Property
Beds
13
Full Baths
None
1/2 Baths
None
Year Built
1969
Sq.Footage
8,992
Sandcastle is a unique investment opportunity consisting of (11) apartment units and (1) commercial unit walking distance from iconic beaches in Laguna Beach, such as, Crescent Bay, Shaw's Cove and Fisherman's Cove. This marks the first time the property has been offered on the open market. Current ownership has invested over $1,600,000 in capital improvements, including extensive upgrades completed on property systems, interiors and exteriors. The property is located within the Laguna Beach Short Term Lodging Distract, with that a new investor may be able to obtain up to two short-term rental permits.
Features & Amenities
Interior
-
Total Bedrooms
13
Area & Lot
-
Lot Size(acres)
0.18
-
Property Type
Residential Income
Exterior
-
Garage
No
-
Parking
Covered
Financial
-
Sales Price
$10,745,000
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Location
County
Orange
Elementary School
Middle School
High School
Listing Courtesy of Michael O'Neill II , CB Richard Ellis, Inc.
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