1811 W Bay AVE, Newport Beach, CA 92663 – NP24123359

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Gary Heflin

gheflin7@gmail.com +1(619) 379-1758

$ 4,515,000

Est. payment -/mo

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Active Under Contract

1811 W Bay AVE Newport Beach, CA 92663

6 Beds

4 Baths

3,092 SqFt

UPDATED:

10/21/2024 04:38 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,092 sqft

Price per Sqft $1,460

Subdivision West Newport Beach (Wsnb)

MLS Listing ID NP24123359

Bedrooms 6

Full Baths 4

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) 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

Rooms

Main Level Bedrooms 3

Interior

Interior Features Eat-in Kitchen, 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

Garage 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

Porch Deck, Patio, Porch

Attached Garage Yes

Total Parking Spaces 4

Private Pool No

Building

Lot Description Street Level

Dwelling Type Duplex

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

Elementary Schools Newport

Middle Schools Ensign

High Schools Newport Harbor

School District Newport Mesa Unified

Others

Senior Community No

Tax ID 04718111

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Trust

Listed by Annie Clougherty • Compass • annie.clougherty@compass.com

Gary Heflin

Agent | License ID: 01356275

+1(619) 379-1758

Gary Heflin

1811 W Bay AVE Newport Beach, CA 92663

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1811 W Bay AVE