About 1811 Bay Avenue
Bayfront Opportunity – Endless Potential! 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 $14,000/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 single-family bayfront home with an ADU. 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. Don’t miss this unique chance to secure a premier bayfront location with unlimited potential. Your coastal dream awaits!
Features of 1811 Bay Avenue
MLS® # | NP24123545 |
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Price | $4,200,000 |
Bedrooms | 6 |
Bathrooms | 4.00 |
Acres | 0.07 |
Year Built | 1968 |
Type | Residential Income |
Sub-Type | Duplex |
Status | Active |
Community Information
Address | 1811 Bay Avenue |
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Area | N8 - West Newport - Lido |
Subdivision | West Newport Beach (WSNB) |
City | Newport Beach |
County | Orange |
Zip Code | 92663 |
Amenities
Utilities | Natural Gas Connected, Water Connected |
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Parking Spaces | 4 |
Parking | Garage, Garage Faces Rear |
# of Garages | 4 |
Garages | Garage, Garage Faces Rear |
View | Bay, City Lights, Water, Back Bay, Harbor, Marina |
Is Waterfront | No |
Waterfront | Across the Road Water Frontage, Bay Front, Beach Access, Beach Front |
Has Pool | No |
Pool | None |
Interior
Interior | Carpet |
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Interior Features | Living Room Deck Attached |
Appliances | Dishwasher, Electric Range |
Heating | Forced Air |
Cooling | None |
Has Basement | No |
Fireplace | Yes |
Fireplaces | Living Room |
# of Stories | 2 |
Stories | Two |
Exterior
Exterior | Stucco |
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Lot Description | Street Level |
Roof | Spanish Tile |
Construction | Stucco |
Foundation | Slab |
Additional Information
Date Listed | June 17th, 2024 |
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Days on Market | 187 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Annie Clougherty |
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Office | Compass |