1809 W Bay Avenue
Newport Beach, CA, 92663
$4,625,000
5 Beds
4 Baths
3,078 SqFt
0.07 Acres
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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 &#38' 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.

Property Details

Price:
$4,625,000
MLS #:
NP24242518
Status:
Active
Beds:
5
Baths:
4
Address:
1809 W Bay Avenue
Type:
Single Family
Subtype:
Duplex
Subdivision:
West Newport Beach WSNB
Neighborhood:
n8westnewportlido
City:
Newport Beach
Listed Date:
Dec 2, 2024
State:
CA
Finished Sq Ft:
3,078
ZIP:
92663
Lot Size:
3,162 sqft / 0.07 acres (approx)
Year Built:
1968
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Schools

Interior

Appliances
Built- In Range, Dishwasher, Gas Range
Cooling
Ductless, Electric
Fireplace Features
Family Room
Flooring
Carpet, Vinyl
Heating
Forced Air
Interior Features
Balcony, Bar, Ceiling Fan(s), High Ceilings, Quartz Counters

Exterior

Community Features
Curbs, Sidewalks
Fencing
Stone
Foundation Details
Slab
Garage Spaces
4.00
Lot Features
Utilities – Overhead
Parking Features
Garage
Parking Spots
4.00
Pool Features
None
Roof
Shingle
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Bay, City Lights, Coastline, Harbor, Marina, Panoramic, Water
Water Source
Public

Financial

Association Fee
0.00
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected

Map

Community

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