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222 Arch St
Laguna Beach, CA 92651
Multifamily Property For Sale
·
13 Units
Investment Highlights
- PRIDE OF OWNERSHIP & ADU: 'Legacy Asset' & ‘A Location’ 300 Feet from Pacific Ocean. 380 SF ADU Studio & Bath Bones Existing, Just Need Permits
- NEWLY INSTALLED ROOF: The property features a roof that was installed in April 2024
- DESIRABLE AMENITIES: All Units Have Ocean Views, Dishwashers, Stacked Washer/Dryer, Disposal, Built in Microwave
- POTENTIAL ADU: There is approximately 380 square feet of space that was previously used as a laundry room and a storage room
- OUTSTANDING UNIT MIX: Built in 1971, The Complex Has an Outstanding Unit Mix of 100% Two- and Three- Bedroom Units
- RECENT IMPROVMENTS: There Have Been Recent Interior Renovations Including Granite Countertops and Cabinets, New Flooring, New Custom Bathrooms
Property Facts
| No. Units | 13 | Building Size | 13,100 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1971/2017 |
| Building Class | C | Parking Ratio | 1.3/1,000 SF |
| Lot Size | 0.30 AC | ||
| Zoning | R3 - Multifamily | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 13,100 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1971/2017 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | R3 - Multifamily |
Amenities
- Smoke Detector
Unit Amenities
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Views
- Vinyl Flooring
- Quartz Countertops
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | $3,800 | 925 |
| 2+2 | 7 | $4,250 | 1,050 |
| 3+2 | 1 | $5,500 | 1,125 |
Property Taxes
| Parcel Number | 656-112-06 | Improvements Assessment | $2,788,796 |
| Land Assessment | $8,924,152 | Total Assessment | $11,712,948 |
Property Taxes
Parcel Number
656-112-06
Land Assessment
$8,924,152
Improvements Assessment
$2,788,796
Total Assessment
$11,712,948
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