1809 West Bay Avenue, Newport Beach, CA 92663

$5,195,000
4
BD
4
BA
3,078
SqFt
List Price
$5,195,000
Status
ACTIVE
MLS#
NP24097486
Year Built
1968
Bedrooms
4
Bathrooms
4
Living Sq. Ft
3,078
Lot Size
3,162
Acres
0.07
Days on Market
5
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels
Neighborhood
Balboa Peninsula (Residential) (Balp)

Property Description

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.

Additional Information

Appliances
Built-In Range, Dishwasher, Gas Range, Microwave, Refrigerator
Pool Description
None
Fireplace Description
Family Room, Living Room
Heat
Forced Air
Cooling
Yes
Cooling Description
Ductless, Electric
View
Bay, City Lights, Water
Exterior Construction
Stone, Wood Siding
Patio
Covered, Open, Patio, Balcony
Roof
Shingle
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
School District
Newport Mesa Unified
Interior Features
Balcony, High Ceilings, Quartz Counters, Recessed Lighting, Bar, Bedroom on Main Level, Main Level Primary, Primary Suite, Walk-In Closet(s)
Attached Structure
Detached
Number Of Units Total
3

Listing courtesy of Listing Agent: Annie Clougherty (annie.clougherty@compass.com) from Listing Office: Compass.

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.