1811 W Bay Avenue Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
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
Year Built 1968
Lot Size 3,250 Sqft
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
Flooring Carpet
Fireplaces Type FP in Living Room
Equipment 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
Building
Story 2
Sewer Public Sewer
Water Public
Others
Monthly Total Fees $44
Acceptable Financing Cash To New Loan
Listing Terms Cash To New Loan