1811 W Bay Avenue Active

Newport Beach,CA 92663

$ 4200000

6 Beds

0 Bath

3092 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,092 sqft

Price per Sqft $1,358

MLS Listing ID CRNP24123545

Bedrooms 6

HOA Y/N No

Year Built 1968

Lot Size 3,250 Sqft

Acres 0.07

Property Sub-Type Duplex

Property 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 $14,000/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 bayfron

Location

State CA

County Orange

Interior

Heating Forced Air

Cooling No Air Conditioning

Flooring Carpet

Fireplace No

Laundry In Garage

Exterior

View Y/N true

View Bay,City Lights,Marina,Water,Other

Total Parking Spaces 4

Building

Lot Description Other

New Construction No

Others

Tax ID 04718111

Virtual Tour https://www.dropbox.com/scl/fi/3dqhreq7dqtnqfunqg1h4/1811-W-Bay-Ave-Newport-Beach-CA-Unbranded-Original.mp4?rlkey=qq7cc7vvengc3dcrhxkixu3so&st=yl18hxms&dl=0

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