Active

220 Cliff Drive

Laguna Beach CA, 92651

$4,700,000


$1,416.09 per sqft

Active

3,319 sqft

Multi-family

Built in 1949

Listed by Patricia Gregory with Real Broker 714-398-1998

***Price Reduced***5 Units in Iconic Laguna Beach! Income Property with Stunning Ocean Views - A Rare Investment Opportunity!

Step into the essence of coastal charm and timeless elegance with this quintessential Laguna Beach cottage-style income property! This is more than just an investment; it's a chance to own a piece of paradise in one of the most coveted locations along the California coast.

Imagine whitewater views stretching over Main Beach from every angle, bringing in the tranquility and allure of the ocean. This exceptional property includes five legal, non-conforming units that make it truly stand out in the Laguna rental market.

Unit Mix: (2) 2bd/2b, (2) 1bd/1b, (1) Studio - ideal for maximizing rental income and catering to diverse tenant needs.
Prime Location: Just a stone's throw from Main Beach and the vibrant Laguna Beach Downtown, where shops, art galleries, and restaurants await.
Move-in Ready: All units capture the laid-back charm that defines Laguna Beach living.
Whether you're a seasoned investor or a discerning buyer seeking the perfect coastal property, this is an unmissable opportunity. With its unbeatable location, ocean views, this property is positioned for exceptional income potential and long-term appreciation.

OC24227413

MLS ID

November 10, 2024

Listed

December 19, 2024

Updated

Map

220 Cliff Drive
Laguna Beach CA, 92651

Interior Features

Total Stories

2


Appliances

Gas Range, Refrigerator, Dryer, Washer


Laundry Description

Common Area, Laundry Room


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.11 Acres


Lot Features

Front Yard


Roof

Composition


Sewer

Public Sewer

Other Property Details

Area Name

NL - North Laguna


Days on Market

38


Garage

Yes


Garage Spaces

3


Parking

Garage


Parking Total

3


View

No


County

Orange


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

11/24/2024

Price change

$4,700,000

-13%

Listing Contact: 619-248-6434 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/19/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/19/2024 at 5:27 AM UTC

 

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