1811 W Bay Avenue Newport Beach, CA 92663
6 Beds
4 Baths
3,092 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Pending
Purchase Type For Sale
Square Footage 3,092 sqft
Price per Sqft $1,358
MLS Listing ID NP24255097
Style Townhome
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1968
Lot Size 3,250 Sqft
Acres 0.0746
Property Sub-Type Townhome
Property Description
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 $15,000/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 bayfront home with additional income. 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. Dont miss this unique chance to secure a premier bayfront location with unlimited potential. Your coastal dream awaits!
Location
State CA
County Orange
Area Oc - Newport Beach (92663)
Interior
Interior Features Living Room Deck Attached
Flooring Carpet
Fireplaces Type FP in Living Room
Equipment Dishwasher, Electric Range
Appliance Dishwasher, Electric Range
Laundry Garage
Exterior
Exterior Feature Stucco
Parking Features Garage
Garage Spaces 4.0
Utilities Available Natural Gas Connected, Water Connected
View Bay, Marina, Water, Back Bay, Harbor, City Lights
Roof Type Spanish Tile
Total Parking Spaces 4
Building
Story 2
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Others
Monthly Total Fees $44
Miscellaneous Suburban
Acceptable Financing Cash To New Loan
Listing Terms Cash To New Loan
Virtual Tour https://drive.google.com/file/d/1RMFc4DFRprkRotnhR3sc9gDf3BnHyiEm/view?usp=drive_link
