1809 W Bay Avenue Newport Beach, CA $ 5,195,000
1809 W Bay Avenue
$ 5,195,000
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1809 W Bay Avenue

Newport Beach, CA, 92663
$ 5,195,000
Bedrooms2 Baths2.0 Sq 3,078

Monthly Estimate*

$ 34,528

Listed by Compass
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Multi-Family Home for sale in Newport Beach, CA

for $5,195,000 with 2 bedrooms and 2 full baths. This 3,078 square foot home was built in 1968 on a lot size of 0.0726.

Introducing an unparalleled investment opportunity: an exceptional triplex located in Newport Beach's coveted Balboa Peninsula which has never been on the market, directly opposite the idyllic Mothers Beach. Boasting unobstructed bay views and a unique absence of front-facing neighbors, this property epitomizes prime Newport Beach real estate. Each unit offers the potential for diverse income streams. Live in one unit while leasing out the other two, or capitalize on rental income from all three. The possibilities are limitless, making it an ideal investment for both seasoned investors and those seeking a lucrative Newport Beach property. A buyer can also investigate the possibility of converting to condos. The current owner was using the upstairs unit as one property, so it is currently set up as a duplex, but can easily be turned back into a triplex adding a door. Recently upgraded with renovated bathrooms, kitchens, carpet, lighting, and fresh paint, enhancing both aesthetic appeal and functionality. With views down the harbor and no neighbors in front to ever block your view, this is truly a once in a lifetime opportunity. Current floor plan is in the supplements for review.

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Multi-Family Active

Price

$ 5,195,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.0726

Year Built

1968

Town/City

Newport Beach

County/Region

Orange

MLS | Web ID

NP24060094

Days on Market

45

Features
General
Interior Features Balcony CeilingFans HighCeilings QuartzCounters Bar BedroomonMainLevel MainLevelPrimary PrimarySuite WalkInClosets
Sewer PublicSewer
Heating ForcedAir
Cooling Ductless Electric
Utilities ElectricityConnected NaturalGasConnected SewerConnected OverheadUtilities
Roof Shingle
Appliances BuiltInRange Dishwasher GasRange
HOA 0.0
Garage Spaces 4.0
Pool Features None
Construction Materials Stone WoodSiding
Year Built 1968
Tenant Pays AllUtilities
View Bay CityLights Water
Stories 2
Levels Two
Property SubType Triplex
Gross Income 0.0
Community Features Curbs Sidewalks
County Orange
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Balboa Peninsula (Residential) (BALP)
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Balboa Blvd to 18th and turn onto Bay Ave.
City Newport Beach
Disclosures DeathOnProperty3yrs
Entry Location 1
View Y/N Y
Senior Community Y/N N
Total Units 3
MLS Area NP - Balboa Peninsula
Lot Size Square Feet 3162.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 0
Street Name Bay
Listing Terms CashtoNewLoan
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Property Condition UpdatedRemodeled
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.dropbox.com/scl/fi/zqe3azce7qxmv1ql1u78g/W-Bay-listing-video.mp4?rlkey=p9dat0jyq8zvtf27vdexg92xr&st=3hj1xm45&dl=0
Days on Market 25
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 14
Total Actual Rent 0.0
Property Sub Type Additional Triplex
Expected Active Date 2024-04-22
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Interior
Flooring Carpet Vinyl
Fireplace Features FamilyRoom
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Street Suffix Avenue
Laundry Features InGarage
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing Stone
Parking Features Garage GarageFacesRear
Water Source Public
Total Parking 4.0
Lot Size Area 3162.0
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 3078.0
Lot Size Acres 0.0726
Road Surface Type Paved
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 3
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1809
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* Excluded Features
List By
Compass

Broker

(949) 438-4340

Phone

Affordability Calculator

$34,528
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,528
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2024$5,195,000 -1.89% Price Down
4/22/2024$5,295,000 Listed Price

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1809 W Bay Avenue, Newport Beach, CA, 92663 is a Multi-Family Home for sale at $5,195,000 with 3,078 sqft and a lot size of 0.0726. 1809 W Bay Avenue has 2 bedrooms, 2.0 baths, and was built in 1968. The property's zip code is 92663 which is in Newport Beach, CA