1 of 50
Tools
Size
5
Bedrooms
4
Full Baths
3,078 Sq Ft.
interior
0.07 Acres
Exterior
Financial
$4,725,000
Change Currency
$1,535
Price Per Sqft
Listing Details
Triplex
Property type
1968
Year Built
11203796
Web Id
NP24157791
MLS ID
63
Days Posted
Description
1809 W Bay Avenue,
Newport Beach,
CA
92663
Newport Beach, CA 92663
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.
This is an Active listing.
Broker Office Phone Number: 949-438-4340
Copyright © 2024California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 949-438-4340
Copyright © 2024California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Carpet
- Carpeted Floors
- Dishwasher
- Fenced
- Vinyl Flooring
- Washer / Dryer
- Garage
Price History
date | price | variance | type |
---|---|---|---|
8/1/2024 | $4,725,000 | - | Listed |
Listing By: Compass via Data Source: California Regional Multiple Listing Service, Inc
listing agent: Annie Clougherty