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Laguna Beach,CA 92651
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.