1811 W Bay AVE Newport Beach, CA 92663
Active
$4,200,000
14%
2 Units
6 Beds
4 Baths
3,092 Area(sq.ft.)
3,250 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | No | n/a | n/a | $ 7,500 |
| Unit 2 | 1 | 3 | 2 | No | n/a | n/a | $ 6,500 |
| 2 | 2 | 6 | 4 | $ 0 | $ 0 | $ 14,000 |
| MLS #: | NP24123545MR |
| Days On Market: | 184 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,358 |
| Price per unit: | $ 2,100,000 |
| Year Built: | 1968 |
Property Details
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 $14,000/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 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!Interested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 0 |
Structure
| Community Features: | Suburban |
| Sewer: | Public Sewer |
| View Description: | Back Bay, Bay, City Lights, Harbor, Marina, Water |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Garage |
Interior
| Cooking Appliances: | Range |
| AC/Cooling: | None |
| Equipment: | Dishwasher, Garage |
| Heating: | Forced Air |
| Fireplace Rooms: | Living Room |
| Laundry: | Garage |
Exterior
| Exterior Construction: | Stucco |
| Pool: | No |
| Roof: | Spanish Tile |
| Spa: | No |
Detailed Map
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