150 Cliff Drive

    Laguna Beach, CA 92651
    • $9,999,000
    • STATUS: Active
    • ON SITE: 245 days
    • ID#: NP19222973
    UPDATED: 26 min ago
    $9,999,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,004
      SQFT
    • $1,428
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1992
    County:

    School Ratings & Info

    Description

    Four stunning modern Ocean view Condos comprising the entire 150 Cliff-Cedar Building in downtown Laguna Beach. Just a short stroll to Laguna Main Beach and all of the shops and restaurants of the Laguna Village. Each unit has it's own parcel number and short term lodging permit offering a myriad of possibilities. Two units have 2 bedrooms and 2.5 baths. The penthouse has 2 beds and 2 full baths. And, the detached upper most unit has 3 beds and 3 baths. Each unit has a fabulous Ocean view deck, is handsomely upgraded with a gourmet kitchen and luxurious spa like baths, and each unit has it's own 2 car garage. The penthouse and detached upper unit each enjoy their own private yards! Live in one and rent the rest, rent them all, the choice is yours!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-27T21:28:15.773. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.

    www.teamforss.com/homes/99290808

    150 Cliff Drive Laguna Beach, CA 92651

    • Price: $9,999,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: NP19222973
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    7,004
    SQFT
    $1,428
    $/SQFT
    1992
    Built
    Neighborhood:
    North Laguna (Nl)
    County:
    Orange
    Area:
    NL - North Laguna
    Property Description
    Four stunning modern Ocean view Condos comprising the entire 150 Cliff-Cedar Building in downtown Laguna Beach. Just a short stroll to Laguna Main Beach and all of the shops and restaurants of the Laguna Village. Each unit has it's own parcel number and short term lodging permit offering a myriad of possibilities. Two units have 2 bedrooms and 2.5 baths. The penthouse has 2 beds and 2 full baths. And, the detached upper most unit has 3 beds and 3 baths. Each unit has a fabulous Ocean view deck, is handsomely upgraded with a gourmet kitchen and luxurious spa like baths, and each unit has it's own 2 car garage. The penthouse and detached upper unit each enjoy their own private yards! Live in one and rent the rest, rent them all, the choice is yours!
    Exterior Features

    Garage Spaces 8.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage Parking Total 8.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 1690 Average2 Bed Area Units Square Feet Average3 Bed Area 1933 Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Laundry Features Dryer IncludedGas & Electric Dryer HookupGas Dryer HookupIndividual RoomInsideWasher HookupWasher Included Levels Three Or More

    Property Features

    Additional Parcels Description 932750109327501193275012 Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 3.23 Community Features Curbs Country Us Electric Expense 21051.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 477528.00 Gross Scheduled Income 477528.00 Insurance Expense 8293.00 Land Lease YN No Laundry YN Yes Net Operating Income 322668.00 New Construction YN No New Taxes Expense 106989.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 3 Operating Expense 154860.00 Pest Control Expense 1140.00 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other North Laguna (Nl) Total Expenses 154860.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Estimated

    Listing provided courtesy of Aaron Valenty of Berkshire Hathaway Homeservice and Mark Simon of Berkshire Hathaway Homeservice


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-27T21:28:15.773. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.

     
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