$4,995,000
Active
12 Days Online
0 Beds0 Baths3,078 SQFT
Active

1809 W Bay Avenue Newport Beach, CA 92663

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Introducing an unparalleled investment opportunity: an exceptional duplex 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, or capitalize on rental income from all. 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.

  • Property TypeMulti-Family
  • NeighborhoodBalboa Peninsula (Residential) (Balp)
  • CountyOrange
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site12 Days
  • MLS StatusActive
  • MLS ID NumberNP24060094
  • Home Size Source N/A
  • Year Built1968
  • Lot Size0.0726 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction StoneWood Siding
  • Parking GarageGarage Faces Rear
  • Parking Spaces 4
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0.0726
  • Water Public
  • Property Sub Type Duplex
  • Garage Spaces 4
  • Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected
  • Foundation Slab
  • Listing Conditions Standard
  • Property Condition Updated/ Remodeled

Interior Features

  • Cooling DuctlessElectric
  • Heating Forced Air
  • Appliances Built- In RangeDishwasherGas Range
  • Flooring CarpetVinyl
  • Interior BalconyBarCeiling Fan(s)High CeilingsQuartz Counters
  • Fireplace Features Family Room
  • Laundry Features In Garage
  • Fireplace Yes

Exterior Features

  • Roof Shingle
  • View BayCity LightsWater
  • Fencing Stone
  • Spa No
  • Pool Features None
  • Spa Features None
  • Lot Utilities - Overhead

Community Features

  • Association Dues 0
  • Community Features CurbsSidewalks
  • Senior Community No
  • MLS Area NP - Balboa Peninsula

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Monthly Payment (Est.)

$26,559
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