1811 W Bay Avenue, Newport Beach, CA 92663

Newport Beach, CA 92663,1811 W Bay Avenue

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Sheila Dadashzadeh

[email protected] +1(858) 375-6785

$4,515,000

Est. payment - /mo

6 Beds

4 Baths

3,092 SqFt

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UPDATED:

10/22/2024 12:31 AM

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Contingent

Purchase Type For Sale

Square Footage 3,092 sqft

Price per Sqft $1,460

MLS Listing ID NP24123359

Style Townhome

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1968

Lot Size 3,250 Sqft

Acres 0.0746

Property Description

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 the 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) 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.
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 the 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) 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.

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

Garage 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

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Listed by Annie Clougherty • Compass

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Sheila Dadashzadeh

+1(858) 375-6785

Agent | CA BRE #01835591

Agent CA BRE #01835591

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