855.375.4001
Listed by annie.clougherty@compass.com - Annie Clougherty - Compass
$4,515,000 affordable loan icon Calculate Payment

1811 Bay Avenue Newport Beach, CA 92663

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Duplex Residence
6 Beds
4 Baths
... Bed/Bath
3,092 Sq. Ft.

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  • Sun, 1/19, 01:00 PM-04:00 PM

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Last updated on 1/19/2025 2:31 AM
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! Continue reading
MLS#
NP24255097
Property Type
Duplex
Bedrooms
6
Bathrooms
4 Full
Year Built
1968
Square Feet
3,092 sq. ft
Lot Size
0.07
Stories
2.0
Sewer
Public Sewer

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Listed by annie.clougherty@compass.com - Annie Clougherty - Compass
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 1/19/2025 2:31 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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