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54
Photos
1809 W Bay Avenue, Newport Beach, CA 92663
$4,725,000 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
4
baths
3,078
sqft
Built in
1968
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
Features & Amenities
Interior
- Appliances:
- Dishwasher, Gas Range, Range
- Laundry:
- In Garage
- Flooring:
- Vinyl, Carpet
- A/C:
- true, Ceiling Fan(s), Other
- Heating:
- true, Forced Air
- Fireplace:
- Family Room, Fireplace
Exterior
- General:
- Other
- Pool:
- None
- Parking:
- Attached, Other, Garage Faces Rear
Construction
- General:
- Stone, Wood Siding, 2, Slab
Location
- HOA Amenities:
- 0.0
- School District:
- Newport-Mesa Unified
- County:
- Orange
Lot
- Zoning:
- 04718112
- View:
- Bay, City Lights, Marina, Panoramic, Water, Other
Utilities
- Utilities:
- Sewer Connected, Natural Gas Connected
- Water:
- Public
- Sewer:
- Public Sewer
This listing courtesy of:
Compass, Annie Clougherty
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Newport Beach, CA
Housing
- Number of Units
- 32,933
- Median Home Value
- $1,108,062
- Median Rent
- $2,050
52.55% of housing units are renter occupied.
15.14% are vacant.
Commute
- Car
-
52.33%
- Public Transportation
-
0.19%
- Walk to Work
-
1.03%
- Work from Home
-
45.11%
- Other
-
0.65%
The median travel time to work is 15 minutes.
People
- Population
- 61,724
- Median Age
- 46.20
- Median Household Size
- 2.43
Education
- High School
-
7.46%
- Associate’s Degree
-
6.48%
- Bachelor’s Degree
-
40.94%
- Graduate Degree
-
26.28%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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