5 Beds
4 Baths
3,078 SqFt
5 Beds
4 Baths
3,078 SqFt
OPEN HOUSE
Sun Apr 20, 12:00pm - 3:30pm
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 3,078 sqft
Price per Sqft $1,429
MLS Listing ID NP24242518
Style Townhome
Bedrooms 5
Full Baths 4
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1968
Lot Size 3,162 Sqft
Acres 0.0726
Property Sub-Type Townhome
Property Description
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 Beachjust 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 owners 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)unlocking additional upside potential. Incredible Value Backed by Sales Data: 1801 W. Bay sold for $4.2M in Sept 2023without the panoramic view this home offers and 1807 W. Bay sold for $3.9M in 2021. At todays 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.
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Interior
Interior Features Balcony, Bar
Cooling Electric
Flooring Carpet, Linoleum/Vinyl
Fireplaces Type FP in Family Room
Equipment Dishwasher, Gas Range
Appliance Dishwasher, Gas Range
Laundry Garage
Exterior
Exterior Feature Stone, Wood
Parking Features Garage
Garage Spaces 4.0
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
View Bay, Panoramic, Marina, Water, Coastline, Harbor, City Lights
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Construction Status Updated/Remodeled
Others
Acceptable Financing Cash To New Loan
Listing Terms Cash To New Loan
Virtual Tour https://www.dropbox.com/scl/fi/zqe3azce7qxmv1ql1u78g/W-Bay-listing-video.mp4?rlkey=p9dat0jyq8zvtf27vdexg92xr&st=3hj1xm45&dl=0
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1420 Kettner Blvd Suite 100, Diego, California, 92101, United States