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Listed by: Daniel Blackwell (949) 423-6111 DRE #01854961, Michael O'Neill II DRE #02036937 | CB Richard Ellis, Inc.
$9,745,000
13 Beds
- 13 Baths
8,992sqft
1105 N Coast Hwy, Laguna Beach, CA 92651
$9,745,000
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Multi Family
Built in 1969
$-- HOA
7,840 sqft lot
$1,084/sq.ft
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.
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1969
HOA Fees
-
Finished Area
8,992 sqft
Lot Size
7,840 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26644529
MLS Status
Active
Days on Market
5
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