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… Read More 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. Read Less
Listing Snapshot
Days Online
50
Last Updated
Property Type
Duplex
Beds
5
Full Baths
4
Square Ft.
3,078
Lot Size
0.07 Acres
Year Built
1968
MLS Number
NP24242518
30 Days Snapshot Of 92663
$3,423k
0%
(avg) sold price
0
-100%
homes sold
91
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
BuiltInRange, Dishwasher, GasRange
Building
Built in 1968, Levels: Two, Living area: 3078, 2 stories, Common walls: NoCommonWalls, Construction materials: Stone, WoodSiding
Community
Curbs, Sidewalks
Cooling
Ductless, Electric
Fence
Stone
Fireplaces
FamilyRoom
Floors
Carpet, Vinyl
Garage
4 spaces
Heating
ForcedAir
Interior Features
BreakfastBar, Balcony, CeilingFans, HighCeilings, QuartzCounters, Bar, BedroomOnMainLevel, MainLevelPrimary, PrimarySuite, WalkInClosets
Laundry
InGarage
Lot
0.0726 acres, 3,162 square feet, Size: 3,162
Parking
4 totals parking, Garage
Pool
None
Property
Bay, CityLights, Coastline, Harbor, Marina, Panoramic, Water, BeachAccess
Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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