Amazing investment opportunity in downtown Laguna Beach. This property is in excellent condition and has been professionally managed for years. Walk to the beach, walk to downtown. There is a two bedroom "owner's unit" plus six one bedroom units and a studio. These units are in high demand and never have a vacancy of any meaningful length. Plumbing has been completely updated. Roof has been recently replaced. The property has been in the same family for decades and they have taken very good care of it. but now they have decided it is time to sell. Up to date financials are available with a successful offer as well as copies of all existing leases. All leases are for one year terms and they expire at various times throughout the year. The units are thoroughly inspected and refurbished as needed each time a tenant moves out so there is no "deferred" maintenance.
|
DAYS ON MARKET
|
65
|
LAST UPDATED
|
7/15/2022
|
|
TRACT
|
The Village (VIL)
|
YEAR BUILT
|
1953
|
|
COMMUNITY
|
Laguna Village
|
COUNTY
|
Orange
|
|
STATUS
|
Sold
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
None |
| AREA |
Laguna Village |
| GARAGE |
Assigned, Carport |
| HOA DUES |
0 |
| LOT |
5663 sq ft |
| LOT DESCRIPTION |
Landscaped |
| LOT DIMENSIONS |
114 x 44 |
| PARKING |
Assigned,Carport |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
The Village (VIL) |
| TAXES |
8128 |
| UTILITIES |
Cable Connected,Electricity Connected,Sewer Connected,Water Connected, Electric: Standard |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
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Listed with The Silver Group
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/18/24 10:06 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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