220 Cliff DR Active

Laguna Beach,CA 92651

$ 4700000

- Bed

- Bath

3319 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Residential

Listing Status Active

Purchase Type For Sale

Square Footage 3,319 sqft

Price per Sqft $1,416

MLS Listing ID OC24227413

HOA Y/N No

Year Built 1949

Lot Size 4,791 Sqft

Acres 0.11

Property Description

***Price Reduced***5 Units in Iconic Laguna Beach! Income Property with Stunning Ocean Views – A Rare Investment Opportunity!

Step into the essence of coastal charm and timeless elegance with this quintessential Laguna Beach cottage-style income property! This is more than just an investment; it's a chance to own a piece of paradise in one of the most coveted locations along the California coast.

Imagine whitewater views stretching over Main Beach from every angle, bringing in the tranquility and allure of the ocean. This exceptional property includes five legal, non-conforming units that make it truly stand out in the Laguna rental market.

Unit Mix: (2) 2bd/2b, (2) 1bd/1b, (1) Studio – ideal for maximizing rental income and catering to diverse tenant needs.
Prime Location: Just a stone's throw from Main Beach and the vibrant Laguna Beach Downtown, where shops, art galleries, and restaurants await.
Move-in Ready: All units capture the laid-back charm that defines Laguna Beach living.
Whether you're a seasoned investor or a discerning buyer seeking the perfect coastal property, this is an unmissable opportunity. With its unbeatable location, ocean views, this property is positioned for exceptional income potential and long-term appreciation.

Location

State CA

County Orange

Area Nl - North Laguna

Interior

Heating Electric

Cooling None

Appliance Gas Range,Refrigerator

Laundry Common Area,Dryer Included,Individual Room,Washer Included

Exterior

Parking Features Garage

Garage Spaces 3.0

Pool None

Community Features Hiking,Watersports

Utilities Available Electricity Connected,Natural Gas Connected

Roof Type Composition

Private Pool No

Building

Lot Description Front Yard

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Special Listing Condition Standard,Trust

Confidential INFO

TERMS Cash,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

PRIVATE REMARKS All tenants are on MTM terms Most are very long term tenants so please be respectful. Buyer to verify square footage (lot and structure) and all MLS information. Broker and broker's agents do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/ dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information.

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Patti Gregory L/A

SHOW CONTACT PH 714.398.1998

SHOW INSTRUCTIONS Please call Patti 714.398.1998 and please do not disturb tenants. I can meet you at the property to inspect the exterior. Interior inspection after we have an accepted offer and open escrow.

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