603 Griffith Way

    Laguna Beach, CA 92651
    • $2,000,000
    • STATUS: Active Under Contract
    • ON SITE: 143 days
    • ID#: LG19286467
    Under Contract
    UPDATED: 51 min ago
    $2,000,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,690
      SQFT
    • $743
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Charming multi-unit property with strong rental history poses a wonderful investment opportunity in the heart of the Village! Located at the end of a cul-de-sac, this property features three updated units, two consisting of 2 bedrooms+-and 2 baths approx. 950 sf each, and one consisting of 2 bedrooms and 1 bath approx 800sf, each with its own garage parking spot, separate driveway parking spot, and tranquil outdoor area. Two upper units feature large balconies and lower unit features private patio. Prime, quiet location close to downtown and all Laguna Beach has to offer!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-24T16:26:05.113. 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/101966613

    603 Griffith Way Laguna Beach, CA 92651

    • Price: $2,000,000
    • Status: Active Under Contract
    • Updated: 51 min ago
    • ID#: LG19286467
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,690
    SQFT
    $743
    $/SQFT
    1964
    Built
    Neighborhood:
    The Village (Vil)
    County:
    Orange
    Area:
    LV - Laguna Village
    Property Description
    Charming multi-unit property with strong rental history poses a wonderful investment opportunity in the heart of the Village! Located at the end of a cul-de-sac, this property features three updated units, two consisting of 2 bedrooms+-and 2 baths approx. 950 sf each, and one consisting of 2 bedrooms and 1 bath approx 800sf, each with its own garage parking spot, separate driveway parking spot, and tranquil outdoor area. Two upper units feature large balconies and lower unit features private patio. Prime, quiet location close to downtown and all Laguna Beach has to offer!
    Exterior Features

    Construction Materials Stucco Exterior Features LightingRain Gutters Garage Spaces 3.00 Lot Features Back YardCul-De-SacFront YardUp Slope From Street Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedDrivewayGarageGarage Faces Front Parking Total 6.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes View Peek-A-Boo View YN Yes Waterfront Features Ocean Side Of Freeway

    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 Walls Cooling None Cooling YN No Door Features French DoorsSliding Doors Heating Radiant Heating YN Yes Laundry Features Common AreaIn Closet Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Urban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1760.00 Gross Income 0.00 Gross Operating Income 93780.00 Gross Scheduled Income 0.00 Insurance Expense 3799.00 Land Lease YN No Laundry YN Yes Net Operating Income 57577.00 New Construction YN No New Taxes Expense 23529.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 0 Number Of Units Leased 3 Operating Expense 33389.00 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Private Sewer Special Listing Conditions Standard Subdivision Name Other The Village (Vil) Total Actual Rent 7890.00 Total Expenses 33389.00 Trash Expense 0.00 Water Sewer Expense 1601.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Andrea Ballesteros of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-24T16:26:05.113. 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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