1811 W Bay AVE Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,092 sqft
Price per Sqft $1,460
Subdivision West Newport Beach (Wsnb)
MLS Listing ID NP24123359
Bedrooms 6
Full Baths 4
Year Built 1968
Lot Size 3,249 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) 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
Area N8 - West Newport - Lido
Rooms
Ensuite Laundry In Garage
Interior
Laundry Location In Garage
Heating Forced Air
Cooling None
Flooring Carpet
Fireplaces Type Living Room
Inclusions washer/dryer and any existing appliances
Laundry In Garage
Exterior
Garage Garage,Garage Faces Rear
Garage Spaces 4.0
Garage Description 4.0
Fence None
Pool None
Community Features Suburban
Utilities Available Natural Gas Connected,Water Connected
Waterfront Description Across the Road Water Frontage,Beach Access,Beach Front,Bayfront
View Y/N Yes
View Bay,Back Bay,City Lights,Harbor,Marina,Water
Roof Type Spanish Tile
Building
Lot Description Street Level
Dwelling Type Duplex
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Newport
Middle Schools Ensign
High Schools Newport Harbor
School District Newport Mesa Unified
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Trust