Price $4,395,000
Status Active
Beds n/a
Baths 0 baths
Home size 3,550 sq ft
Lot Size 6,098 sqft
Days on Market 38
Seller will consider Carrying First TD Financing!! The Laguna House is located within a short walking distance to the venues, boutiques, restaurants, and all of the Downtown Village of Laguna Beach. The property has had the same attentive /active ownership/management for the past 25 years and represents a rare opportunity to acquire a property of this size in Laguna Beach. The Laguna House has been very well maintained and features extensive brick hardscape and concrete driveways, walkways, parking pads, and private resident/communal gathering areas. Because coastal rental rates have escalated so rapidly over the past seven years to historic levels, there is significant upside attainable for any new owner without further investment - property and improvements are in immaculate condition including roof. The property features a charming and quaint front 2bd/1ba residence with F/P, 3 parking spaces, private side patio and vaulted wood-beamed ceilings. There are (2) studios, (5) 1bd/1ba units and a 2bd/1ba unit as well. There is a private deck off one upstairs unit affording spectacular coastal and whitewater views. Other units have ocean views too. Some units offer dishwashers, and all units include gas cooking ranges, and refrigerators. There are a total of (8) off street parking spaces (4) of which are covered. This is an absolute must see Laguna Beach heart of the village property. Seller will consider carrying all financing. Proforma show Market rents.
Property Type(s): ResidentialIncome
Last Updated 5/12/2017 Tract The Village (VIL)
Year Built 1948 Community Laguna Village
County Orange Total Parking 4
Walk Score ® 96

Additional Details

ARCHITECTURALSTYLE Bungalow
BUILDINGAREAUNITS Square Feet
CARPORTSPACES 4.00
COMMONWALLS 2+ common walls
COMMUNITYFEATURES Suburban
ELEVATIONUNITS Feet
FIREPLACEFEATURES Living Room
FLOORING Carpet, Tile
GARAGESPACES 0.00
HEATING Space Heater, Wall Heater
INTERIORFEATURES Balcony, Beamed Ceilings, Cathedral-Vaulted Ceilings
LANDLEASEYN 0
LAUNDRYFEATURES Community
LEVELS Two
LOTFEATURES Gentle Slope
LOTSIZESOURCE Assessor
LOTSIZEUNITS Square Feet
MLSAREAMAJOR LV - Laguna Village
POOLFEATURES None
PRICEPERSQUAREFOOT 1238.03
PROPERTYTYPE Residential Income
ROADFRONTAGETYPE City Street
ROADSURFACETYPE Paved
ROOF Common Roof, Composition
SPECIALLISTINGCONDITIONS Standard
UTILITIES Sewer Connected
VIEW City Lights, Coastline, Mountain, Neighborhood, Ocean, Panoramic, White Water
WATERSOURCE Public

Location

 

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Listing provided by : Steven Brombal, Berkadia Real Estate Advisors

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