$2,340,000
$2,550,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
2,500 Sqft Lot
SOLD DATE : 10/15/2024
Key Details
Sold Price $2,340,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Victoria Beach (Vb)
MLS Listing ID LG24142397
Sold Date 10/15/24
HOA Y/N No
Year Built 1936
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!
Location
State CA
County Orange
Area Lv - Laguna Village
Rooms
Ensuite Laundry Common Area, Inside
Interior
Interior Features Beamed Ceilings, Built-in Features, Balcony, Ceiling Fan(s), High Ceilings, Living Room Deck Attached, All Bedrooms Up
Laundry Location Common Area,Inside
Heating Gravity, High Efficiency
Cooling None
Flooring Wood
Fireplaces Type Gas Starter, Living Room
Fireplace Yes
Appliance Disposal, Gas Range, Refrigerator
Laundry Common Area, Inside
Exterior
Garage Door-Multi, Garage, Gravel
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Golf, Sidewalks
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Ocean
Roof Type Composition
Parking Type Door-Multi, Garage, Gravel
Total Parking Spaces 2
Private Pool No
Building
Lot Description Front Yard, Garden
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Cottage
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 65616401
Energy Description 30.0
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Shauna Covington • Berkshire Hathaway HomeServices California Properties
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Broker Associate | Lic# 01905244