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Remodeled Duplex with Covered Deck

1311 W Bay Avenue, Newport Beach, CA 92661

For Sale
$4,995,000

Two residences combine updated interiors with separate climate control, a two-car garage, and covered carport parking.

Property Size2,335 SF
Price / SF$2,139
Days on Market181

Property Features for 1311 W Bay Avenue

General Information

Standard status Active
Size 2,335 SF
Total Parking Spaces 5
Property subtype Duplex

Units

Unit Mix 1 x 2BR/2BA, 1 x 3BR/2BA
Multifamily Units 2

Amenities

custom steel bifold doors
hardwood flooring
custom beadboard and wainscoting
custom built-ins
designer lighting
covered entertaining deck
custom shade structure
gas and water hookups
fireplaces
custom media cabinetry
motorized Hunter Douglas shades
smart home features
mini-split HVAC
Kolbe windows and doors
security system
leak detection system
EV charging infrastructure
attached two-car garage
covered three-car carport

Building Details

Building Size 2,335 SF
Year Built 1947
Year Renovated 2021
Buildings 1
Construction coastal-modern
Listing Agency: Coldwell Banker Realty
Listed By: Tim Smith · License #01346878
Source: Timcarrgroup
Added: May 12 Changed: Nov 7 Last Checked: Nov 7 at 1:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Rey
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Investment Insights

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Remodeled in 2021, this 2,335-square-foot duplex contains two residences. The lower unit has two bedrooms and two full bathrooms; the upper unit has three bedrooms, two full bathrooms, and a covered entertaining deck with a shade structure plus gas and water hookups. Interior finishes include hardwood flooring, custom built-ins, fireplaces, and updated kitchens and baths. Each residence has separate LG mini-split HVAC systems, with individualized climate control in living areas and bedrooms. Smart-home features, security and leak-detection systems, and EV charging infrastructure are also installed.

Parking includes an attached two-car garage with epoxy flooring and custom cabinetry, along with a covered three-car carport. The property is in Newport Beach, moments from the beach, bayfront recreation, the Fun Zone, cafes, restaurants, and waterfront activities.

Key Highlights

  • 2,335‑square‑foot duplex remodeled in 2021
  • Lower unit: 2 bedrooms and 2 full bathrooms; upper unit: 3 bedrooms and 2 full bathrooms
  • Upper residence includes a covered deck with gas and water hookups

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

503
Businesses Nearby

Demographics for 92661, CA

3,457
Population
2,727
Households
1.3
Avg Household Size
48
Median Age
58%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
4,939
Density / Sq Mi
$209,620
Median Household Income
$135,407
Median Earnings
$2,836
Median Rent
$2,000,001
Median Home Value
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Market

Average Price Trend$/SF for Duplexes in Newport Beach, CA

$1,452 Jul
$1,096 Aug
$1,210 Sep
$1,445 Oct

Properties on Market for Duplexes in Newport Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences combine updated interiors with separate climate control, a two-car garage, and covered carport parking.
Where is this duplex located?
The property is located at 1311 W Bay Avenue Newport Beach, CA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: 2,335‑square‑foot duplex remodeled in 2021; Lower unit: 2 bedrooms and 2 full bathrooms; upper unit: 3 bedrooms and 2 full bathrooms; Upper residence includes a covered deck with gas and water hookups
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