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Listed by Annie Clougherty • Compass
$ 4,200,000
Est. payment | /mo
3,092 SqFt
$ 4,200,000
Est. payment | /mo
3,092 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,092 sqft
Price per Sqft $1,358
MLS Listing ID CRNP24123545
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1968
Lot Size 3,250 Sqft
Property Sub-Type Duplex
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 bayfron
Location
State CA
County Orange
Interior
Heating Forced Air
Cooling No Air Conditioning
Flooring Carpet
Fireplace No
Laundry In Garage
Exterior
View Bay, City Lights, Marina, Water, Other
Building
Lot Description Other
Water Public
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