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$4,515,000 Est. $16,625 / mo.*

1811 W Bay Avenue Newport Beach , CA 92663

Property listed by Compass, Annie Clougherty annie.clougherty@compass.com

Description

6 Beds
4 Baths
3,092 Sqft
3,249 Sqft lot
0.07 Acre lot
Status: Activeundercontract
Property Type: Duplex
Year Built: 1968
Neighborhood: West Newport Beach (wsnb)
Days on Website: 139
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.

Open House

Property Details and Features

Property Access
Road surface type:
Paved
Appliances & Equipment
Dishwasher
ElectricRange
Bathrooms
2 main level bathrooms
4 full bathrooms
4 total bathrooms
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$4,515,000 - 6Br/4Ba - for Sale in West Newport Beach (wsnb), Newport Beach
Virtual Tour

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Contact an Agent

Haig Barsamian

877-522-7726 909-592-0123

Location

$4,515,000 -
1811 W Bay Avenue Newport Beach , CA 92663
Subdivision name: West Newport Beach (WSNB)

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Nearby Schools

Recent Sales in the Area