618 S Coast Hwy
Laguna Beach, CA 92651
Retail & Multi-Family Purchase Opportunity · Multifamily Property For Sale
·
5 Units
Property Facts
| No. Units | 5 | Building Size | 4,005 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1965/2018 |
| Building Class | C | Parking Ratio | 2.75/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | C-1 - Mixed-Use | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 4,005 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1965/2018 |
| Parking Ratio | 2.75/1,000 SF |
| Zoning | C-1 - Mixed-Use |
Amenities
Site Amenities
- Courtyard
- Gated
- Storage Space
About 618 S COAST HWY , LAGUNA BEACH, CA 92651
• Ideal owner/user or investment opportunity • Spectacular blue water views! • Completely renovated in June 2018 • 2-level retail/office unit • One 2-bedroom/2-bath unit • Three 1-bedroom/1-bath units • Located across from Pacific Ocean and just a short walk from Downtown Laguna Beach • Walking distance to numerous amenities • Investment information: Pro-forma monthly rents Commercial unit: $8,000 2-bedroom unit: $8,000 1-bedroom unit: $3,000 1-bedroom unit: $3,000 1-bedroom unit: $3,000 Total pro-forma gross monthly income: $25,000 Pro-forma gross annual income: $300,000 • 3 story building • Frame/Stucco • Built 1965/2018 • Parking: 10 Vehicles/14 Tandem • WiFi Ready • Commercial Space: 1,267± SF (2 Levels) • Residential Space: 2,833± SF (2 Levels) • 2-Bedroom Unit: New Kitchen & Bathroom, Pantry & Wine Bar, Walk-In Closet, Private Courtyard, Private Roof Deck (800± SF) • 1-Bedroom Units: New Kitchens & Bathrooms, Custom Closets, Private Balconies (2 of 3 Units) • Sale price TBD
Property Taxes
| Parcel Number | 644-036-29 | Improvements Assessment | $404,251 |
| Land Assessment | $5,007,909 | Total Assessment | $5,412,160 |
Property Taxes
