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In-PersonVirtual Tour
$ 4,200,000
Est. payment | /mo
6 Beds
3,092 SqFt
$ 4,200,000
Est. payment | /mo
6 Beds
3,092 SqFt
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
MLS Listing ID CRNP24123545
Bedrooms 6
HOA Y/N No
Year Built 1968
Lot Size 3,250 Sqft
Acres 0.07
Property Sub-Type Duplex
Property Description
Bayfront Opportunity – Endless Potential! 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 $14,000/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 single-family bayfront home with an ADU. 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 bayfron
Location
State CA
County Orange
Interior
Heating Forced Air
Cooling No Air Conditioning
Flooring Carpet
Fireplace No
Laundry In Garage
Exterior
View Y/N true
View Bay, City Lights, Marina, Water, Other
Total Parking Spaces 4
Building
Lot Description Other
New Construction No
Others
Tax ID 04718111
Virtual Tour https://www.dropbox.com/scl/fi/3dqhreq7dqtnqfunqg1h4/1811-W-Bay-Ave-Newport-Beach-CA-Unbranded-Original.mp4?rlkey=qq7cc7vvengc3dcrhxkixu3so&st=yl18hxms&dl=0
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Listed by Annie Clougherty • Compass