$4,725,000
For Sale

1809 W Bay Avenue

Newport Beach, CA 92663
0.07 acres | #NP24167542
Listing OfficeCompass
Browse 56 photos

Open Houses

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Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Zoned as a BAYFRONT TRIPLEX, but currently configured as a completely REMODELED 5-BD DUPLEX, this is a terrific opportunity to own a lucrative investment opportunity located directly on one of the most beautiful bay beaches of the Newport Peninsula & only one block from the crashing waves of the beach! Recently upgraded with renovated bathrooms, kitchens, carpet, lighting, and fresh paint, 1809 W Bay is turnkey and ready for immediate occupancy. The bright lower unit is approx 1,100sqft and offers 2-BD/2-BA. The spacious upper unit with vaulted ceilings and tons of natural light is approx 1,890sqft and offers 3-BD/2-BA + a sunroom (3rd bedroom currently configured as an open bonus room). The upper unit is being used as a combined owners unit but was previously separated as 2 units - this can be done again by adding a door as the property has 3 SEPARATE METERS and is zoned a TRIPLEX. A rare four car garage offers ample parking along with two separate laundry facilities. In addition, a duplex directly next door is also for sale (1811 W. Bay MLS ID# NP24123545) so there is an opportunity to purchase two bayfront properties side-by-side. 1809 W. Bay offers the potential for diverse income streams and the possibilities are limitless, making it an ideal investment not only for seasoned investors but also those seeking a bayfront Newport Beach property with mesmerizing harbor views both day and night.

  • Interior Details
      • InteriorBalcony, CeilingFans, HighCeilings, QuartzCounters, Bar, BedroomOnMainLevel, MainLevelPrimary, PrimarySuite, WalkInClosets
  • Property Details
      • ViewBay, CityLights, Coastline, Harbor, Marina, Panoramic, Water
      • Stories2
    • Measurements
      • Acres0.0726
    • Parking
      • Parking Spaces4
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1968
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, OverheadUtilities
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionWest Newport Beach (WSNB)
    • Location
      • CountyOrange
  • Financial Details
      • Original List Price$4,725,000
  • Other
      • MLS #NP24167542

Location

Annette CapranicaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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