6
beds
4
baths
3,092
sqft
Built in
1968
Welcome to 1811 W. Bay Ave, a rare bayfront duplex with a prime location directly in front of the tranquil sandy bay beach of picturesque Marina Park. This 6-bedroom, 4-bathroom property offers approximately 3,000 square feet of living space and includes a 4-car garage, presenting an incredible opportunity to create your ideal bayfront dream. Owned by the same family for over 60 years, this property is ready for your vision. Options abound: Investors: Rent out the existing two 3-bedroom, 2-bath units to maximize income, with combined rents approximated at $15,000/month in its current condition and with a little refresh, much more. Homeowners: Live in one unit and rent out the other, or transform the property into your very own bayfront home with additional income. Developers: Explore a condo conversion opportunity to create two separate residences. Short-term lodging is permissible (subject to permitting), adding flexibility to your investment. For those considering a 1031 exchange, this is an ideal candidate. BONUS OPPORTUNITY: The neighboring duplex at 1809 W. Bay is also available for sale, offering an exceptionally rare chance to own two side-by-side bayfront properties. Dont miss this unique chance to secure a premier bayfront location with unlimited potential. Your coastal dream awaits!
-
Listing Status:
-
Active
-
Date Added:
- December 27, 2024
—
125 days ago
-
Listing Office:
-
Compass, Annie Clougherty (949-375-3037)
-
Office Phone:
-
949-438-4340
-
MLS ID:
-
NP24255097
Features & Amenities
Interior
- General:
- Living Room Deck Attached
- Laundry:
- Garage
- Flooring:
- Carpet
- A/C:
- N/K
- Heating:
- Forced Air Unit
- Fireplace:
- FP in Living Room
Exterior
- General:
- Stucco
- Pool:
- N/K
- Parking:
- Parking spaces: 4
Construction
- Roofing:
- Spanish Tile
- General:
- 2 Story
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- California Regional MLS
- County:
- Orange
Lot
- Topography:
- Level
- Zoning:
- 04718111
- View:
- Bay, Marina, Water, Back Bay, Harbor, City Lights
- Fencing:
- N/K
Utilities
- Utilities:
- Natural Gas Connected, Water Connected
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- California Regional MLS
This listing courtesy of:
Compass, Annie Clougherty
Monthly Payment
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
*Your actual payment may vary based on your unique situation.
$--- Est. Payment
-
$--- BAH
=
$--- Remaining
About Newport Beach, CA
Housing
- Number of Units
- 32,933
- Median Home Value
- $1,108,062
- Median Rent
- $2,050
52.55%
of
housing units are renter occupied.
15.14% are vacant.
Commute
- Car
-
52.33%
- Public Transportation
-
0.19%
- Walk to Work
-
1.03%
- Work from Home
-
45.11%
- Other
-
0.65%
The median travel time to work is
15 minutes.
People
- Population
- 61,724
- Median Age
- 46.20
- Median Household Size
- 2.43
Education
- High School
-
7.46%
- Associate’s Degree
-
6.48%
- Bachelor’s Degree
-
40.94%
- Graduate Degree
-
26.28%
Disclaimer: Community and Demographic information uses data from the U.S.
Census Bureau
but is not endorsed or certified by the Census Bureau.
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