2007 S Coast

    Laguna Beach, CA 92651
    • $3,399,000
    • STATUS: Active Under Contract
    • ON SITE: 261 days
    • ID#: OC18066757
    Under Contract
    UPDATED: 229 min ago
    $3,399,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,292
      SQFT
    • $642
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    GAME CHANGER!! Seller will carry 1st Loan if buyer puts $1.2 million down payment. LAGUNA BEACH TROPHY PROPERTY. Tudor style mixed use building on the ocean side of Coast Hwy in Laguna Beach Village. Commercial area is divided currently as three units on the street level and below. Above the commercial area are two wonderful residential units with ocean view. Square footage document signed by city shows 5,292 total square footage for commercial and residential buyers to verify. Includes three car garage along with driveway for additional parking very rare by the beach in Laguna. Walk less than a minute to the beach stairs leads one to Woods Cove Beach. The perfect set up for the artist that wants to live upstairs in a residential unit and have some wonderful retail space downstairs at an unbeatable list price for Laguna Beach. This residential one bedroom one bath apartments have balconies with ocean, Catalina, and sunset views. Each of the residential units have open beamed ceilings and remodeled kitchens, appliances, tile flooring and countertops. On the main level there is two retail spaces (currently rented) and below that one additional retail space to decide what you would like to use as. One of the retail spaces would make an ideal doctors office (verify with city if ok). Simply will not last long with all it has to offer. Access to all units available with 48 hour notice to all tenants Monday - Friday 2pm -5pm.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T00:27:56.637. 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. Licensed in the State of California, USA.
    www.teamforss.com/homes/81948343

    2007 S Coast Laguna Beach, CA 92651

    • Price: $3,399,000
    • Status: Active Under Contract
    • Updated: 229 min ago
    • ID#: OC18066757
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    5,292
    SQFT
    $642
    $/SQFT
    1922
    Built
    Neighborhood:
    Woods Cove (Wc)
    County:
    Orange
    Area:
    LV - Laguna Village
    Property Description
    GAME CHANGER!! Seller will carry 1st Loan if buyer puts $1.2 million down payment. LAGUNA BEACH TROPHY PROPERTY. Tudor style mixed use building on the ocean side of Coast Hwy in Laguna Beach Village. Commercial area is divided currently as three units on the street level and below. Above the commercial area are two wonderful residential units with ocean view. Square footage document signed by city shows 5,292 total square footage for commercial and residential buyers to verify. Includes three car garage along with driveway for additional parking very rare by the beach in Laguna. Walk less than a minute to the beach stairs leads one to Woods Cove Beach. The perfect set up for the artist that wants to live upstairs in a residential unit and have some wonderful retail space downstairs at an unbeatable list price for Laguna Beach. This residential one bedroom one bath apartments have balconies with ocean, Catalina, and sunset views. Each of the residential units have open beamed ceilings and remodeled kitchens, appliances, tile flooring and countertops. On the main level there is two retail spaces (currently rented) and below that one additional retail space to decide what you would like to use as. One of the retail spaces would make an ideal doctors office (verify with city if ok). Simply will not last long with all it has to offer. Access to all units available with 48 hour notice to all tenants Monday - Friday 2pm -5pm.
    Exterior Features

    Architectural Style Tudor Construction Materials Stucco Exterior Features Awning Fence YN Yes Fencing See Remarks Garage Spaces 3.00 Lot Features 0-1 Unit/AcreCorner Lot Lot Size Source Estimated Lot Size Units Square Feet Parking Features DrivewayDriveway - ConcreteGarageGarage - Side EntryGarage - Three DoorSee Remarks Parking Total 5.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof See Remarks View CatalinaOceanSee Remarks View YN Yes Waterfront Features Ocean Access

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common WallsEnd Unit Cooling See Remarks Cooling YN Yes Fireplace Features Dining RoomLiving RoomSee Remarks Fireplace YN Yes Flooring See RemarksTile Heating See Remarks Heating YN Yes Interior Features Beamed CeilingsTile Counters Laundry Features See Remarks Levels Multi/Split Room Type All Bedrooms UpArt StudioLiving RoomOfficeSee Remarks

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.23 Community Features SidewalksSuburban Country Us Electric Expense 5101.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1375.00 Gross Income 150182.00 Gross Scheduled Income 150182.00 Insurance Expense 4141.00 Land Lease YN No Laundry YN Yes Net Operating Income 109788.00 New Construction YN No New Taxes Expense 12216.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 40394.00 Pest Control Expense 590.00 Professional Management Expense 0.00 Property Condition Updated/Remodeled Property Sub Type Commercial/Residential Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Subdivision Name Other Woods Cove (Wc) Total Actual Rent 129053.00 Total Expenses 27197.00 Trash Expense 1914.00 Utilities Electricity ConnectedWater Connected Water Sewer Expense 1860.00 Water Source Public Year Built Source Estimated Zoning C1

    Listing provided courtesy of Neven Spralja of Surterre Properties Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T00:27:56.637. 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. Licensed in the State of California, USA.
     
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