1809 W Bay Avenue
Newport Beach, CA 92663
0.07 acres | #NP25015411
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Description
Offered fully furnished, 1809 W. Bay presents an unparalleled opportunity to own a lucrative, turnkey investment property directly on one of the most beautiful bay beaches in Newport Beach—just a block from the ocean. With breathtaking 180-degree harbor views, generous square footage, and a price per square foot that makes this an incredible value, this is one of the most compelling opportunities on the market today.
Two Units, Flexible Layout
Lower Unit: Approx. 1,100 sqft | 2-BD/2-BA
Upper Unit: Approx. 1,890 sqft | 3-BD/2-BA + sunroom/bonus room; Currently configured as a spacious owner’s unit with vaulted ceilings and abundant natural light, but can easily be reconfigured into two separate units thanks to three separate meters.
Recent Upgrades: Renovated bathrooms, modernized kitchens, updated carpet, lighting, and fresh paint. Move-in or rent-ready.
Rare 4-Car Garage + two laundry areas for added convenience.
Rental & Investment Potential:
Projected rental income: approx. $16,500/month
Eligible for condo conversion (with city approval)—unlocking additional upside potential
Incredible Value Backed by Sales Data:
1801 W. Bay sold for $4.2M in Sept 2023—without the panoramic view this home offers and 1807 W. Bay sold for $3.9M in 2021.
At today’s price, 1809 W. Bay is significantly under market value given the view, square footage, and investment upside
Back on the market after falling out of escrow due to buyer non-performance, the seller is motivated and says: bring all offers. Whether you're a seasoned investor or simply looking for an iconic bayfront lifestyle, this property checks every box.
Property Details
- InteriorBalcony, CeilingFans, HighCeilings, QuartzCounters, Bar, BedroomOnMainLevel, MainLevelPrimary, PrimarySuite, WalkInClosets
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, OverheadUtilities
- ViewBay, CityLights, Coastline, Harbor, Marina, Panoramic, Water
- SubdivisionWest Newport Beach (WSNB)
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$4,625,000
- MLS #NP25015411
- MLS #NP25015411
- Cost4400000
- Acres0.0726
- Utility SourcePublic
- CountyOrange
- Property SubtypeDuplex
- Year Built1968
- FoundationSlab
- Stories2
- Parking Spaces4
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Annie Clougherty (#U40107)
Listing Office: Compass (#NP60725)
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