$4,515,000
1811 W Bay Avenue
Newport Beach, CA, 92663
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.
Property Details
Price:
$4,515,000
MLS #:
NP24123545
Status:
Active
Baths:
0
Address:
1811 W Bay Avenue
Type:
Residential Income
Subtype:
Duplex
Subdivision:
West Newport Beach WSNB
Neighborhood:
n8westnewportlido
City:
Newport Beach
Listed Date:
Jun 17, 2024
State:
CA
ZIP:
92663
Lot Size:
3,250 sqft / 0.07 acres (approx)
Year Built:
1968
Schools
Interior
Appliances
Dishwasher, Electric Range
Cooling
None
Fireplace Features
Living Room
Flooring
Carpet
Heating
Forced Air
Interior Features
Living Room Deck Attached
Exterior
Community Features
Suburban
Fencing
None
Foundation Details
Slab
Garage Spaces
4.00
Lot Features
Level with Street
Parking Features
Garage, Garage Faces Rear
Parking Spots
4.00
Pool Features
None
Roof
Spanish Tile
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Back Bay, Bay, City Lights, Harbor, Marina, Water
Water Source
Public
Financial
Association Fee
0.00
Utilities
Natural Gas Connected, Water Connected
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Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 1811 W Bay Avenue
Newport Beach, CA
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