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Additional details
Listed by Annie Clougherty • Compass
$4,515,000
Est. payment /mo
3,092 SqFt
UPDATED:
12/10/2024 09:18 PM
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
Interior Features Living Room Deck Attached
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
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