Price $46,594,000
Status Active
Beds 0
Baths 0 Bath
Home size 22,308 sqft
Lot Size 34,308 sqft
Days on Market 58
REAL ESTATE PORTFOLIO SALE: This is a once in a lifetime opportunity to acquire an assemblage of trophy Ocean view properties positioned in the heart of Laguna Beach. Most of the eight parcels have direct, unobstructed ocean views including twenty-three residential units and two retail spaces fronting South Coast Highway. One of the retail spaces could be used as a lobby where everything can be easily managed and the other could be a gift shop or leased to a tenant. Each unit is completely furnished with a fully outfitted kitchen and most have direct access to the beach. This portfolio combines The Sunset Cove Villas consisting of (8) luxury 1 to 3 bedroom villas, The Retreat in Laguna which consists of (8) 1 bedroom hotel suites and a mixed-use property at 689 S Coast Hwy with (2) retail spaces totaling 1,200 SF fronting South Coast Highway that can easily be utilized as a lobby or for additional tenants with a 3 bedroom long-term (30+ day stay) residential unit upstairs. Also included are the (2) units at the Duplex at 689 Sleepy Hollow Lane and the Cliff & Cedar building comprised of (4) luxury 2 to 3 bedroom condos.
Property Type(s): Residential Income
Last Updated 6/12/2020 Tract The Village (VIL)
Year Built 1995 Community LV - Laguna Village
County Orange

Additional Details

AREA LV - Laguna Village
GARAGE Assigned, Garage
LOT 0.7876 acre(s)
LOT DESCRIPTION 21-25 Units/Acre
POOL DESCRIPTION None
SEWER Public Sewer
SUBDIVISION The Village (VIL)
WATER Public

Location

 

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Listing provided by : Aaron Valenty CalDRE: 01509292, Berkshire Hathaway HomeService

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