1811 W Bay Avenue

Newport Beach, CA 92663

PRICE REDUCED

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-$695,000 (-14.20%)

$4,200,000

List Price

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1968

calendar_month Built

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 $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!

Listing Information

List Price $4,200,000
Status Active
MLS NP24123545
HOA $0
Type Residential Income
Subtype Duplex
Year Built 1968
Lot Size 3,250
Structure Size N/A
DOM 184
Courtesy Of Compass
Listing Agent Annie Clougherty DRE#01716801

Interior Features

Laundry Information
Location(s) In Garage
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Carpet
Fireplace Information
Features Living Room
Additional Information
Additional Features Living Room Deck Attached
Cooling Type
Cooling Type None
Heating Type
Heating Type Forced Air

Exterior Information

Other Structures
Views Bay, Back Bay, City Lights, Harbor, Marina, Water

Maps

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Listing information courtesy of: Annie Clougherty, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 8th, 2025 at 11:48 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.