1809 W Bay Avenue Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Single Family Home
Sub Type Duet
Listing Status Active
Purchase Type For Sale
Square Footage 3,078 sqft
Price per Sqft $1,502
MLS Listing ID CRNP24242518
Bedrooms 5
Full Baths 4
Year Built 1968
Lot Size 3,162 Sqft
Property Description
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
Location
State CA
County Orange
Interior
Heating Forced Air
Cooling Ceiling Fan(s),Other
Flooring Vinyl,Carpet
Fireplaces Type Family Room
Laundry In Garage
Exterior
Garage Spaces 4.0
Pool None
View Bay,City Lights,Marina,Panoramic,Water,Other
Building
Lot Description Other
Story 2
Foundation Slab
Water Public
Schools
School District Newport-Mesa Unified