220 Cliff Drive

Laguna Beach, CA 92651
$4,700,000
0.11 acres | #OC24227413
Courtesy of Real Broker

Description

***Price Reduced***Iconic Laguna Beach Cottage 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.
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  • Property Details
    • Property
      • Stories:2
      • Lot description:FrontYard
    • Measurements
      • Acres:0.11
    • Parking
      • Parking spaces:3
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1949
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityConnected, NaturalGasConnected
  • Community and Neighborhood Details
    • Location
      • County:Orange
  • Financial Details
    • Pricing Details
      • Original List Price:$5, 400, 000
  • Other
    • Source
      • MLS #:OC24227413

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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