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$9,745,000
Est. payment /mo
13 Beds
13 Baths
8,992 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,992 sqft
Price per Sqft $1,083
MLS Listing ID 26644529
Bedrooms 13
HOA Y/N No
Year Built 1969
Lot Size 7,840 Sqft
Property Description
Sandcastle, located at 1105 N. Coast Hwy., is a rare, turnkey multifamily trophy asset in Laguna Beach. Located on a premier corner lot on the west side of PCH, the property features 11 renovated apartment units, many with ocean views, plus one ground-level commercial suite, just steps from Crescent Bay, Shaw's Cove, and Fisherman's Cove. Over $1.6M in capital improvements have been completed across all systems, interiors, and exteriors. Situated within the Laguna Beach Short-Term Lodging District, a new owner may have the opportunity to obtain up to two short-term rental permits. A truly irreplaceable coastal asset for the discerning investor.
Location
State CA
County Orange
Area Nl - North Laguna
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Covered
Total Parking Spaces 10
Building
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 05315203
Special Listing Condition Standard
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Listed by Daniel Blackwell CB Richard Ellis, Inc.
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Terrance Scotton
Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256
Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256