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1809 W Bay Avenue, Newport Beach, CA 92663

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For Sale

$5,295,000

4 beds • 4 baths • 3,078 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $1,720.27
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# NP24060094

Courtesy Of Compass

(949) 438-4340

Open Houses

April

26

Friday

In Person

Friday, April 26, 2024

11:00AM - 2:00PM

April

27

Saturday

In Person

Saturday, April 27, 2024

1:00PM - 4:00PM

April

28

Sunday

In Person

Sunday, April 28, 2024

12:00PM - 2:00PM

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Dishwasher, Range - Built In, Range - Gas
  • Architecture Style
    Other
  • Exterior Type
    Stone, Wood Siding
  • Floor Covering
    Carpet, Vinyl
  • Heating System
    Forced Air
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom, Full Bath, Kitchen, Living Room, Walk-In Closet
  • View Type
    City, Water

Map and Directions

Directions to 1809 W Bay Avenue, Newport Beach, CA 92663

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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