1809 W Bay Avenue Newport Beach, CA 92663
Multi-Family (2-4 Units)
MLS #: NP25015411
Courtesy Of Compass
$4,400,000
5 beds
|
3 baths
|
3,078 sq ft
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Estimated monthly payments:
$19,234/mo.* (recalculate)
Property InformationDescription
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.
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.
Features
- Age: Over 50 Years Old
- Amenities: Dock, Ceiling Fan
- Appliances: Dishwasher, Range, Range - Gas, Washer
- Architecture Style: Other
- Exterior Type: Stone, Wood Siding
- Floor Covering: Carpet, Vinyl
- Heating System: Forced Air
- Rooms: Kitchen, Living Room
- View Type: City, Harbor, Marina, Panorama, Water
Open Houses
Saturday, February 08, 2025, 1:00 PM - 3:00 PMSunday, February 09, 2025, 1:00 PM - 3:00 PM
VIDEOS AND TOURS
MAP & DIRECTIONS
School Information
1809 W Bay Avenue, Newport Beach, CA 92663
Elementary School
Grades KG-6 |
Public School
NEWPORT ELEMENTARY SCHOOL
Newport Beach, CA 92661
1327 W Balboa Blvd
949.515.6965
Distance: 0.4 mi
School Rating
A-
Student:Teacher Ratio
21:1
Total Students
308
Middle School
Grades 7-8 |
Public School
HORACE ENSIGN INTERMEDIATE SCHOOL
Newport Beach, CA 92663
2000 Cliff Dr
949.515.6910
Distance: 0.9 mi
School Rating
A-
Student:Teacher Ratio
23:1
Total Students
977
High School
Grades 9-12 |
Public School
NEWPORT HARBOR HIGH SCHOOL
Newport Beach, CA 92663
600 Irvine Ave
949.515.6300
Distance: 1.3 mi
School Rating
B+
Student:Teacher Ratio
28:1
Total Students
2266
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Newport Heights Elementary School | 1.4 mi | Public | KG-6 | B+ |
| Carden Hall | 1.7 mi | Private | PK-8 | |
| Harper | 1.9 mi | Public | KG | |
| Mariners Elementary School | 2.0 mi | Public | KG-6 | B+ |
| Whittier Elementary School | 2.4 mi | Public | KG-6 | C- |
| Woodland Child Devt Center | 2.6 mi | Private | PK-5 | |
| Woodland Elementary School | 2.6 mi | Public | KG-2 | |
| International School For Science And Culture | 2.8 mi | Public | KG-8 | |
| Pomona Elementary School | 2.9 mi | Public | KG-6 | C |
| Heinz Kaiser Elementary School | 2.9 mi | Public | 3-6 | A- |
| Everett A. Rea Elementary School | 2.9 mi | Public | KG-6 | B- |
| Page Academy | 3.0 mi | Private | PK-8 | |
| Victoria Elementary School | 3.1 mi | Public | KG-6 | C+ |
| Christ Lutheran School | 3.1 mi | Private | PK-8 | |
| Our Lady Queen Of Angels School | 3.2 mi | Private | KG-8 | |
| Harbor View Elementary School | 3.2 mi | Public | KG-6 | A |
| Corona Del Mar Middle And High School | 3.3 mi | Public | 7-12 | A |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Newport Beach, CA 92663
| Median Age: | 46.6 |
|---|---|
| Married: | 37% |
| Number of Households: | 9,436 |
| Households with Children: | 13.4% |
Newport Beach, CA 92663
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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