618 South Coast
618 South Coast Laguna Beach, California 92651 United States

$5,298,000
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100% Leased trophy property walking distance to the beach and downtown "The Village" in Laguna Beach. Excellent unit mix of (3) 1+1s, (1) 2+2, and a commercial unit. The Two bedroom Unit & Commercial Unit have an Amazing Ocean View. There is...

First Team Estates

Listing Courtesy of First Team Estates
$5,298,000
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.13 Acres
Exterior
Residential Income
Property type
1965
Year Built
OC20188062
Web Id
OC20188062
MLS ID
The Village (VIL)
Subdivision
Laguna Beach Unified
School District
452
days ago

About 618 South Coast

100% Leased trophy property walking distance to the beach and downtown "The Village" in Laguna Beach. Excellent unit mix of (3) 1+1s, (1) 2+2, and a commercial unit. The Two bedroom Unit & Commercial Unit have an Amazing Ocean View. There is tremendous upside potential by increasing the residential rents on the 1+1s. And when leases turn, have the tenants pay their own electric bill. The building is separately metered, however the Owner did not take advantage of this and is paying for everyone's electricity. Two units are permitted for short term rentals like VRBO. REQUEST OFFERING MEMORANDUM FROM BROKER.

Listing Courtesy of First Team Estates

features

Parking
Garage

PROPERTY INFORMATION

Sewer
Public Sewer
Water
Public

EXTERIOR

Lot Description
6-10 Units/Acre

ADDITIONAL INFORMATION

Number of Units
5
Listing Courtesy of First Team Estates
This Laguna Beach Residential Income is for Sale at $5,298,000 USD and was built in 1965. Has on a lot of .13 Acres.

 

First Team Estates

Listing Courtesy of First Team Estates
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