$4,515,000
Active
14 Days Online
6 Beds4 Baths3,092 SQFT
Active

1811 W Bay Avenue Newport Beach, CA 92663

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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.

  • Property TypeTownhouse
  • NeighborhoodN/A
  • CountyOrange
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site14 Days
  • MLS StatusActive
  • MLS ID NumberNP24123359
  • Home Size Source N/A
  • Year Built1968
  • Lot Size0.0746 Acres
  • Full Baths4
  • Partial BathsN/A

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General Features

  • Parking Garage Garage
  • Parking Garage Spaces 4
  • Sewer Public Sewer
  • Terms Cash To New Loan
  • Stories 2 Story

Interior Features

  • Additional Rooms KitchenLiving Room
  • Cooling N/K
  • Floors Carpet
  • Equipment DishwasherElectric Range

Exterior Features

  • Water Public
  • Pool N/K
  • Siding Stucco
  • View BayMarinaWaterBack BayHarborCity Lights
  • Roof Spanish Tile

Community Features

  • Miscellaneous Suburban
  • Spa N/K
  • Laundry Location Garage

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Monthly Payment (Est.)

$22,688
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