1809 W Bay Avenue Newport Beach, CA 92663
OPEN HOUSE
Fri Oct 25, 2:00pm - 5:00pm
UPDATED:
10/22/2024 12:31 PM
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 3,078 sqft
Price per Sqft $1,535
MLS Listing ID NP24157791
Style All Other Attached
Bedrooms 5
Full Baths 4
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1968
Lot Size 3,162 Sqft
Acres 0.0726
Property 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. Rental income in current configuration is $15K/month approx.
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Interior
Interior Features Balcony, Bar
Cooling Electric
Flooring Carpet, Linoleum/Vinyl
Fireplaces Type FP in Family Room
Equipment Dishwasher, Gas Range
Appliance Dishwasher, Gas Range
Laundry Garage
Exterior
Exterior Feature Stone, Wood
Garage Garage
Garage Spaces 4.0
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
View Bay, Panoramic, Marina, Water, Coastline, Harbor, City Lights
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Construction Status Updated/Remodeled
Others
Acceptable Financing Cash To New Loan
Listing Terms Cash To New Loan
Special Listing Condition Standard
GET MORE INFORMATION
