2442 S Coast, Laguna Beach, CA 92651

$9,500,000
List Price
$9,500,000
Status
ACTIVE
MLS#
OC24024333
Year Built
1964
Lot Size
8,988
Acres
0.21
Lot Location
Bluff
Days on Market
24
Property Type
Multifamily
Property Sub Type
Apartment
Neighborhood
Upper Victoria Beach (Uvb)

Property Description

2442 Laguna is a rare fully renovated 8-unit, three-story, ocean view oriented apartment community built in 1964. Located in the city of Laguna Beach, California, situated on .222 acres of land, this property contains one building constructed of wood frame, and stucco with stone accents. The roof system is flat built up. 2442 Laguna is comprised of a majority two-bedroom / two-bathroom units, with an average unit size of 1,124 sf. 2442 Laguna features panoramic ocean and Catalina Island views which enrich every residence—each offering its own unique character through an array of chic features that vary by unit. Recent DRE Approval - Active TIC (Tenant in Common Ownership Structure), which could allow for individual sale of units. Open floorplans showcase large balconies or expansive rooftop decks, hardwood flooring in a variety of colors, contemporary fireplaces, new windows and glass doors, water- and energy-saving washer and dryer sets, jetted bathtubs, walk-in closets, Noritz instant hot water systems, and state-of-the-art wiring for full HDTV, surround sound, home automation and security systems. Each unit is centered around a modern chef’s kitchen with island, a variety of solid-surface and stone countertops, Wolf ranges and hoods, Sub-Zero refrigerators, Bosch dishwashers, and sleek new cabinetry. Residents will enjoy easy access to stunningly beautiful beaches and coves, a broad spectrum of restaurants and shops, Laguna’s popular Main Beach, Aliso Beach, parks, hiking trails, and luxe hotels, including Montage Resort & Spa.

Additional Information

Appliances
Dryer, Washer
Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
8
Gross Scheduled Income
$474,396
Operating Expense
137985

Listing courtesy of Listing Agent: Peter Hauser (phauser@northmarq.com) from Listing Office: NorthMarq Realty Services, Inc.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.