689 S Coast

    Laguna Beach, CA 92651
    • $2,600,000
    • STATUS: Active
    • ON SITE: 216 days
    • ID#: NP19249028
    UPDATED: 30 min ago
    $2,600,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,042
      SQFT
    • $1,273
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Ratings & Info

    Description

    Rare mixed use retail property on the Ocean side of the Coast highway in desirable downtown Laguna Beach in the walk-able area of the Village shopping district. The street level retail space is voluminous and could be divided in to three shops. The second floor contains a three bedroom apartment that's just a short stroll from the Beach and walking distance to all of the shops, galleries and restaurants of downtown. There is also a very large separate storage unit in the rear. This property has 4 electric meters and is prime for re-positioning.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-27T19:28:54.873. 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/100235845

    689 S Coast Laguna Beach, CA 92651

    • Price: $2,600,000
    • Status: Active
    • Updated: 30 min ago
    • ID#: NP19249028
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    2,042
    SQFT
    $1,273
    $/SQFT
    1940
    Built
    Neighborhood:
    The Village (Vil)
    County:
    Orange
    Area:
    LV - Laguna Village
    Property Description
    Rare mixed use retail property on the Ocean side of the Coast highway in desirable downtown Laguna Beach in the walk-able area of the Village shopping district. The street level retail space is voluminous and could be divided in to three shops. The second floor contains a three bedroom apartment that's just a short stroll from the Beach and walking distance to all of the shops, galleries and restaurants of downtown. There is also a very large separate storage unit in the rear. This property has 4 electric meters and is prime for re-positioning.
    Exterior Features

    Garage Spaces 0.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN No

    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 No Common Walls Laundry Features None Levels Two Room Type All Bedrooms Up

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Curbs Country Us Electric Expense 4000.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 12000.00 Gross Scheduled Income 120000.00 Insurance Expense 2500.00 Land Lease YN No Laundry YN No Net Operating Income 81900.00 New Construction YN No New Taxes Expense 28600.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 38100.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other The Village (Vil) Total Expenses 38100.00 Trash Expense 1000.00 Water Sewer Expense 1000.00 Water Source Public Year Built Source Assessor

    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 2020-05-27T19:28:54.873. 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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