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1809 W Bay Avenue
Newport Beach CA 92663 US

$5,295,000

Active Listing ID NP24060094
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4 bed
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4.00 Bath (4 Full Bath)
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Lot: 3,162.00 Square Feet
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Triplex

$5,295,000

Active Listing ID NP24060094
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1809 W Bay Avenue 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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Property Features

  • Facts
  • Lot Size: 3,162.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Triplex
  • Features
  • Full Bathrooms: 4
  • Exterior Finish: Fence, Community Features Included: Curbs, Sidewalks, Utilities - Overhead
  • Floor Covering: Carpet, Vinyl
  • Roof Type: Shingle
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Triplex
  • listprice: 5295000
  • unparsedaddress: 1809 W Bay Avenue
  • postalcity: Newport Beach
  • stateorprovince: CA
  • country: US
  • postalcode: 92663
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0725895316804408
  • lotsizeunits: Square Feet
  • lotsizearea: 3162
  • livingarea: 3078
  • livingareaunits: Square Feet
  • latitude: 33.608345
  • longitude: -117.925278
  • listagentfullname: Annie Clougherty
  • listagentemail: annie.clougherty@compass.com
  • listagentkey: 3yd-MRMLSCA-U40107
  • listagentmlsid: U40107
  • listagentpreferredphone: 9493753037
  • listagentofficephone: 9494384340
  • listofficekey: 3yd-MRMLSCA-NP60725
  • listagentstatelicense: 01716801
  • listofficemlsid: NP60725
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1968
  • listingcontractdate: 2024-04-09
  • listagenturl: https://www.compass.com/
  • countyorparish: Orange
  • parcelnumber: 04718112
  • appliances: Dishwasher, Range, Range - Gas, Washer
  • constructionmaterials: Stone, Wood Siding
  • flooring: Carpet, Vinyl
  • heating: Forced Air
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 4
  • parkingfeatures: Garage
  • roof: Shingle
  • view: City, Water
  • waterfrontyn: False
  • interiorfeatures: Balcony, Bar, Ceiling Fan(s), High Ceilings, Quartz Counters
  • exteriorfeatures: Fence, Community Features Included: Curbs, Sidewalks, Utilities - Overhead
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Living Room
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -117.925278, 33.608345
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Listing Changed: 4/28/2024 7:36:30 PM GMT
Source Updated Date: 5/5/2024 6:43:15 AM GMT

Courtesy of: Annie Clougherty, Compass, annie.clougherty@compass.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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