1570 N Coast, Laguna Beach, CA 92651

$5,499,000
List Price
$5,499,000
Status
ACTIVE
MLS#
LG21059331
Year Built
1965
Lot Size
9,753
Acres
0.22
Lot Location
Corner Lot, NearPark, Near Public Transit, Paved
Days on Market
67
Property Type
Multifamily
Stories
Two Levels
Neighborhood
North Laguna (Nl)

Property Description

This trophy property set in iconic Laguna Beach underwent extensive renovations in 2019. Six of eight units have views of the Pacific Ocean, and all units have access to a spacious brick-paved courtyard for comfortable outdoor space. Units feature double-door entries, balconies, in-unit laundry, and assigned covered parking. Tenants enjoy being within walking distance of Main Beach Village, Heisler Park, and Crescent Bay Beach. This building is very attractive for renters seeking the Coastal lifestyle. With two 2-bed/2-bath and six 1-bed/1-bath apartments, plus assigned covered parking spaces, it's a perfect fit for Laguna's strong rental market. Turn-key with great tenants, 1570 N Coast Hwy is truly a set-it-and-forget-it investment for the longterm. All details provided deemed accurate but not guaranteed, Buyer to verify. See virtual tour link for aerial video.

Additional Information

Appliances
Dishwasher, Gas Oven, Gas Range, Refrigerator, Range Hood, Dryer, Washer
Pool Description
None
Cooling
Yes
Cooling Description
Central Air, Electric
Sewer
Public Sewer
Water
Public
Number Of Units Total
8
Gross Scheduled Income
$252,600
Operating Expense
71815

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Nicholas Brunson from Nick Brunson, Broker

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.