1811 Bay Avenue, Newport Beach

$4,200,000

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6

Beds

4

Baths

0.07

Acres

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
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
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
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
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
Lot Description Street Level
Roof Spanish Tile
Construction Stucco
Foundation Slab

Additional Information

Date Listed June 17th, 2024
Days on Market 187
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAnnie Clougherty
OfficeCompass

Listing Map

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