An extraordinary location will almost always come with higher property values, higher appreciation rates and a better quality of life. This 4-PLEX investment opportunity is in the ideal Laguna Beach location. Primely positioned in the heart of town (Walkscore 94) on the ocean side of Coast Highway, one row from the Oceanfront. Endless views of the coastline in both directions....sand, white water, Catalina island and city lights. This property is surrounded mostly by updated and high value SFRs. The floor plan configuration includes three one bedroom apartments and one studio unit. Zoned R3, if desired, the upper unit could be converted to one, top level owner's unit or two bedroom apartment. For 60 years, this property has been diligently maintained by the same family and now presents a rare opportunity for a new owner. All systems are functional. Recent structural steel foundation upgrade and new roof. Cosmetic improvements and surface upgrades would take this property to a whole new level. Rents are all currently under market value. Schedule a tour today. 24 hour notice required.
The income description goes here to explain
List Price | $4,245,000 |
Property Type | Fourplex (4-units) |
Usable Sqft | Unknown |
Number of Stories | 2 stories |
Parking Spots | 2 spots |
Year Built | 1922 |
Last Sold | Unknown |
Sold Price | Unknown |
HOA Fees: | $0 |
Association Name: | Unknown |
Association Amenities: | Unknown |
APN # | 64402317 |
MLS # | LG24171221 |
Property ID | 320776597 |
Lot Sqft | 3,049 |
Zoning | Unknown |
Total Units | 4 |
Days on Market | 103 |
Original List Price | $4,350,000 |
Date Updated | November 18, 2024 |
Date Created | August 17, 2024 |
Spencer Wall an agent of . Lic #01840729
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 18, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT