$4,500,000
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304 Myrtle ST Laguna Beach, CA 92651
3,135 SqFt
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,135 sqft
Price per Sqft $1,315
Subdivision North Laguna (Nl)
MLS Listing ID LG24070119
Year Built 1942
Lot Size 6,329 Sqft
Property Description
Offered for the first time in over 80 years, this extremely rare, iconic Spanish-Revival property epitomizes the classic "native" California architecture and style. Located on a prime corner in North Laguna Beach, the most desirable part of town, within blocks of world-famous beaches, art galleries, restaurants and other nearby attractions. Offering an eclectic mix of one two-bedroom unit, four one-bedroom units, one studio, three one-car garages and a dedicated laundry room, there is an endless demand for quality rental properties in Laguna Beach with an unusually high ceiling for rents - especially this close to the water. Towering 100+ year-old palm trees sway in the ocean-breeze surrounding this trophy property. This is a unique investment property, the likes of which may not be appear again for a very long time.
Location
State CA
County Orange
Area Nl - North Laguna
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Combination
Cooling None
Flooring Tile, Wood
Fireplaces Type None
Laundry Common Area
Exterior
Garage Door-Multi, Garage, Garage Faces Rear
Garage Spaces 3.0
Garage Description 3.0
Fence None
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Peek-A-Boo
Roof Type Spanish Tile
Building
Lot Description Corner Lot
Story 2
Foundation Slab
Sewer Sewer Tap Paid
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Bought with Mark Langer • Far West Management Corporation