Newport Beach, CA 92663,1811 W Bay AVE
Newport Beach, CA 92663,1811 W Bay AVE
Newport Beach, CA 92663,1811 W Bay AVE
47
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$4,515,000
Est. payment /mo
6 BD
4 BA
3,092 SqFt
Open Sun 12PM-3PM

1811 W Bay AVE Newport Beach, CA 92663

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Sun Jan 12, 12:00pm - 3:00pm

UPDATED:

01/10/2025 04:26 PM

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 NP24255097

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1968

Lot Size 3,249 Sqft

Property Description

Bayfront Opportunity – Endless Potential!

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 $13,500/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 single-family bayfront home with an ADU.
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.

Don't miss this unique chance to secure a premier bayfront location with unlimited potential. Your coastal dream awaits!

Location

State CA

County Orange

Area N8 - West Newport - Lido

Rooms

Main Level Bedrooms 3

Interior

Interior Features Eat-in Kitchen, Living Room Deck Attached

Heating Forced Air

Cooling None

Flooring Carpet

Fireplaces Type Living Room

Inclusions washer/dryer and any existing appliances

Fireplace Yes

Appliance Dishwasher, Electric Range

Laundry In Garage

Exterior

Parking Features 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

Porch Deck, Patio, Porch

Attached Garage Yes

Total Parking Spaces 4

Private Pool No

Building

Lot Description Street Level

Dwelling Type Duplex

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 04718111

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Trust


California Regional MLS (CRMLS)
Listed by Annie Clougherty • Compass • annie.clougherty@compass.com

GET MORE INFORMATION

agent

Sheila Ponder

Agent | RE.S.0197943

+1(725) 242-3833

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1811 W Bay AVE