1811 West Bay Avenue
$4,515,000
6
4
3,092
3,092
$1,460
Listed By Compass
Active Under Contract
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...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.
Property Details for 1811 West Bay Avenue
View
Back Bay, Bay, City Lights, Harbor, Marina, Water
Parking Spaces Total4
Private PoolNo
Cooling TypeN/K
Total Units2.0
Building TypeDetached
Lot Size SourceAssessor
Living Area3092
LISTING UPDATED: 10/21/2024 02:18 AM
Property Details for 1811 West Bay Avenue
Status | Active Under Contract |
---|---|
MLS # | NP24123359 |
Days on Market | 124 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Townhouse |
MLS Type | Residential |
Year Built | 1968 |
Lot Size | 0.07 AC / 3,250 SF |
County | Orange County |
Building Information for 1811 West Bay Avenue
Stories2Residences-Year Built1968Building Size-Lot Size0.07 AC / 3,250 SF
Property Information for 1811 West Bay Avenue
Property History for 1811 West Bay Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1811 West Bay Avenue
Taxable ValueLand$4,028,760Additions$132,840Total$4,161,600
Tax Record2024$44,336 ($3,695 / month)
Home Facts
Total Finished SqFt2,982 SqFtAbove Grade Finished SqFt2,982 SqFtLot Size3,178 SqFtStyleMulti-Family Res (5+ Units)Year Built1968CountyORANGEAPN047-181-11
Schools near 1811 West Bay Avenue
This home is within Newport-Mesa Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Newport Elementary School PublicK to 6 | ||
Horace Ensign Intermediate School Public7 to 8 | ||
Newport Harbor High School Public9 to 12 | ||
Monte Vista High School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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