15 days on rocket

1809 W Bay Ave, Newport Beach, CA, 92663

$4,625,000

5 Bedrooms
4 Full Baths
3,078 SqFt
$1,503/SqFt
Multi

Location

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Property Highlights

Home TypeTriplex
ParkingGarage
Attached Garage4 spaces
Year Built1968
HeatingForced Air
CoolingDuctless, Electric
WaterfrontBeach
FireplaceFamily Room
ViewBay, City Lights, Other, Harbor, Marina, Panoramic, Water
MLS #NP24242518
Lot Size0.07 Acres
StatusActive

About 1809 W Bay Ave

Offered fully furnished, you can call this home in time for Christmas and hold your boat parade party here as the parade floats right by the home. You will not find a better view in all of Newport Beach with this much square footage at this price! 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. 1,100 sqft and offers 2-BD/2-BA. The spacious upper unit with vaulted ceilings and tons of natural light is approx. 1,890 sqft 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. 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
  • Living Area: 3,078 SqFt

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: Breakfast Bar, 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

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Garage

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: $4,625,000
  • Price Per SqFt: $1,503/SqFt

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

$3.5M

Med. Price/SqFt

$1,425

Avg. Days On Market

43

# of Sold Homes

71

1809 W Bay Ave vs Newport Beach

15 DAYS ON ROCKET

-28 Days

$4,625,000

+$1.1M More

$1,503/SqFt

+$77 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $77/SqFt more than other homes in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24242518

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: 12/18/2024, 6:20:58 AM 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

$23.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.9K

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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-4420857
8
/10
  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 0.41 miles

  • Public District Grades KG-6

school-card-donut-4420858
7
/10
  • Newport Heights Elementary School

  • 300 E 15th St

  • 1.39 miles

  • Public District Grades KG-6

school-card-donut-4420859
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. Most families are single, no kids. Most residents in this area 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 3,078 square foot home, which was built in 1968, sits on a 0.07 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $4,625,000.

In November 2024, from all listings sold in Newport Beach, CA there were more than 9 sold above asking price, over 48 sold below and more than 14 were sold right at the asked price. Between October 2024 and November 2024, Newport Beach, CA real estate market has seen decrease in the number of listings by 2.5%. Listings spent 43 days on the market in November 2024, and had a median list price of $3,500,000 during the same period.

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

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