used as a combined owner’s unit but can easily be reconfigured into two separate units, thanks to three separate meters. Recent Upgrades: Renovated bathrooms, modernized kitchens, updated carpet and lighting, and fresh paint make this property turnkey and ready for immediate occupancy. Exceptional Amenities: A rare four-car garage provides ample parking, and two separate laundry facilities enhance convenience. Rental & Investment Potential: Current rent projections for the units in their existing condition are approximately $15,500/month. Can be approved for condo conversion with city approval, offering the potential to sell units separately. Comparable sales from 2020 and 2023 confirm the incredible value of this property, with no other offering on the market matching its combination of view, square footage, and price per square foot. The seller is motivated and says, “Bring an offer!” Whether you’re a seasoned investor or seeking a stunning bayfront property, the income potential and lifestyle opportunities here are limitless. Don’t wait—this is your chance to own a remarkable piece of Newport Beach with views that will leave you in awe, day and night.
Listing information courtesy of: Annie Clougherty, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of 01/10/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
Location
Contact a Local Realtor®
KaTrina Simmons
REALTOR®
Direct: 404.846.4300
Email: Email Me
DRE: 01931644
DRE #01873088
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