1811 W Bay Avenue
Newport Beach, CA 92663
3092 sqft | 6 beds | 4 baths | 0.07 acres | #NP24255097
Description
Bayfront Opportunity – Endless Potential!
Welcome to 1811 W. Bay Ave, a rare bayfront duplex with a prime location directly in front of the tranquil sandy bay beach of picturesque Marina Park. This 6-bedroom, 4-bathroom property offers approximately 3,000 square feet of living space and includes a 4-car garage, presenting an incredible opportunity to create your ideal bayfront dream.
Owned by the same family for over 60 years, this property is ready for your vision. Options abound:
Investors: Rent out the existing two 3-bedroom, 2-bath units to maximize income, with combined rents approximated at $13,500/month in its current condition and with a little refresh, much more.
Homeowners: Live in one unit and rent out the other, or transform the property into your very own single-family bayfront home with an ADU.
Developers: Explore a condo conversion opportunity to create two separate residences.
Short-term lodging is permissible (subject to permitting), adding flexibility to your investment. For those considering a 1031 exchange, this is an ideal candidate.
BONUS OPPORTUNITY: The neighboring duplex at 1809 W. Bay is also available for sale, offering an exceptionally rare chance to own two side-by-side bayfront properties.
Don’t miss this unique chance to secure a premier bayfront location with unlimited potential. Your coastal dream awaits!
Property Details
- ViewBay, BackBay, CityLights, Harbor, Marina, Water
- InteriorEatInKitchen, LivingRoomDeckAttached
- Utility FeaturesNaturalGasConnected, WaterConnected
- SubdivisionWest Newport Beach (WSNB)
- School DistrictNewport Mesa Unified
- Lot DescriptionStreetLevel
- Sewer InformationPublicSewer
- Original List Price$4,515,000
- MLS #NP24255097
- MLS #NP24255097
- Property TypePurchase
- Cost4515000
- Acres0.0746
- Utility SourcePublic
- CountyOrange
- Property SubtypeDuplex
- Structure TypeDuplex
- Square Feet3092
- Year Built1968
- FoundationSlab
- Bedrooms6
- Bathrooms4
- Full Baths4
- Stories2
- Parking Spaces4
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Annie Clougherty (#U40107)
Listing Office: Compass (#NP60725)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
