$5,399,000
$5,499,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
9,583 Sqft Lot
SOLD DATE : 08/30/2021
Key Details
Sold Price $5,399,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision North Laguna (Nl)
MLS Listing ID LG21059331
Sold Date 08/30/21
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1965
Lot Size 9,583 Sqft
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.
Location
State CA
County Orange
Area Nl - North Laguna
Interior
Interior Features Balcony, Ceiling Fan(s), Granite Counters
Cooling Central Air, Electric
Fireplace No
Appliance Dishwasher, Gas Oven, Gas Range, Refrigerator, Range Hood, Dryer, Washer
Laundry Washer Hookup
Exterior
Parking Features Assigned, Covered, Carport, Paved
Carport Spaces 8
Pool None
Community Features Biking, Golf, Hiking, Street Lights, Sidewalks, Water Sports, Park
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Total Parking Spaces 8
Private Pool No
Building
Lot Description Corner Lot, Near Park, Near Public Transit, Paved
Faces Southwest
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 05312109
Energy Description 720.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Andrew Matias • Millennials 4 Homes
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "