$4,515,000
Beds: 6
Baths: 4
Sqft: 3,092
Sqft lot: 3,249
Acre lot: 0.07
131 Days On Market -

Property listed by Compass, Annie Clougherty annie.clougherty@compass.com

Status: Activeundercontract
Property Type: Duplex
Year Built: 1968
Neighborhood: West Newport Beach (wsnb)
Days On Website: 131
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.

Features

Property Access

  • Road surface type: Paved

Appliances & Equipment

  • Dishwasher
  • ElectricRange

Bathrooms

  • 2 main level bathrooms
  • 4 full bathrooms
  • 4 total bathrooms

Bedrooms

  • 3 main level bedrooms
  • 6 total bedrooms

Building

  • Built in 1968
  • Levels: Two
  • Living area: 3092
  • 2 stories
  • Common walls: NoCommonWalls
  • Construction materials: Stucco

Community

  • Suburban

Cooling

  • None

Fence

  • None

Fireplaces

  • LivingRoom

Floors

  • Carpet

Garage

  • 4 spaces

Heating

  • ForcedAir

Interior Features

  • EatInKitchen
  • LivingRoomDeckAttached

Laundry

  • InGarage

Listing

  • ListingID: NP24123359
  • Standard status: ActiveUnderContract
  • 124 days on market

Location

  • Subdivision name: West Newport Beach (WSNB)

Lot

  • 0.0746 acres
  • 3,250 square feet
  • Size: 3,250
  • StreetLevel

Parking

  • 4 totals parking
  • Garage
  • GarageFacesRear

Pool

  • None

Property

  • Deck
  • Patio
  • Porch
  • Bay
  • BackBay
  • CityLights
  • Harbor
  • Marina
  • Water
  • AcrossTheRoadWaterFrontage
  • BeachAccess
  • BeachFront
  • Bayfront

Roof

  • SpanishTile

Schools

  • Elementary school: Newport
  • Middle or junior school: Ensign
  • High school: Newport Harbor

Sewer

  • PublicSewer

Spa

  • None

Utilities

  • NaturalGasConnected
  • WaterConnected

Property Map

Map View


$4,515,000 - 1811 W Bay Avenue, Newport Beach, CA 92663

Street View


Directions


1811 W Bay Avenue
Newport Beach, CA 92663
Subdivision name: West Newport Beach (WSNB)

Nearby Schools

Local Sales

Patrick Wood

Broker/Owner