$4,515,000
Beds:
6
Baths:
4
Sqft:
3,092
Sqft lot:
3,249
Acre lot:
0.07
159 Days On Market -
Property listed by Compass, Annie Clougherty annie.clougherty@compass.com
Status:
Activeundercontract
Property Type:
Duplex
Year Built:
1968
Neighborhood:
West Newport Beach (wsnb)
Days On Website:
159
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) 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.
Features
Property Access
- Road surface type: Paved
Appliances & Equipment
- Dishwasher
- ElectricRange
Bathrooms
- 2 main level bathrooms
- 4 full bathrooms
- 4 total bathrooms
Bedrooms
- 3 main level bedrooms
- 6 total bedrooms
Building
- Built in 1968
- Levels: Two
- Living area: 3092
- 2 stories
- Common walls: NoCommonWalls
- Construction materials: Stucco
Community
- Suburban
Cooling
- None
Fence
- None
Fireplaces
- LivingRoom
Floors
- Carpet
Garage
- 4 spaces
Heating
- ForcedAir
Interior Features
- EatInKitchen
- LivingRoomDeckAttached
Laundry
- InGarage
Listing
- ListingID: NP24123359
- Standard status: ActiveUnderContract
- 124 days on market
Location
- Subdivision name: West Newport Beach (WSNB)
Lot
- 0.0746 acres
- 3,250 square feet
- Size: 3,250
- StreetLevel
Parking
- 4 totals parking
- Garage
- GarageFacesRear
Pool
- None
Property
- Deck
- Patio
- Porch
- Bay
- BackBay
- CityLights
- Harbor
- Marina
- Water
- AcrossTheRoadWaterFrontage
- BeachAccess
- BeachFront
- Bayfront
Roof
- SpanishTile
Schools
- Elementary school: Newport
- Middle or junior school: Ensign
- High school: Newport Harbor
Sewer
- PublicSewer
Spa
- None
Utilities
- NaturalGasConnected
- WaterConnected
Property Map
Map View
$4,515,000 - 1811 W Bay Avenue, Newport Beach, CA 92663
Street View
Directions
1811 W Bay Avenue
Newport Beach, CA 92663
Subdivision name: West Newport Beach (WSNB)