Active
1809 W Bay Avenue
Newport Beach CA, 92663
$5,295,000
$1,720.27 per sqft
Active
3,078 sqft
Multi-family
Built in 1968
Listed by Annie Clougherty with Compass 949-438-4340
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.
NP24060094
MLSⓇ ID
March 25, 2024
Listed
May 2, 2024
Updated
Map
1809 W Bay Avenue
Newport Beach CA, 92663
Interior Features
Total Stories
2
Interior Features
Balcony, Ceiling Fan(s), High Ceilings, Quartz Counters, Bar, Bedroom on Main Level, Main Level Primary, Primary Suite, Walk-In Closet(s)
Appliances
Built-In Range, Dishwasher, Gas Range
Laundry Description
In Garage
Floor Description
Carpet, Vinyl
Fireplace
Yes
Fireplace Description
Family Room
Cooling
Yes
Cooling Description
Ductless, Electric
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.07 Acres
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
NP - Balboa Peninsula
Days on Market
10
Garage
Yes
Garage Spaces
4
Parking
Garage, Garage Faces Rear
Parking Total
4
View
Yes
View Description
Bay, City Lights, Water
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Buyer Agency Compensation
2.5%
Open House Schedule
Sat, May 4th
11:00 AM - 3:00 PM PDT
Listing Contact: 949-438-4340
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/2/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 5/2/2024 at 7:13 PM UTC