1811 West Bay Avenue Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,092 sqft
Price per Sqft $1,460
Subdivision West Newport Beach
MLS Listing ID NP-24123545
Year Built 1968
Lot Size 3,250 Sqft
Property 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, MLS ID#NP24060094) 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.
Location
State CA
County Orange
Interior
Heating Forced Air
Cooling None
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