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Image 1 - 1809 W Bay Ave, Newport Beach, California, 92663 - House for sale
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Home For Sale In Newport Beach, California
1809 W Bay Ave, Newport Beach, California, 92663

Home For Sale In Newport Beach, California

house for sale
Listed: 04/25/24

1809 W Bay Ave, Newport Beach, California, 92663

4 Bed:
4 Bath:
3,078 Sq Ft Living Area:
Save
Price
$ 5,3M

About This House

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 …  Full description

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Lido Isle Housing & Living

Household Income

Median household income: $119,379
Number of households: 37,971
The average household income in Newport Beach, CA grew from $115,845 to $119,379 in the past year. This data is an estimate based upon 37,971 households in Newport Beach, CA.
The chart below presents how household income is distributed in Newport Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Newport Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Newport Beach, CA equals $3k+ , which is more than the national average.