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.
MLS #
CRNP24123545
MLS Source
California Regional MLS
Days on Site
184
Appliances
Dishwasher, Oven Range - Electric
Cooling
None
Heating
Forced Air
Roof
Tile
Foundation
Slab
Pool
None
Garage/Parking
Garage, Garage: 4 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 2 |
1811 W Bay Ave is a Duplex in Newport Beach, CA 92663. This – square foot property sits on a 3,250 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,515,000 and was built in 1968.
This address can also be written as 1811 W Bay Ave, Newport Beach, CA 92663.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 10, 2024. For the most current information, please contact Annie Clougherty