$5,295,000 - 1809 Bay Avenue, Newport Beach

  • 4Beds
  • 4Baths
  • 0SQ. Feet
  • 0.07Acres

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.

Sales Agent

Sam SmithLaguna Beach Realtors ®Phone: 949-355-1622Cell: 949-355-1622Contact Agent Now

Essential Information

  • MLS® #:NP24060094
  • Price:$5,295,000
  • Bedrooms:4
  • Bathrooms:4.00
  • Acres:0.07
  • Year Built:1968
  • Type:Residential Income
  • Sub-Type:Triplex
  • Status:Active
  • Listing Agent:Annie Clougherty
  • Listing Office:Compass

Community Information

  • Address:1809 Bay Avenue
  • Area:NP - Balboa Peninsula
  • Subdivision:Balboa Peninsula (Residential) (BALP)
  • City:Newport Beach
  • County:Orange
  • Zip Code:92663

Amenities

  • Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Overhead Utilities
  • Parking Spaces:4
  • Parking:Garage, Garage Faces Rear
  • # of Garages:4
  • Garages:Garage, Garage Faces Rear
  • View:City Lights, Water, Bay
  • Pool:None

Interior

  • Interior:Carpet, Vinyl
  • Interior Features:Balcony, Ceiling Fan(s), High Ceilings, Quartz Counters, Bar, Bedroom on Main Level, Main Level Primary, Primary Suite, Walk-In Closet(s)
  • Appliances:Built-In Range, Dishwasher, Gas Range
  • Heating:Forced Air
  • Cooling:Ductless, Electric
  • Fireplace:Yes
  • Fireplaces:Family Room
  • # of Stories:2
  • Stories:Two

Exterior

  • Exterior:Wood Siding, Stone
  • Roof:Shingle
  • Construction:Wood Siding, Stone
  • Foundation:Slab

Additional Information

  • Date Listed:March 25th, 2024
  • Days on Market:11
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Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 1:25pm PDT. 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.