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Brice Barker
949-315-6136 Brice@BriceBarker.com

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Listing 16 out of 282
$4,900,000 For Sale

244 Cliff Drive
Laguna Beach, CA 92651

5 units | Multi Family Home
4901 sq ft - MLS# OC19004948
Property Photo
1/43

Description

Stunning Ocean View, Five-unit, Vintage, Apartment Building, One Block from Main Beach, Laguna Art Museum, Local Shops, and Restaurants. The Top Floor Penthouse has 2 bedrooms, 2.5 baths, a Dramatic Living Room with High Ceilings, Modern Kitchen, Skylights, and Sweeping Catalina Island Ocean Views. The other 4 apartments are Spacious 1 bedroom/ 1 bath units, with Newer Carpet, Kitchen, and Bathrooms. The Property is Very Well Maintained, and would make a Ideal Owner-Occupied Property with Rental Income, or Purchased Purely as an Investment Property. Four garages are alley-accessed at the rear of the property, as well as a outdoor beach shower, and common area washer/dryer. This is a Must See, One of a Kind Property!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92651
  • Year Built: 1937
  • Subdivision/Neighborhood: The Village (Vil)
  • Stories: Three Or More
  • Units: 5 units
  • # of Parking Spaces: 4.00
  • Lot Size: 4901 sq ft
  • Zoning: R3
  • Area: LV - Laguna Village
  • Average 1 Bed Area: 850
  • Average 2 Bed Area: 1800
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 4831.00
  • Building Area Units: Square Feet
  • Community Features: Curbs
  • Country: US
  • Directions: Pacific Coast Hwy to Upper Cliff Drive
  • Garage Spaces: 4.00
  • Gross Income: 159660.00
  • Gross Scheduled Income: 177600.00
  • Insurance Expense: 3600.00
  • Interior Features: Balcony, High Ceilings (9 Feet+), Living Room Balcony, Open Floor Plan, Pantry, Storage Space, Track Lighting
  • Laundry Features: Community, Dryer Included, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included
  • Laundry YN: Yes
  • Listing Agent License: 01261842
  • Listing Office License: 01517139
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Area: 4900.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 159660.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Operating Expense: 17940.00
  • Security Features: Fire and Smoke Detection System
  • Sewer: Public Sewer
  • Stories Total: 3
  • Total Expenses: 17940.00
  • Trash Expense: 480.00
  • Water Sewer Expense: 3600.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Keller Williams Occ Realty, Denise Delatorre


CalDRE #01967613
Brice Barker  |  949-315-6136  |  CalBRE# 02040572

30342 Esperanza - Rancho Santa Margarita, CA 92688
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