$1,575,000
$1,885,000
16.4%For more information regarding the value of a property, please contact us for a free consultation.
31674 S Coast Hwy Laguna Beach, CA 92651
3,870 SqFt
Key Details
Sold Price $1,575,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,870 sqft
Price per Sqft $406
MLS Listing ID PW14211099
Sold Date 04/12/15
HOA Y/N No
Year Built 1935
Lot Size 3,267 Sqft
Acres 0.075
Property Description
SUBMIT ALL OFFERS. MOTIVATED SELLER! Extremely rare mixed use apartment/retail property containing (6) total units. The makeup consist of (1) Studio, (2) 1BR/1BA, (1) 2BR/1BA and (2) retail stores. Long term family ownership of over 30 years with rents well below market levels. This added value opportunity is perfect for the investor looking to build immediate equity and value through upgrades and substantial rent increases. A quiet location for the apartment tenants with prime frontage on Pacific Coast Highway for the retail tenants.
Location
State CA
County Orange
Area Sl - South Laguna
Interior
Fireplace No
Exterior
Pool None
Community Features Curbs, Sidewalks
Utilities Available SewerAvailable
Private Pool No
Building
Lot Description Item610UnitsAcre
Story 2
Entry Level Two
Water Public
Level or Stories Two
Others
Tax ID 05610105
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Financing CashtoNewLoan
Special Listing Condition Standard
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Bought with Joseph Tenerelli • Flintridge Realty
GUIDE SoCal
Broker | License ID: DRE#01976964