Back on market. Buyer could not perform. Subject to cancelation of existing escrow.
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!
Assessed Value is a combination of the land and additions.
2023
(+)
Land 4,028,760 +
Additions 132,840
2021
(+)
Land 114,404 +
Additions 85,217
2019
(+)
Land 111,010 +
Additions 82,691
2018
(+)
Land 108,833 +
Additions 81,070
2017
Land 106,699 +
Additions 79,481
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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