1809 W Bay Ave, Newport Beach, CA 92663
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1809 W Bay Ave Newport Beach, CA 92663

$5,295,000
  • 4 Beds
  • 4 Baths
  • 3,078 Sq.Ft.
For Sale
$5,295,000 Get Pre-Qualified

Map preview of 1809 W Bay Ave, Newport Beach, CA 92663

Property Overview: 1809 W Bay Ave Newport Beach, CA has 4 bedrooms, 4 bathrooms, 3,078 living square feet and 3,162 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Annie Clougherty | BRE #01716801 | Compass
Last checked: 9 minutes ago | Last updated: May 2nd, 2024 | Source CRMLS | DOM: 10
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Home details

Lot Sq. Ft
3,162
HOA Dues
$0/mo
Year built
1968
Garage
4 Car
Property Type:
Triplex
Status
Active
MLS#
NP24060094
City
Newport Beach
County
Orange
Time on Site
22 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 3
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 1809 W Bay Ave

Saturday, May 4th: 11:00am-3:00pm
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Property Details for 1809 W Bay Ave

Interior Features
Cooling Information
  • Has Cooling
  • Ductless, Electric
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Flooring: Carpet, Vinyl
  • Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Built-In Range, Dishwasher, Gas Range
Interior Features
  • Balcony, Bar, Ceiling Fan(s), High Ceilings, Quartz Counters
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Stone
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear
Lot Information
  • Lot Features: Utilities - Overhead
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, City Lights, Water
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 04718112
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Balboa Blvd to 18th and turn onto Bay Ave.
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 1809 W Bay Ave

Last sold on October 1st, 2008
  • April, 2024

  • Apr 9, 2024

    Date

    Active

    CRMLS: NP24060094

    $5,295,000

    Price

  • October, 2008

  • Oct 1, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1809 W Bay Ave

Assessed Value (2020): $181,388
Year Land Value Improved Value Assessed Value
2020 $108,833 $72,555 $181,388

Home Value Compared to the Market

This property vs the competition

1809 W Bay Ave is listed 23.17% higher than the median list price for the city of Newport Beach which has a median list price of $4,298,800. The median price per/sqft for Newport Beach is $1,506 and this home is listed at $1720.27 per/sqft which puts the price per square foot 14.23% higher than the median price per square foot for the city of Newport Beach.

About 1809 W Bay Ave

Detailed summary of property

1809 W Bay Ave is a triplex located in Newport Beach, CA 92663 and is currently for sale. This triplex offers 4 bedrooms, 4 bathrooms, roughly 3,078 living square feet, and sits on an approximately 3,162 square foot lot. 1809 W Bay Ave was first listed on ArdentRealEstateGroup.com on April 9, 2024. The homeowner is currently asking $5,295,000. The median priced home in Newport Beach is $4,298,800 with a median price per square foot of $1,506. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 23.17% higher than the median priced home. Local competing homes currently for sale include 124 Turquoise Ave, 1012 & 1018 Mission Dr and 7851 Glencoe Dr. While the average home in Newport Beach, CA is selling in 74 days, 1809 W Bay Ave has a days on market of 10 days. There are currently 269 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 55 of them are condos and 13 are townhomes. For more information on this home for sale at 1809 W Bay Ave Newport Beach, CA 92663 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1809 W Bay Ave

Public county record property details
Beds
--
Baths
--
Year built
1968
Sq. Ft.
1,491
Lot Size
3,162
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
14,1
APN
047-181-12

The source for these homes facts are from public records.

92663 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,299,000
Median List Price/Sq.Ft.
$1,509
Median Sold Price
$3,700,000
Median Sold Price/Sq.Ft.
$1,494
Total Inventory
86
Median Sale to List Price %
105.87%
Avg Days on Market
21
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (47.06%), Other (35.29%)

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Related Resources to 1809 W Bay Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.