Courtesy of: Annie Clougherty, Compass, annie.clougherty@compass.com
Courtesy of: Annie Clougherty, Compass, annie.clougherty@compass.com
$4,400,000
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5 bed
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4.00 Bath (4 Full)
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Lot: 3,162.00 Square Feet
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Duplex
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$4,400,000
1809 W Bay Avenue Offered fully furnished, 1809 W. Bay presents an unparalleled opportunity to own a lucrative, turnkey investment property directly on one of the most beautiful bay beaches in Newport Beach鈥攋ust a block from the ocean. With breathtaking 180-degree harbor views, generous square footage, and a price per square foot that makes this an incredible value, this is one of the most compelling opportunities on the market today. Two Units, Flexible Layout Lower Unit: Approx. 1, 100 sqft | 2-BD/2-BA Upper Unit: Approx. 1, 890 sqft | 3-BD/2-BA + sunroom/bonus room; Currently configured as a spacious owner鈥檚 unit with vaulted ceilings and abundant natural light, but can easily be reconfigured into two separate units thanks to three separate meters. Recent Upgrades: Renovated bathrooms, modernized kitchens, updated carpet, lighting, and fresh paint. Move-in or rent-ready. Rare 4-Car Garage + two laundry areas for added convenience. Rental & Investment Potential: Projected rental income: approx. $16, 500/month Eligible for condo conversion (with city approval)鈥攗nlocking additional upside potential Incredible Value Backed by Sales Data: 1801 W. Bay sold for $4.2M in Sept 2023鈥攚ithout the panoramic view this home offers and 1807 W. Bay sold for $3.9M in 2021. At today鈥檚 price, 1809 W. Bay is significantly under market value given the view, square footage, and investment upside Back on the market after falling out of escrow due to buyer non-performance, the seller is motivated and says: bring all offers. Whether you're a seasoned investor or simply looking for an iconic bayfront lifestyle, this property checks every box.
Courtesy of: Annie Clougherty, Compass, annie.clougherty@compass.com
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