Active
1809 W Bay AVE
NEWPORT BEACH CA, 92663
$4,400,000
$1,429.50 per sqft
Active
5 Beds
3 Baths
3,078 sqft
Multi-family
Built in 1968
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.
NP25015411MR
MLSⓇ ID
January 21, 2025
Listed
February 4, 2025
Updated
Map
1809 W Bay AVE
NEWPORT BEACH CA, 92663
Interior Features
Total Stories
2
Bedrooms
5
Total Bathrooms
3
Appliances
Dishwasher, Garage
Laundry Description
Garage
Fireplace
Yes
Fireplace Description
Family Room
Cooling
Yes
Cooling Description
Ductless, Electric
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.07 Acres
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
West Newport - Lido
Days on Market
12
Garage
Yes
Garage Spaces
4
Parking
Garage
Parking Total
4
View
Yes
View Description
Bay, City Lights, Coastline, Harbor, Marina, Panoramic, Water
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
---|---|---|
2/4/2025 | Price change | $4,400,000 -5% |
Open House Schedule
Sat, Feb 8th
1:00 PM - 3:00 PM PST
Sun, Feb 9th
1:00 PM - 3:00 PM PST
Listed by Annie Clougherty with Compass
Listing Contact: 949-375-3037
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor The Niche shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 2/4/2025