$4,400,000

1809 W Bay Ave Newport Beach, CA 92663

0.07 acres
Multi-Family

Property details

About 1809 W Bay Ave

Offered fully furnished, 1809 W. Bay presents an unparalleled opportunity to own a lucrative, turnkey investment property directly on one of the most beautiful bay beaches in Newport Beach—just a block from the ocean. With breathtaking 180-degree harbor views, generous square footage, and a price per square foot that makes this an incredible value, this is one of the most compelling opportunities on the market today. Two Units, Flexible Layout Lower Unit: Approx. 1,100 sqft | 2-BD/2-BA Upper Unit: Approx. 1,890 sqft | 3-BD/2-BA + sunroom/bonus room; Currently configured as a spacious owner’s unit with vaulted ceilings and abundant natural light, but can easily be reconfigured into two separate units thanks to three separate meters. Recent Upgrades: Renovated bathrooms, modernized kitchens, updated carpet, lighting, and fresh paint. Move-in or rent-ready. Rare 4-Car Garage + two laundry areas for added convenience. Rental & Investment Potential: Projected rental income: approx. $16,500/month Eligible for condo conversion (with city approval)—unlocking additional upside potential Incredible Value Backed by Sales Data: 1801 W. Bay sold for $4.2M in Sept 2023—without the panoramic view this home offers and 1807 W. Bay sold for $3.9M in 2021. At today’s price, 1809 W. Bay is significantly under market value given the view, square footage, and investment upside Back on the market after falling out of escrow due to buyer non-performance, the seller is motivated and says: bring all offers. Whether you're a seasoned investor or simply looking for an iconic bayfront lifestyle, this property checks every box.

Highlights

Home typeDuplex
HeatingForced Air
StatusActive
CoolingDuctless, Electric
Lot size0.0726 Acres
Year built1968
ParkingGarage, Garage Faces Rear
MLS #NP25015411
Garage4 spaces
FireplaceFamily Room
ViewBay, City Lights, Other, Harbor, Marina, Panoramic, Water

Summary

  • 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
  • Garage Space: 4 spaces
  • Private Pool: No
  • Parking: Garage, Garage Faces Rear
  • View: Bay, City Lights, Other, Harbor, Marina, Panoramic, Water
  • Heating: Forced Air
  • Cooling: Ductless, Electric
  • List Price: $4,400,000
  • Annual Tax Amount: $44,335
  • Tax Year: 2024
  • Directions: Balboa Blvd to 18th and turn onto Bay Ave.
  • Year Built: 1968
  • Stories: 2
  • Lot Size: 0.0726 Acres
  • MLS Number: NP25015411
  • MLS Name: CRMLS
  • 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: 5/5/2025, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$4,400,000

1809 W Bay Ave

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$4,161,600$44,335
2023$4,080,000$43,299
2022$192,271$2,534
2021$188,501$2,489
2020$186,569$2,465
2019$182,911$2,379
2018$179,325$2,379
2017$175,809$2,339

History based on county public records data.

Nearby schools

8

Newport Elementary School

Public District KG-6

0.4 mi

1327 W Balboa Blvd

7

Newport Heights Elementary School

Public District KG-6

1.4 mi

300 E 15th St

7

Mariners Elementary School

Public District KG-6

2.0 mi

2100 Mariners Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $110,552. The majority of Newport Beach, CA residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

11%
<35k
33%
35k-100k
29%
100k-200k
27%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

68%
Single, No Kids
6%
Single, with Kids
19%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
5%
12-17 yrs old
36%
18-34 yrs old
39%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Music ConcertsMusic Concerts
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Boston MarketBoston Market

What do the neighbors drive?

  • AudiAudi
  • VolkswagenVolkswagen
  • MercedesMercedes

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1809 W Bay Ave in Newport Beach, CA and zip code 92663 in the Central Newport Beach neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $4,400,000.

In April 2025, from all listings sold in Newport Beach, CA there were more than 8 sold above asking price, over 64 sold below and more than 16 were sold right at the asked price. The number of listings in Newport Beach, CA increased by 6.9% between March and April 2025. While the average time on the market in April 2025 was 41 days, the median list price was $3,600,000.

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

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