Under contract
Active Under Contract
1811 W Bay Avenue
Newport Beach CA, 92663
$4,515,000
$1,460.22 per sqft
Under contract
Active Under Contract
6 Beds
4 Baths
3,092 sqft
Multi-family
Built in 1968
Listed by Annie Clougherty with Compass [email protected]
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.
NP24123359
MLSⓇ ID
June 19, 2024
Listed
December 3, 2024
Updated
Map
1811 W Bay Avenue
Newport Beach CA, 92663
Interior Features
Total Stories
2
Bedrooms
6
Total Bathrooms
4
Full Bathrooms
4
Interior Features
Eat-in Kitchen, Living Room Deck Attached
Appliances
Dishwasher, Electric Range
Laundry Description
In Garage
Floor Description
Carpet
Fireplace
Yes
Fireplace Description
Living Room
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.07 Acres
Lot Features
Street Level
Roof
Spanish Tile
Sewer
Public Sewer
School Information
School District
Newport Mesa Unified
High School
Newport Harbor
Elementary School
Newport
Other Property Details
Area Name
N8 - West Newport - Lido
Days on Market
167
Garage
Yes
Garage Spaces
4
Parking
Garage, Garage Faces Rear
Parking Total
4
View
Yes
View Description
Bay, Back Bay, City Lights, Harbor, Marina, Water
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Waterfront
Yes
Listing History
Date | Event | Price |
|---|---|---|
10/21/2024 | Under contract | — |
10/1/2024 | Price change | $4,515,000 -8% |
Listing Contact: 949-438-4340
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/3/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/3/2024 at 7:50 PM UTC