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$4,515,000

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6 BD

4 BA

3,092 SqFt

Open Sat 1PM-4PM

1811 W Bay Avenue Newport Beach, CA 92663

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Kurt Wannebo

kurt@wanneboreg.com +1(858) 405-5878

OPEN HOUSE

Sat Jan 18, 1:00pm - 4:00pm

Sun Jan 19, 1:00pm - 4:00pm

UPDATED:

01/16/2025 09:17 AM

Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 3,092 sqft

Price per Sqft $1,460

MLS Listing ID NP24255097

Style Townhome

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1968

Lot Size 3,250 Sqft

Acres 0.0746

Property Description

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 $13,500/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. Dont miss this unique chance to secure a premier bayfront location with unlimited potential. Your coastal dream awaits!
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 $13,500/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. Dont miss this unique chance to secure a premier bayfront location with unlimited potential. Your coastal dream awaits!

Location

State CA

County Orange

Area Oc - Newport Beach (92663)

Interior

Interior Features Living Room Deck Attached

Flooring Carpet

Fireplaces Type FP in Living Room

Equipment Dishwasher, Electric Range

Appliance Dishwasher, Electric Range

Laundry Garage

Exterior

Exterior Feature Stucco

Parking Features Garage

Garage Spaces 4.0

Utilities Available Natural Gas Connected, Water Connected

View Bay, Marina, Water, Back Bay, Harbor, City Lights

Roof Type Spanish Tile

Total Parking Spaces 4

Building

Story 2

Lot Size Range 1-3999 SF

Sewer Public Sewer

Water Public

Level or Stories 2 Story

Others

Monthly Total Fees $44

Miscellaneous Suburban

Acceptable Financing Cash To New Loan

Listing Terms Cash To New Loan

Listed by Annie Clougherty • Compass

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Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

1811 W Bay Avenue Newport Beach, CA 92663

Kurt Wannebo

OPEN HOUSE

Key Details

Location

Interior

Exterior

Building

Others

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1811 W Bay Avenue