Laguna Beach, CA 92651,673 N Coast HWY

$3,135,000

Est. payment /mo

$3,495,000

10.3%
Est.Price: ?

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673 N Coast HWY Laguna Beach, CA 92651

3 Beds

3 Baths

3,150 SqFt

SOLD DATE : 05/14/2015

Key Details

Sold Price $3,135,000

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,150 sqft

Price per Sqft $995

Subdivision North Laguna (Nl)

MLS Listing ID OC14065883

Sold Date 05/14/15

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1968

Lot Size 7,405 Sqft

Property Description

An opportunity to own and develop this R-3 property in North Laguna Beach. Conceptual plans available that need formal Laguna Beach city updates and approvals. The current options are to build 3 condo units or 1 single family home. Spectacular 7,400 ocean view lot. Located on ocean side of N. Coast Hwy an extends to Cliff Drive across from Diver`s Cove Beach. Property currently has 2 upper level apartment units, and a retail store fronting Coast Highway below. Outstanding tenants, who generate $93,600 per year of rental income. An ideal opportunity for a builder who wants passive income while getting their plans approved with the city of Laguna Beach..

Location

State CA

County Orange

Area Nl - North Laguna

Interior

Heating Forced Air

Cooling None

Fireplaces Type None

Fireplace No

Exterior

Parking Features Assigned

Pool None

Community Features Curbs, Sidewalks

Utilities Available Sewer Available, Sewer Connected

Waterfront Description Ocean Side Of Highway

View Y/N Yes

View Catalina, Coastline, Ocean, Panoramic, Water

Total Parking Spaces 4

Private Pool No

Building

Story Two

Entry Level Two

Sewer Sewer Tap Paid

Water Public

Level or Stories Two

Others

Senior Community No

Tax ID 49618206

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by The Immel Team • The Immel Team
Bought with Spencer Wall • Berkshire Hathaway HomeService

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

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