Homes for sale - 1811 W Bay Avenue, Newport Beach, CA 92663

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Basak Cakici

basakcakici@gmail.com +1(510) 684-3939

$ 4,515,000

Est. payment | -/mo

6 Beds

4 Baths

3,092 SqFt

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$ 4,515,000

Est. payment | -/mo

Save Virtual Tour

6 Beds

4 Baths

3,092 SqFt

Key Details

Property Type Commercial

Sub Type Duet

Listing Status Pending

Purchase Type For Sale

Square Footage 3,092 sqft

Price per Sqft $1,460

MLS Listing ID CRNP24123359

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1968

Lot Size 3,250 Sqft

Acres 0.0746

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 Listing

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

Utilities Available Natural Gas Connected

View Y/N true

View Bay, City Lights, Marina, Water, Other

Total Parking Spaces 4

Private Pool false

Building

Lot Description Other

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two Story

New Construction No

Schools

School District Newport-Mesa Unified

Others

Tax ID 04718111

© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by Annie Clougherty • Compass

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Basak Cakici

Realtor & Architect | License ID: DRE# 02035715

+1(510) 684-3939

1811 W Bay Avenue Newport Beach, CA 92663

Basak Cakici

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1811 W Bay Avenue