This is a well maintained mixed-use investment property located on the iconic Pacific Coast Highway in South Laguna Village. Rare mixed-use apartment/retail property containing (6) total units. The mix of units consist of (1) Studio, (2) 1BR/1BA,(1) 2BR/1BA and (2) retail stores. Quality tenants in place as both the nail salon and the tailoring & Design business have more than 15 years in this location; and the apartments tenants truly love this as their home. This property now utilizes a resident-utility-billback-system as the landlord has no utility costs. Adjacent to the property are coveted Table Rock & 1,000 Steps Beaches, known for dramatic rock formations and stunning views; Vacationers and local beach goers are driven to this area throughout the year. With stabilized rents and updated interiors, a new owner can rely on reliable income and phenomenal historical appreciation.
|
DAYS ON MARKET
|
176
|
LAST UPDATED
|
9/16/2021
|
|
YEAR BUILT
|
1935
|
COMMUNITY
|
South Laguna
|
|
COUNTY
|
Orange
|
STATUS
|
Sold
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
|
Prior to Jun 15, '21
|
$2,999,000
|
| Jun 15, '21 - Today |
$2,950,000 |
| AREA |
South Laguna |
| HOA DUES |
0 |
| LOT |
3250 sq ft |
| LOT DESCRIPTION |
2-5 Units/Acre |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Coastline,Ocean |
| WATER |
Public |
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Listed with Coldwell Banker Realty
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 4/26/24 6:26 AM 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
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