3 months on rocket

1809 W Bay Ave, Newport Beach, CA, 92663

$4,725,000

0 Baths
Multi

Location

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Property Highlights

Home TypeTriplex
ParkingGarage, Garage Faces Rear
Garage4 spaces
Year Built1968
HeatingForced Air
CoolingDuctless, Electric
FireplaceFamily Room
ViewBay, City Lights, Other, Harbor, Marina, Panoramic, Water
MLS #NP24167542
Lot Size0.07 Acres
StatusActive

About 1809 W Bay Ave

You will not find a better view in all of Newport Beach with this much square footage at this price!!!!!!!!!!!!!!!!!! Zoned as a BAYFRONT TRIPLEX, but currently configured as a completely REMODELED 5-BD DUPLEX, this is a terrific opportunity to own a lucrative investment opportunity located directly on one of the most beautiful bay beaches of the Newport Peninsula & only one block from the crashing waves of the beach! Recently upgraded with renovated bathrooms, kitchens, carpet, lighting, and fresh paint, 1809 W Bay is turnkey and ready for immediate occupancy. The bright lower unit is approx 1,100sqft and offers 2-BD/2-BA. The spacious upper unit with vaulted ceilings and tons of natural light is approx 1,890sqft and offers 3-BD/2-BA + a sunroom (3rd bedroom currently configured as an open bonus room). The upper unit is being used as a combined owners unit but was previously separated as 2 units - this can be done again by adding a door as the property has 3 SEPARATE METERS and is zoned a TRIPLEX. A rare four car garage offers ample parking along with two separate laundry facilities. 1809 W. Bay offers the potential for diverse income streams and the possibilities are limitless, making it an ideal investment not only for seasoned investors but also those seeking a bayfront Newport Beach property with mesmerizing harbor views both day and night.

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Stories: 2

Listing Office:

  • Office Name: Compass
  • Office Email: annie.clougherty@compass.com
  • Listing Agent: Annie Clougherty

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Gas Range
  • Flooring Type: Carpet, Vinyl
  • Interior: Balcony, Ceiling Fan(s), High Ceilings, Quartz Counters, Bar, Bedroom on Main Level, Main Level Primary, Primary Suite, Walk-In Closet(s)
  • Fireplace: Family Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Bay, City Lights, Other, Harbor, Marina, Panoramic, Water

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Garage, Garage Faces Rear

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Ductless, Electric

Other

Directions Information:

  • Directions: Balboa Blvd to 18th and turn onto Bay Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,725,000

Tax Information:

  • Annual Amount: $2,490
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

Med. Sold Price

$3.4M

Med. Price/SqFt

$1,427

Avg. Days On Market

50

# of Sold Homes

68

1809 W Bay Ave vs Newport Beach

93 DAYS ON ROCKET

+43 Days

$4,725,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24167542

Listing Office:

  • Office Name: Compass
  • Office Email: annie.clougherty@compass.com
  • Listing Agent: Annie Clougherty

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,490$188,501
2020$2,465$186,569
2019$2,379$182,911
2018$2,380$179,325
2017$2,340$175,809

History based on county public records data.

Payment Calculator

$23.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.2K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-472775
8
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 0.41 miles

  • Public District Grades KG-6

school-card-donut-472776
7
/10
  • Newport Heights Elementary School

  • 300 E 15th St

  • 1.39 miles

  • Public District Grades KG-6

school-card-donut-472777
7
/10
  • Mariners Elementary School

  • 2100 Mariners Dr

  • 2.00 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $110,552. The most common annual income of people living in Newport Beach, CA is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaOrange CountyNewport Beach926631809 W Bay Ave

This home is located at 1809 W Bay Ave in Newport Beach, CA and zip code 92663 in the Central Newport Beach neighborhood. This home, which was built in 1968, sits on a 0.07 acre lot. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $4,725,000.

While more than 6 listings in Newport Beach, CA in October 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 52 were sold below. The number of listings in Newport Beach, CA increased by 2.6% between September 2024 and October 2024. Listings spent 50 days on the market in October 2024, and had a median list price of $3,475,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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