$4,515,000
Accepting Backup Offers

1811 W Bay Avenue

Newport Beach, CA 92663
3092 sqft | 6 beds | 4 baths | 0.07 acres | #NP24123359
Listing OfficeCompass
Browse 61 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

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.

  • Interior Details
      • InteriorEatInKitchen, LivingRoomDeckAttached
    • Beds & Baths
      • Bedrooms6
      • Bathrooms4
      • Full Baths4
  • Property Details
      • ViewBay, BackBay, CityLights, Harbor, Marina, Water
      • Lot DescriptionStreetLevel
      • Stories2
    • Measurements
      • Acres0.0746
      • Square Feet3092
    • Parking
      • Parking Spaces4
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1968
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesNaturalGasConnected, WaterConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionWest Newport Beach (WSNB)
    • Location
      • School DistrictNewport Mesa Unified
      • High SchoolNewport Harbor
      • Elementary SchoolNewport
      • Middle SchoolEnsign
      • CountyOrange
  • Financial Details
      • Original List Price$4,895,000
  • Other
      • MLS #NP24123359

Location

Pam and Carson Real EstateReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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