1105 Coast Highway, Laguna Beach, CA 92651
  • MLS#: 25536285 ( )
  • Street Address: 1105 Coast Highway
  • Viewed: 2
  • Price: $10,745,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1969
  • Bldg sqft: 0
  • Days On Market: 65
  • Additional Information
  • County: ORANGE
  • City: Laguna Beach
  • Zipcode: 92651
  • Provided by: CB Richard Ellis, Inc.
  • Contact: Michael Michael
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Building Area Total
  1. 8992.00
Cooling
  1. None
Country
  1. US
Heating
  1. None
Levels
  1. Two
Netoperatingincome
  1. 389758.00
Parcel Number
  1. 05315203
Parking Features
  1. Covered
Sourcesystemkey
  1. 25536285:CLAW
Totalexpenses
  1. 180664.00
Year Built
  1. 1969
Year Built Source
  1. Assessor