1809 W Bay Avenue Open House

Newport Beach,CA 92663

$ 4400000

5 Beds

4 Baths

3078 SqFt


OPEN HOUSE

Sat Apr 26, 11:30am - 2:30pm 

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 3,078 sqft

Price per Sqft $1,429

MLS Listing ID NP24242518

Style Townhome

Bedrooms 5

Full Baths 4

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1968

Lot Size 3,162 Sqft

Acres 0.0726

Property Sub-Type Townhome

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 Beachjust 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 owners 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 2023without the panoramic view this home offers and 1807 W. Bay sold for $3.9M in 2021. At todays 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 prope
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 Beachjust 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 owners 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 2023without the panoramic view this home offers and 1807 W. Bay sold for $3.9M in 2021. At todays 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 Oc - Newport Beach (92663)

Interior

Interior Features Balcony,Bar

Cooling Electric

Flooring Carpet,Linoleum/Vinyl

Fireplaces Type FP in Family Room

Equipment Dishwasher,Gas Range

Appliance Dishwasher,Gas Range

Laundry Garage

Exterior

Exterior Feature Stone,Wood

Parking Features Garage

Garage Spaces 4.0

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected

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

Roof Type Shingle

Total Parking Spaces 4

Building

Lot Description Curbs,Sidewalks

Story 2

Lot Size Range 1-3999 SF

Sewer Public Sewer

Water Public

Level or Stories 2 Story

Construction Status Updated/Remodeled

Others

Acceptable Financing Cash To New Loan

Listing Terms Cash To New Loan

Virtual Tour https://www.dropbox.com/scl/fi/zqe3azce7qxmv1ql1u78g/W-Bay-listing-video.mp4?rlkey=p9dat0jyq8zvtf27vdexg92xr&st=3hj1xm45&dl=0

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