1811 W Bay AVE Active Save Request In-Person Tour Request Virtual Tour
Newport Beach,CA 92663
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision West Newport Beach (Wsnb)
MLS Listing ID NP24123545
HOA Y/N No
Year Built 1968
Lot Size 3,249 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, MLS ID#NP24060094) 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
Interior
Interior Features Living Room Deck Attached
Heating Forced Air
Cooling None
Flooring Carpet
Fireplaces Type Living Room
Inclusions washer/dryer and any existing appliances
Fireplace Yes
Appliance Dishwasher,Electric Range
Laundry In Garage
Exterior
Parking Features Garage,Garage Faces Rear
Garage Spaces 4.0
Garage Description 4.0
Fence None
Pool None
Community Features Suburban
Utilities Available Natural Gas Connected,Water Connected
Waterfront Description Across the Road Water Frontage,Beach Access,Beach Front,Bayfront
View Y/N Yes
View Bay,Back Bay,City Lights,Harbor,Marina,Water
Roof Type Spanish Tile
Total Parking Spaces 4
Private Pool No
Building
Lot Description Street Level
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 04718111
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Trust