1811 W Bay Avenue, Newport Beach, CA 92663

$4,895,000 Asking Price

6 beds
4 baths
3,092  sqft
Built in 1968

Introducing an exceptional investment opportunity: a unique duplex in Newport Beach's prestigious Balboa Peninsula, directly opposite the serene Mothers Beach. With unobstructed bay views and no front-facing neighbors, this property exemplifies prime Newport Beach real estate. Each unit, featuring three bedrooms and two full bathrooms, offers diverse income potential. Live in one unit while leasing the other, or rent both for maximum income. Additionally, there is potential to convert the units into condos. There is a rare four car garage that offers ample parking. The property has been recently upgraded with new carpet, and there is an opportunity to purchase the neighboring property at 1809 W. Bay. This is a rare, once-in-a-lifetime chance to invest in Newport Beach. For more details, the current floor plan is available in the supplements for review.

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:
None
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

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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