A Rare Investment Opportunity on the Newport Peninsula
Offered fully furnished, 1809 W. Bay presents an unparalleled opportunity to own a lucrative investment property directly on one of the most beautiful bay beaches in Newport Beach, just a block from the crashing waves of the ocean. With breathtaking harbor views and practically bayfront, generous square footage, and a price per square foot that makes this property an incredible value, this is an opportunity you don’t want to miss!
Key Features:
Two Units, Flexible Layout:
Lower Unit: Approx. 1,100 sqft | 2-BD/2-BA
Upper Unit: Approx. 1,890 sqft | 3-BD/2-BA + a sunroom (currently configured as a bonus room).
The upper unit, with its vaulted ceilings and abundant natural light, is currently used as a combined owner’s unit but can easily be reconfigured into two separate units, thanks to three separate meters.
Recent Upgrades:
Renovated bathrooms, modernized kitchens, updated carpet and lighting, and fresh paint make this property turnkey and ready for immediate occupancy.
Exceptional Amenities:
A rare four-car garage provides ample parking, and two separate laundry facilities enhance convenience.
Rental & Investment Potential:
Current rent projections for the units in their existing condition are approximately $15,500/month.
Can be approved for condo conversion with city approval, offering the potential to sell units separately.
Comparable sales from 2020 and 2023 confirm the incredible value of this property, with no other offering on the market matching its combination of view, square footage, and price per square foot.
The seller is motivated and says, “Bring an offer!” Whether you’re a seasoned investor or seeking a stunning bayfront property, the income potential and lifestyle opportunities here are limitless.
Don’t wait—this is your chance to own a remarkable piece of Newport Beach with views that will leave you in awe, day and night.
Assessed Value is a combination of the land and additions.
2023
$43,299
(+1,639.06%)
$4,161,600
Land 4,033,700 +
Additions 127,900
2021
$2,490
(+2.72%)
$192,271
Land 114,404 +
Additions 77,867
2019
$2,424
(+1.87%)
$186,569
Land 111,010 +
Additions 75,559
2018
$2,380
(+1.7%)
$182,911
Land 108,833 +
Additions 74,078
2017
$2,340
$179,325
Land 106,699 +
Additions 72,626
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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