855.375.4001
Listed by annie.clougherty@compass.com - Annie Clougherty - Compass
$4,895,000 affordable loan icon Calculate Payment

1811 Bay Avenue Newport Beach, CA 92663

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

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Last updated on 7/7/2024 12:57 AM
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 t...he 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, MLS ID#NP24060094) 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. Continue reading
MLS#
NP24123545
Property Type
Duplex
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 7/7/2024 12:57 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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