CA > Newport Beach
Newport Beach, CA 92663,1811 W Bay Avenue
Newport Beach, CA 92663,1811 W Bay Avenue
Newport Beach, CA 92663,1811 W Bay Avenue
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Altie Schmitt

Altie Schmitt

+1(925) 528-8000
Listed by Annie Clougherty • Compass
$4,200,000
Est. payment /mo
6 Beds
4 Baths
3,092 SqFt
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OPEN HOUSE

Sat Apr 26, 11:30am - 2:30pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 3,092 sqft

Price per Sqft $1,358

MLS Listing ID CRNP24255097

Bedrooms 6

Full Baths 4

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1968

Lot Size 3,250 Sqft

Property Sub-Type Duet

Property Description

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. Don’t miss this unique chance to secure a premier bayfront location with unlimited potential. Your coast

Location

State CA

County Orange

Interior

Heating Forced Air

Cooling None

Flooring Carpet

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Electric Range

Laundry In Garage

Exterior

Garage Spaces 4.0

Pool None

View Bay, City Lights, Marina, Water, Other

Private Pool false

Building

Lot Description Other

Story 2

Foundation Slab

Water Public

Schools

School District Newport-Mesa Unified

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agent

Altie Schmitt

+1(925) 528-8000

Partner at Village Associates | License ID: 00924672

Partner at Village Associates License ID: 00924672

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