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1809 West Bay Avenue, Newport Beach, CA 92663
$5,195,000
1809 West Bay Avenue, Newport Beach, CA 92663View this property at 1809 West Bay Avenue, Newport Beach, CA 92663
1809 West Bay AvenueNewport BeachCA92663
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Property Description
Introducing an unparalleled investment opportunity: an exceptional duplex 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, or capitalize on rental income. 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.
Full Property Details
Full Property Details for 1809 W Bay Ave
General
- Price: $5,195,000
- Status: Active
- Type: Duplex
- MLS ID: NP24097486
- Updated: 5/28/2024
- Days on Market: 13 days
- Added to Site: 14 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite, Walk-In Closet
- Interior Features: Balcony, Bar, High Ceilings, Living Room Balcony, Quartz Counters, Recessed Lighting
- Fireplace: Yes
- Fireplace(s): Family Room, Living Room
- Eating Areas: Breakfast Counter/Bar, In Family Room, In Living Room
- Appliances: Built-In Range, Dishwasher, Gas Range, Microwave, Refrigerator
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Covered, Open Patio
Parking
- Garage: Yes
- Garage Spaces: 4
- Parking: Garage, Garage Faces Rear
Location
- County: Orange
- Subdivision: Balboa Peninsula (Residential) (BALP)
- Driving Directions: Balboa Blvd to 18th and turn onto Bay Ave.
School Information
- School District: Newport Mesa Unified
Community
- Community Features: Curbs, Sidewalks
Heating & Cooling
- Cooling Type: Ductless, Electric
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Construction: Stone, Wood Siding
- Foundation: Slab
- Roof: Shingle
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,078
- Sq. Ft. Source: Taped
- Year Built: 1968
- Year Built Source: Assessor
- Property Condition: Updated/Remodeled
Lot Features
- Property View: Bay, City Lights, Water
- Lot Size (Acres): 0.0726
- Lot Size (Sq. Ft.): 3,162
- Lot Size Source: Appraiser
- Lot Description: Utilities - Overhead
- Fencing (Description): Stone
Financial Considerations
- Price Per Sq. Ft.: $1,687.78
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Standard
- Inclusions: washer/dryer/refrigerators in unit
Listed by Compass, Annie Clougherty
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Schools
Schools serving 1809 W Bay Ave
School District:Newport-Mesa Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1327 W Balboa Blvd, Newport Beach, CA 92661 | K-6 | 0.4 mi | |
2000 Cliff Dr, Newport Beach, CA 92663 | 7-8 | 0.9 mi | |
600 Irvine Ave, Newport Beach, CA 92663 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1809 W Bay Ave
Date
Details
Price
Change
Source
5/15/2024
Listed
$5,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1809 W Bay Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$43,299
1608%
$4,080,000
2022%
2022
$2,535
2%
$192,271
2%
2021
$2,490
1%
$188,501
1%
2020
$2,465
2%
$186,569
2%
2019
$2,424
2%
$182,911
2%
2018
$2,380
2%
$179,325
2%
2017
$2,340
2%
$175,809
2%
2016
$2,292
4%
$172,362
2%
2015
$2,194
2%
$169,773
2%
2014
$2,142
1%
$166,448
—
2013
$2,123
—
$165,696
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1809 W Bay Ave
1809 West Bay Avenue, Newport Beach, CA 92663 (MLS# NP24097486) is a Duplex property with 4 bedrooms and 4 full bathrooms. 1809 West Bay Avenue is currently listed for $5,195,000 and was received on May 15, 2024. Want to learn more about 1809 West Bay Avenue? Do you have questions about finding other Duplex real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.