1811 W Bay Avenue, Newport Beach, CA 92663
-
Listed Price :
$4,515,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1968
Property Description
Bayfront Location! 1811 W. Bay is a BAYFRONT 6-BD DUPLEX with 4-car garage located directly in front of the serene, sandy bay beach of picturesque Marina Park! Owned by the same family for over 60 years, this is a fixer opportunity to make an original bayfront property your own; choose to rent out the existing 3-BD/2-BA units to maximize investment income, OR live in one unit and rent out the other, OR possibly even transform the entire 3,000sf property into your very own single-family bayfront home/two separate condos. The possibilities are endless and the property is an ideal candidate for a 1031 exchange. Combined income is approximated at $13,500/month. Short-term lodging is permissible, however, there is currently no active permit. In addition, another duplex located directly next door (1809 W Bay, MLS ID#NP24060094) is also currently for sale. If both are purchased together (not required) it makes an exceptionally rare opportunity to own TWO side-by-side bayfront properties. Very easy to show, call today for a private tour.
Interior Features
| Laundry Information |
| Location(s) |
In Garage |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Carpet |
| Interior Information |
| Features |
Living Room Deck Attached |
| Cooling Type |
None |
Listing Information
| Address |
1811 W Bay Avenue |
| City |
Newport Beach |
| State |
CA |
| Zip |
92663 |
| County |
Orange |
| Listing Agent |
Annie Clougherty DRE #01716801 |
| Courtesy Of |
Compass |
| List Price |
$4,515,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Duplex |
| Structure Size |
N/A |
| Lot Size |
3,250 |
| Year Built |
1968 |
Listing information courtesy of: Annie Clougherty, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 10th, 2024 at 8:04 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.
