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Listed by Annie Clougherty • Compass

$4,725,000

Est. payment - /mo

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5 BD

4 BA

3,078 SqFt

Active

1809 W Bay Avenue Newport Beach, CA 92663

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Daniel Ripper

[email protected] +1(415) 205-6312

UPDATED:

10/12/2024 10:06 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,078 sqft

Price per Sqft $1,535

MLS Listing ID CRNP24157791

Bedrooms 5

Full Baths 4

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1968

Lot Size 3,162 Sqft

Property Description

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

Location

State CA

County Orange

Interior

Heating Forced Air

Cooling Ceiling Fan(s), Other

Flooring Vinyl, Carpet

Fireplaces Type Family Room

Fireplace Yes

Appliance Dishwasher, Gas Range, Range

Laundry In Garage

Exterior

Garage Spaces 4.0

Pool None

View Bay, City Lights, Marina, Panoramic, Water, Other

Parking Type Attached, Other, Garage Faces Rear

Private Pool false

Building

Story 2

Foundation Slab

Water Public

Schools

School District Newport-Mesa Unified

© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Daniel Ripper

Broker Associate | License ID: 01382609

+1(415) 205-6312

Daniel Ripper

1809 W Bay Avenue Newport Beach, CA 92663

Daniel Ripper

Key Details

Location

Interior

Exterior

Building

Schools

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1809 W Bay Avenue