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1811 W Bay Ave, Newport Beach, CA 92663
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1811 W Bay Ave Newport Beach, CA 92663

$4,895,000
  • 6 Beds
  • 4 Baths
  • 3,092 Sq.Ft.
For Sale
$4,895,000 Get Pre-Qualified
Map preview of 1811 W Bay Ave, Newport Beach, CA 92663

Property Overview: 1811 W Bay Ave Newport Beach, CA has 6 bedrooms, 4 bathrooms, 3,092 living square feet and 3,250 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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, MLS ID#NP24060094) 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.

Listed by Annie Clougherty | BRE #01716801 | Compass
Last checked: 12 minutes ago | Last updated: September 15th, 2024 | Source CRMLS | DOM: 82

Home details

Lot Sq. Ft
3,250
HOA Dues
$0/mo
Year built
1968
Garage
4 Car
Property Type:
Duplex
Status
Active
MLS#
NP24123545
City
Newport Beach
County
Orange
Time on Site
90 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $4,500
  • Pro Forma/Market Rent: $5,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $6,500
  • Pro Forma/Market Rent: $7,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 1811 W Bay Ave

No upcoming open houses

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Property Details for 1811 W Bay Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Electric Range
Interior Features
  • Living Room Deck Attached
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Spanish Tile
  • No Fence
  • None
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Back Bay, Bay, City Lights, Harbor, Marina, Water
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 04718111
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Offered With Property: washer/dryer and any existing appliances
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: West Newport Beach (WSNB)
  • Directions: Between 18th and 19th off of W. Bay
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Newport Beach Agent

Sale History for 1811 W Bay Ave

View property's historical transactions

  • June, 2024

  • Jun 19, 2024

    Date

    Active

    CRMLS: NP24123545

    $4,895,000

    Price

Tax History for 1811 W Bay Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1811 W Bay Ave is listed 11.78% higher than the median list price for the city of Newport Beach which has a median list price of $4,379,000. The median price per/sqft for Newport Beach is $1,539 and this home is listed at $1583.12 per/sqft which puts the price per square foot 2.87% higher than the median price per square foot for the city of Newport Beach.

About 1811 W Bay Ave

Detailed summary of property

1811 W Bay Ave is a duplex located in Newport Beach, CA 92663 and is currently for sale. This duplex offers 6 bedrooms, 4 bathrooms, roughly 3,092 living square feet, and sits on an approximately 3,250 square foot lot. 1811 W Bay Ave was first listed on ArdentRealEstateGroup.com on June 17, 2024. The homeowner is currently asking $4,895,000. The median priced home in Newport Beach is $4,379,000 with a median price per square foot of $1,539. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is listed 11.78% higher than the median priced home. Local competing homes currently for sale include 1826 Pomona Ave, 114 W Onyx Ave and 117 Marine Ave. While the average home in Newport Beach, CA is selling in 94 days, 1811 W Bay Ave has a days on market of 82 days. There are currently 269 homes for sale in the Newport Beach real estate market and 200 of them are single family homes while 55 of them are condos and 14 are townhomes. For more information on this home for sale at 1811 W Bay Ave Newport Beach, CA 92663 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1811 W Bay Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

92663 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,950,000
Median List Price/Sq.Ft.
$1,653
Median Sold Price
$2,670,000
Median Sold Price/Sq.Ft.
$1,489
Total Inventory
93
Median Sale to List Price %
92.23%
Avg Days on Market
51
Loan Type
Conventional (28%), FHA (4%), VA (0%), Cash (32%), Other (36%)

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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