1811 W Bay AVE, Newport Beach, CA 92663 - MLS#CRNP24123359

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Eric Boyenga

e@boyenga.com +1(408) 506-3942

$ 4,515,000

Est. payment | -/mo

6 Beds

4 Baths

3,092 SqFt

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$ 4,515,000

Est. payment | -/mo

Save Virtual Tour

6 Beds

4 Baths

3,092 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Contingent

Purchase Type For Sale

Square Footage 3,092 sqft

Price per Sqft $1,460

MLS Listing ID CRNP24123359

Bedrooms 6

Full Baths 4

Originating Board California Regional MLS

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.

Location

State CA

County Orange

Area N8 - West Newport - Lido

Rooms

Dining Room In Kitchen, Dining Area in Living Room

Kitchen Dishwasher, Oven Range - Electric

Interior

Heating Forced Air

Cooling None

Fireplaces Type Living Room

Laundry In Garage

Exterior

Garage Garage

Garage Spaces 4.0

Fence None

Pool 31, None

View Bay, Marina, Water, City Lights

Roof Type Tile

Building

Lot Description Grade - Level

Foundation Concrete Slab

Water District - Public

Others

Tax ID 04718111

Special Listing Condition Accepting Backups

Listed by Annie Clougherty • Compass

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA