1809 W Bay AVE Active

Newport Beach,CA 92663

$ 4400000

5 Beds

4 Baths

3078 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,078 sqft

Price per Sqft $1,429

Subdivision West Newport Beach (Wsnb)

MLS Listing ID NP24242518

Bedrooms 5

Full Baths 4

Year Built 1968

Lot Size 3,162 Sqft

Property Sub-Type Duplex

Property Description

Offered fully furnished, 1809 W. Bay presents an unparalleled opportunity to own a lucrative, turnkey investment property directly on one of the most beautiful bay beaches in Newport Beach—just a block from the ocean. With breathtaking 180-degree harbor views, generous square footage, and a price per square foot that makes this an incredible value, this is one of the most compelling opportunities on the market today.
Two Units, Flexible Layout
Lower Unit: Approx. 1,100 sqft | 2-BD/2-BA
Upper Unit: Approx. 1,890 sqft | 3-BD/2-BA + sunroom/bonus room; Currently configured as a spacious owner's unit with vaulted ceilings and abundant natural light, but can easily be reconfigured into two separate units thanks to three separate meters.
Recent Upgrades: Renovated bathrooms, modernized kitchens, updated carpet, lighting, and fresh paint. Move-in or rent-ready.
Rare 4-Car Garage + two laundry areas for added convenience.
Rental & Investment Potential:
Projected rental income: approx. $16,500/month
Eligible for condo conversion (with city approval)—unlocking additional upside potential.
Incredible Value Backed by Sales Data:
1801 W. Bay sold for $4.2M in Sept 2023—without the panoramic view this home offers and 1807 W. Bay sold for $3.9M in 2021.
At today's price, 1809 W. Bay is significantly under market value given the view, square footage, and investment upside
Back on the market after falling out of escrow due to buyer non-performance, the seller is motivated and says: bring all offers. Whether you're a seasoned investor or simply looking for an iconic bayfront lifestyle, this property checks every box.

Location

State CA

County Orange

Area N8 - West Newport - Lido

Interior

Heating Forced Air

Cooling Ductless,Electric

Flooring Carpet,Vinyl

Fireplaces Type Family Room

Inclusions all furnishings and washer/dryer/refrigerators

Laundry In Garage

Exterior

Parking Features Garage

Garage Spaces 4.0

Garage Description 4.0

Fence Stone

Pool None

Community Features Curbs,Sidewalks

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Overhead Utilities

Waterfront Description Beach Access

View Y/N Yes

View Bay,City Lights,Coastline,Harbor,Marina,Panoramic,Water

Roof Type Shingle

Building

Dwelling Type Duplex

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Newport Mesa Unified

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Trust

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