Open House is December 2nd, 1-4pm. Property tours are also available December 9th & 10th from 12-4pm. Please contact the listing broker to schedule a tour.
Investment Overview:
Unobstructed panoramic ocean and Catalina Island views
Sale includes 2 parcels (APN 656-112-14 and 656-112-13)
Total acreage is .34 acres
Perched on a bluff above the Pacific Coast Hwy
Excellent condition of the building, and flexibility with configuration
Zoned R-3 Residential:Artists' joint living and working units
Extended care facility
Nursery school
Short-term lodging
Unit Matrix:
Apt A- 3 Bdrms, 1 Bth, 900 SF
Apt B- 4 Bdrms, 2 Bths, 1500 SF
Apt C- 2 Bdrms, 2 Bths, 1200 SF
Apt D- 1 Bdrm, 1 Bth, 350 SF * Studio
Apt E- 1 Bdrm, 1 Bth, 350 SF * Studio
Investment Overview:
Laguna Beach Multifamily (The Property) is an approximately 4,300 SF building sitting on 2 parcels totaling approximately 15,000 square feet. Located in Laguna Beach California, the lots are zoned R-3, which allows for great flexibility and plenty of options for the owner. The Property is perched on a bluff above the Pacific Coast Hwy, which offers unobstructed panoramic ocean and Catalina Island views. The bu
The building is immaculately maintained, and has been family owned and managed like it was their own home. Configured for five units, but permitted for two units, the building includes three levels and four floor plans from studios to 3 bedroom, and 1 and 2 bathrooms with washer and dryers in each residence. Many upgrades and improvements to complement the old world charm of the original structure. Upgraded decks and railings, dual glazed vinyl windows throughout, new interior and exterior paint, considerable new electrical wiring and fixtures, new electrical panel, LED lighting throughout, new flooring & carpet, several new plumbing fixtures, two fireplaces, and approximately 50' of new cedar wood fencing. The adjacent and included 7,500 square foot lot is well cared for and landscaped with mature plants and trees. The property also includes a detached over-sized 2-car garage. This is a very unique property due to the incredible panoramic ocean views, excellent condition of the building, and flexibility with R-3 zoning and its current configuration.
Laguna Beach is a coastal city in Orange County, California. It's known for its many art galleries, coves and beaches. The main beac
