1811 W Bay Avenue
Newport Beach, CA 92663
3092 sqft | 6 beds | 4 baths | 0.07 acres | #NP24255097
Description
Back on market. 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.
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:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Annie Clougherty (#U40107)
Listing Office: Compass (#NP60725)
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