Description
Rare opportunity!! Excellent location downtown Laguna Beach amidst Michelin Star restaurants, boutique shopping and art galleries. Surrounded by world class hotels and beaches. Close proximity to famous festivals Pageant of the Masters and Sawdust Festival, great for summertime and holiday entertainment. Strong Orange County Coastal Rental Market with high occupancy and rarely and vacancies of meaningful length. There are 2 laundromats/dry cleaners on the same block with one adjacent to the building. Plumbing was recently completely updated and a newer roof replacement. The units are thoroughly inspected and refurbished as needed each time a tenant moves out so there is no "deferred" maintenance. Rare opportunity!! Excellent location downtown Laguna Beach amidst Michelin Star restaurants, boutique shopping and art galleries. Surrounded by world class hotels and beaches. Close proximity to famous festivals Pageant of the Masters and Sawdust Festival, great for summertime and holiday entertainment. Strong Orange County Coastal Rental Market with high occupancy and rarely and vacancies of meaningful length. There are 2 laundromats/dry cleaners on the same block with one adjacent to the building. Plumbing was recently completely updated and a newer roof replacement. The units are thoroughly inspected and refurbished as needed each time a tenant moves out so there is no "deferred" maintenance.
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3BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Rare opportunity!! Excellent location downtown Laguna Beach amidst Michelin Star restaurants, boutique shopping and art galleries. Surrounded by world class hotels and beaches. Close proximity to famous festivals Pageant of the Masters and Sawdust Festival, great for summertime and holiday entertainment. Strong Orange County Coastal Rental Market with high occupancy and rarely and vacancies of meaningful length. There are 2 laundromats/dry cleaners on the same block with one adjacent to the building. Plumbing was recently completely updated and a newer roof replacement. The units are thoroughly inspected and refurbished as needed each time a tenant moves out so there is no "deferred" maintenance. Rare opportunity!! Excellent location downtown Laguna Beach amidst Michelin Star restaurants, boutique shopping and art galleries. Surrounded by world class hotels and beaches. Close proximity to famous festivals Pageant of the Masters and Sawdust Festival, great for summertime and holiday entertainment. Strong Orange County Coastal Rental Market with high occupancy and rarely and vacancies of meaningful length. There are 2 laundromats/dry cleaners on the same block with one adjacent to the building. Plumbing was recently completely updated and a newer roof replacement. The units are thoroughly inspected and refurbished as needed each time a tenant moves out so there is no "deferred" maintenance.
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Source: CRMLS