Newport Beach, CA 92663 1809 W Bay Avenue
$5,195,000
48 more
Presented By: Annie Clougherty with Compass; 949-375-3037
Beds • 2
Baths • 2
SQFT • 3,078
Garage • 4
Home Details
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.
Presented By: Annie Clougherty with Compass; 949-375-3037
Interior Features for 1809 W Bay Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesFamilyRoom
Fireplace Y/NYes
FlooringCarpet, Vinyl
Heating Y/NYes
Laundry FeaturesInGarage
Street SuffixAvenue
Total Stories2
Other Rooms
Entry Level1
General for 1809 W Bay Avenue
Additional Parcels Y/NNo
AppliancesBuiltInRange, Dishwasher, GasRange
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityNewport Beach
Community FeaturesCurbs, Sidewalks
Construction MaterialsStone, WoodSiding
CoolingDuctless, Electric
CountyOrange
Days on Market25
DirectionsBalboa Blvd to 18th and turn onto Bay Ave.
DisclosuresDeathOnProperty3yrs
Electric Expense0.0
Entry Location1
Expected Active Date 2024-04-22
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income0.0
HOA0.0
HOA / Comm AssnNo
HeatingForcedAir
Home Warranty Y/NNo
Insurance Expense0.0
Interior FeaturesBalcony, CeilingFans, HighCeilings, QuartzCounters, Bar, BedroomonMainLevel, MainLevelPrimary, PrimarySuite, WalkInClosets
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashtoNewLoan
Lot Size Square Feet3162.0
MLS AreaNP - Balboa Peninsula
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number of Units Leased0
Operating Expense0.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameBay
Subdivision NameBalboa Peninsula (Residential) (BALP)
Tax Lot14
Tenant PaysAllUtilities
Total Actual Rent0.0
Total Units3
Trash Expense0.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, OverheadUtilities
ViewBay, CityLights, Water
View Y/NYes
Virtual TourClick here
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1968
Year Built SourceAssessor
Exterior for 1809 W Bay Avenue
Building Area Total3078.0
Crops Included Y/NNo
FencingStone
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.0726
Lot Size Area3162.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGarage, GarageFacesRear
Road Surface TypePaved
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480