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James Studnicka Jr.

eXp Realty of California, Inc.

jcsjr23@gmail.com +1(310) 994-6034

Listed by Annie Clougherty • Compass

$ 4,200,000

Est. payment -/mo

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Active

1811 West Bay Avenue Newport Beach, CA 92663

3,092 SqFt

UPDATED:

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

James Studnicka Jr.

Agent | License ID: 01467393

+1(310) 994-6034

James Studnicka Jr.

1811 West Bay Avenue Newport Beach, CA 92663

Key Details

Location

Interior

Exterior

Building

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1811 West Bay Avenue