1811 W Bay Avenue Newport Beach, 92663

Bedrooms:
6
Bathrooms:
4
Square Feet:
3,092 sqft
Price $4,515,000 .00
Approx /month
Get More Details
Sale Price:
$4,515,000
Loan Type:
Conventional - 5% down
FHA - 3.5% down
VA - 0% down
Additional $ Down:
Total Down Payment:
Loan Term: (years)
Interest Rate: (%)
Property Tax: (year)
$0
Insurance: (year)
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Oct 12, 2:00 pm - 5:00 pm
Oct 13, 2:00 pm - 5:00 pm

Virtual Tour of 1811 W Bay Avenue , Newport Beach 92663

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.

General Information

Listing Attribution:
Compass annie.clougherty@compass.com
Listing Agent:
Annie Clougherty
CalBRE#:
01716801
Price:
$4,515,000
Status:
Active
Listing Updated:
10/8/2024
List Date:
6/17/2024
Close Date
Square Feet:
3,092
Bedrooms:
6
Bathrooms:
4
Garage Spaces:
4.00
Year Built:
1968
City:
Newport Beach
Zip:
92663
County:
Orange
MLS ID:
NP24123359

Home Features

Interior Features:
, Living Room Deck Attached
Exterior Features:
Appliances:
Dishwasher, Electric Range
Flooring:
Carpet
Laundry:
In Garage
Architectural Style:
Levels:
Two
Fireplace Features:
Living Room
Cooling:
None
Heating:
Forced Air
Utilities:
Natural Gas Connected, Water Connected
Pool Type Features:
None
Spa Features:
None
Construction Materials:
Stucco
Roofing:
Spanish Tile
Water Source:
Public
Sewage:
Public Sewer
Accessibility Features:

Community Information

MLS Area:
N8 - West Newport - Lido

Lot Information

Lot Size (sq feet):
3,250

Location Information

Directions:
Between 18th and 19th off of W. Bay

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

1811 W Bay Avenue Newport Beach CA 92663

Property Type:
Duplex
Bedrooms:
6
Bathrooms:
4
Interior SqFt:
3092
Interior Stories:
2
Year Built:
1968

1 Closed Properties

Address
Distance/Miles
Closed Price
Details
0.11 Miles
$3,200,000

4 Active Properties

Address
Distance/Miles
Active Price
Details
0.69 Miles
$3,850,000
1.5 Miles
$7,800,000
1.26 Miles
$10,995,000
0 Miles
$4,515,000