Laguna Beach, CA 92651,673 N Coast HWY

$3,495,000

Est. payment /mo
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

Property Type Residential

Sub Type MixedUse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,150 sqft

Price per Sqft $995

Subdivision North Laguna (Nl)

MLS Listing ID OC14065883

Bedrooms 3

Full Baths 3

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 ForcedAir

Cooling None

Fireplaces Type None

Exterior

Garage Assigned

Pool None

Community Features Curbs, Sidewalks

Utilities Available SewerAvailable, SewerConnected

Waterfront Description OceanSideOfHighway

View Y/N Yes

View Catalina, Coastline, Ocean, Panoramic, Water

Building

Story Two

Sewer SewerTapPaid

Water Public

Others

Acceptable Financing Cash, CashtoNewLoan

Listing Terms Cash, CashtoNewLoan

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

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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