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A Rare Investment Opportunity on the Newport PeninsulaOffered 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-BAUpper 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.
Property Type(s):
Residential Income
| Last Updated | 1/23/2025 | Tract | West Newport Beach (WSNB) |
|---|---|---|---|
| Year Built | 1968 | Community | West Newport - Lido |
| Garage Spaces | 4.0 | County | Orange |
Additional Details
| AIR | Ductless, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Built-In Range, Dishwasher, Gas Range |
| AREA | West Newport - Lido |
| CONSTRUCTION | Stone, Wood Siding |
| FIREPLACE | Yes |
| GARAGE | Garage, Garage Faces Rear, Yes |
| HEAT | Forced Air |
| HOA DUES | 0 |
| INTERIOR | Balcony, Bar, Bedroom on Main Level, Ceiling Fan(s), High Ceilings, Main Level Primary, Primary Suite, Quartz Counters, Walk-In Closet(s) |
| LOT | 3162 sq ft |
| PARKING | Garage,Garage Faces Rear |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | West Newport Beach (WSNB) |
| UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected,Overhead Utilities |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay,City Lights,Coastline,Harbor,Marina,Panoramic,Water |
| WATER | Public |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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