1809 W Bay Avenue, Newport Beach, CA 92663
  • $4,725,000
  • $1,535

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.

  • Address: 1809 W Bay Avenue
  • City: Newport Beach
  • State/county: CA
  • Zip/Postal Code: 92663
  • Area: N8 - West Newport - Lido
  • Country: United States

Details

Updated on September 10, 2024 at 12:04 am
  • Property ID SGR-33771244
  • Price $4,725,000
  • Land Area 3162.00 m²
  • Garages 4.00
  • Year Built 1968
  • Property Type Residential Income
  • Property Status For Sale
  • Living Area 3078.00
  • MLS# NP24167542
  • Office Name COMPASS
  • Agent Name Annie Clougherty
  • MLS Status Active
  • Living Area Prefix Sqft
  • Agent State License 01716801
  • IDX Contact Info annie.clougherty@compass.com

Additional details

  • Roof Shingle
  • View Bay,City Lights,Coastline,Harbor,Marina,Panoramic,Water
  • Sewer Public Sewer
  • Cooling Ductless,Electric
  • Heating Forced Air
  • Flooring Carpet,Vinyl
  • County Orange
  • Property SubType Triplex
  • Parking 4.00
  • Water Source Public

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Sankofa Global Realty
  • Sankofa Global Realty

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