Open House: Sat, Oct 12th 2:00 PM - 5:00 PM PDT

Active

1811 W Bay Avenue

Newport Beach CA, 92663

$4,515,000


$1,460.22 per sqft

Active

6 Beds

4 Baths

3,092 sqft

Multi-family

Built in 1968

Listed by Annie Clougherty with Compass [email protected]

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) 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.

NP24123359

MLS ID

June 19, 2024

Listed

October 9, 2024

Updated

Map

1811 W Bay Avenue
Newport Beach CA, 92663

Interior Features

Total Stories

2


Bedrooms

6


Total Bathrooms

4


Full Bathrooms

4


Interior Features

Eat-in Kitchen, Living Room Deck Attached


Appliances

Dishwasher, Electric Range


Laundry Description

In Garage


Floor Description

Carpet


Fireplace

Yes


Fireplace Description

Living Room


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.07 Acres


Lot Features

Street Level


Roof

Spanish Tile


Sewer

Public Sewer

School Information

School District

Newport Mesa Unified


High School

Newport Harbor


Elementary School

Newport

Other Property Details

Area Name

N8 - West Newport - Lido


Days on Market

111


Garage

Yes


Garage Spaces

4


Parking

Garage, Garage Faces Rear


Parking Total

4


View

Yes


View Description

Bay, Back Bay, City Lights, Harbor, Marina, Water


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Waterfront

Yes

Listing History

Date

Event

Price

10/1/2024

Price change

$4,515,000

-8%

Open House Schedule

Sat, Oct 12th

2:00 PM - 5:00 PM PDT

Sun, Oct 13th

2:00 PM - 5:00 PM PDT

Listing Contact: 949-438-4340 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/9/2024 at 11:21 AM UTC

 

Powered byLuxury Presence