1105 N Coast Highway, Laguna Beach, CA 92651

$10,295,000
13
BD
13
BA
8,992
SqFt
List Price
$10,295,000
Price Change
▼ $450,000 1755734128
Status
ACTIVE
MLS#
25536285
Year Built
1969
Bedrooms
13
Bathrooms
13
Living Sq. Ft
8,992
Lot Size
7,840
Acres
0.18
Days on Market
123
Property Type
Multifamily
Stories
Two Levels

Property Description

Sandcastle is a unique investment opportunity consisting of (11) apartment units and (1) commercial unit walking distance from iconic beaches in Laguna Beach, such as, Crescent Bay, Shaw's Cove and Fisherman's Cove. This marks the first time the property has been offered on the open market. Current ownership has invested over $1,600,000 in capital improvements, including extensive upgrades completed on property systems, interiors and exteriors. The property is located within the Laguna Beach Short Term Lodging Distract, with that a new investor may be able to obtain up to two short-term rental permits.

Additional Information

Heat
None
Cooling Description
None
Attached Structure
Detached
Number Of Units Total
12

Listing courtesy of Listing Agent: Michael O'Neill II (Mike.Oneill@cbre.com) from Listing Office: CB Richard Ellis, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.