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1809 W Bay Avenue, Newport Beach, CA 92663

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For Sale

$4,625,000

5 beds • 3 baths • 3,078 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $1,502.60
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# NP25015411

Courtesy Of Compass

(949) 438-4340

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Ceiling Fan
  • Appliances
    Dishwasher, Range, Range - Gas, Washer
  • Architecture Style
    Other
  • Exterior Type
    Stone, Wood Siding
  • Floor Covering
    Carpet, Vinyl
  • Heating System
    Forced Air
  • Rooms
    Kitchen, Living Room
  • View Type
    City, Harbor, Marina, Panorama, Water

Map and Directions

Directions to 1809 W Bay Avenue, Newport Beach, CA 92663

Home seller CENTURY 21 Affiliated

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Affiliated

(949) 551-7000
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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