Open House: Sat, Feb 8th 1:00 PM - 3:00 PM PST

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

Powered byLuxury Presence