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$ 4,700,000
Est. payment /mo
Price Dropped by $700K
220 Cliff DR Laguna Beach, CA 92651
4,792 Sqft Lot
UPDATED:
12/19/2024 12:34 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24227413
Originating Board California Regional MLS
Year Built 1949
Lot Size 4,792 Sqft
Property Description
***Price Reduced***5 Units in Iconic Laguna Beach! Income Property with Stunning Ocean Views - A Rare Investment Opportunity! Step into the essence of coastal charm and timeless elegance with this quintessential Laguna Beach cottage-style income property! This is more than just an investment; it's a chance to own a piece of paradise in one of the most coveted locations along the California coast. Imagine whitewater views stretching over Main Beach from every angle, bringing in the tranquility and allure of the ocean. This exceptional property includes five legal, non-conforming units that make it truly stand out in the Laguna rental market. Unit Mix: (2) 2bd/2b, (2) 1bd/1b, (1) Studio - ideal for maximizing rental income and catering to diverse tenant needs. Prime Location: Just a stone's throw from Main Beach and the vibrant Laguna Beach Downtown, where shops, art galleries, and restaurants await. Move-in Ready: All units capture the laid-back charm that defines Laguna Beach living. Whether you're a seasoned investor or a discerning buyer seeking the perfect coastal property, this is an unmissable opportunity. With its unbeatable location, ocean views, this property is positioned for exceptional income potential and long-term appreciation.
Location
State CA
County Orange
Area Nl - North Laguna
Rooms
Kitchen Oven Range - Gas, Refrigerator
Interior
Heating Electric
Cooling None
Laundry In Laundry Room, Laundry Area, Washer, Dryer
Exterior
Parking Features Garage
Garage Spaces 3.0
Pool None
Roof Type Composition
Building
Water District - Public
Others
Tax ID 49609418
Special Listing Condition Not Applicable
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Listed by Patricia Gregory • Real Broker