$2,340,000
$2,550,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
2,500 Sqft Lot
SOLD DATE : 10/15/2024
Key Details
Sold Price $2,340,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID LG24142397
Sold Date 10/15/24
Bedrooms 2
HOA Y/N No
Lot Size 2,500 Sqft
Property Description
Fantastic opportunity to own two charming, restored, OCEAN VIEW BEACH COTTAGES on one lot in the desirable Victoria Beach neighborhood. Each one bedroom, one bath cottage features high pitched, open beamed ceilings, wood floors, a cozy wood burning fireplace and spectacular ocean views! Endless potential with these remodeled, turn key 1930's cottages in Laguna Beach! The sale of this special property comes with a very selective and grandfathered in short term lodging permit. Imagine living in one cottage and enjoying premium vacation rental income or long term rental income from the other. Another possibility is to run it as a business with both either rented separately or combined as there is a shared ocean view deck between the two cottages. This truly vintage Laguna property is a coastal retreat, just steps away from locals' favorite Victoria Beach, and world renown restaurants; The Drake, Dizz's As Is ... The local trolley across the street will take you into town to enjoy all the unique treasures that Laguna Beach has to offer; fabulous restaurants, unique art galleries and festivals, shops and inviting beaches and coves!
Fantastic opportunity to own two charming, restored, OCEAN VIEW BEACH COTTAGES on one lot in the desirable Victoria Beach neighborhood. Each one bedroom, one bath cottage features high pitched, open beamed ceilings, wood floors, a cozy wood burning fireplace and spectacular ocean views! Endless potential with these remodeled, turn key 1930's cottages in Laguna Beach! The sale of this special property comes with a very selective and grandfathered in short term lodging permit. Imagine living in one cottage and enjoying premium vacation rental income or long term rental income from the other. Another possibility is to run it as a business with both either rented separately or combined as there is a shared ocean view deck between the two cottages. This truly vintage Laguna property is a coastal retreat, just steps away from locals' favorite Victoria Beach, and world renown restaurants; The Drake, Dizz's As Is ... The local trolley across the street will take you into town to enjoy all the unique treasures that Laguna Beach has to offer; fabulous restaurants, unique art galleries and festivals, shops and inviting beaches and coves!
Location
State CA
County Orange
Area Oc - Laguna Beach (92651)
Zoning Assessor
Interior
Appliance Wall/Gravity
Exterior
Roof Type Composition
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 1-3999 SF
Level or Stories 1 Story
Others
Monthly Total Fees $178
Acceptable Financing Exchange
Space Rent $2,900
Listing Terms Exchange
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Bought with Shauna Covington • Berkshire Hathaway HomeServices California Properties