1811 West Bay Avenue Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
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
Subdivision West Newport Beach
MLS Listing ID NP-24123545
Year Built 1968
Lot Size 3,250 Sqft
Property Sub-Type Duplex
Property Description
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 $15,000/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 bayfront home with additional income. 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 bayfront location with unlimited potential. Your coastal dream awaits!
Location
State CA
County Orange
Area N8 - West Newport - Lido
Interior
Interior Features Living Room Deck Attached
Heating Forced Air
Flooring Carpet
Fireplaces Type Living Room
Inclusions washer/dryer and any existing appliances
Laundry In Garage
Exterior
Parking Features Garage,Garage Faces Rear
Garage Spaces 4.0
Pool None
Community Features Suburban
Utilities Available Water Connected,Natural Gas Connected
View Y/N Yes
View Marina,Water,Back Bay,Bay,City Lights,Harbor
Building
Lot Description Level with Street
Sewer Public Sewer