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Listed by Patricia Gregory • Real Broker
$ 4,700,000
Est. payment /mo
Price Dropped by $700K
220 Cliff Drive Laguna Beach, CA 92651
3,319 SqFt
UPDATED:
12/19/2024 05:17 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,319 sqft
Price per Sqft $1,416
MLS Listing ID OC-24227413
Year Built 1949
Lot Size 4,792 Sqft
Property Description
***Price Reduced***5 Units in Iconic Laguna Beach! Income Property with Stunning Ocean Views - A Rare Investment Opportunity! Step into the essence of coastal charm and timeless elegance with this quintessential Laguna Beach cottage-style income property! This is more than just an investment; it's a chance to own a piece of paradise in one of the most coveted locations along the California coast. Imagine whitewater views stretching over Main Beach from every angle, bringing in the tranquility and allure of the ocean. This exceptional property includes five legal, non-conforming units that make it truly stand out in the Laguna rental market. Unit Mix: (2) 2bd/2b, (2) 1bd/1b, (1) Studio - ideal for maximizing rental income and catering to diverse tenant needs. Prime Location: Just a stone's throw from Main Beach and the vibrant Laguna Beach Downtown, where shops, art galleries, and restaurants await. Move-in Ready: All units capture the laid-back charm that defines Laguna Beach living. Whether you're a seasoned investor or a discerning buyer seeking the perfect coastal property, this is an unmissable opportunity. With its unbeatable location, ocean views, this property is positioned for exceptional income potential and long-term appreciation.
Location
State CA
County Orange
Interior
Cooling None
Laundry Common Area, Dryer Included, Individual Room, Washer Included
Exterior
Parking Features Garage
Garage Spaces 3.0
Pool None
Community Features Hiking, Watersports
Utilities Available Electricity Connected, Natural Gas Connected
Building
Lot Description Front Yard
Sewer Public Sewer