1811 W Bay Avenue, Newport Beach, CA 92663 (MLS # CRNP24255097)
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Back on market. 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.
| DAYS ON MARKET | 4 | LAST UPDATED | 12/29/2024 |
|---|---|---|---|
| YEAR BUILT | 1968 | COMMUNITY | Listing |
| GARAGE SPACES | 4.0 | COUNTY | Orange |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | Newport-Mesa Unified |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Range |
| AREA | Listing |
| CONSTRUCTION | Stucco |
| FIREPLACE | Yes |
| GARAGE | 4, Attached, Garage Faces Rear, Other, Yes |
| HEAT | Forced Air |
| HOA DUES | 0 |
| LOT | 3250 sq ft |
| LOT DESCRIPTION | Other |
| PARKING | Attached, Other, Garage Faces Rear |
| POOL | Yes |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Natural Gas Connected |
| WATER | Public |
| WATERFRONT | Yes |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listing provided by Annie Clougherty |Compass
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