For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,340,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 734 sqft
Price per Sqft $3,188
Subdivision Victoria Beach (Vb)
MLS Listing ID LG24138773
Bedrooms 2
Full Baths 2
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
Interior
Heating Gravity, High Efficiency
Cooling None
Flooring Wood
Fireplaces Type Gas Starter, Living Room
Laundry Common Area, Inside
Exterior
Parking Features 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
Building
Lot Description Front Yard, Garden
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Long Beach Unified
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Shauna Covington • Berkshire Hathaway HomeServices California Properties