432 Ocean Avenue, Laguna Beach CA, 92651

Sold

432 Ocean Avenue

Laguna Beach CA, 92651

$3,000,050

$511.52 per sqft

Sold

5,865 sqft

Residential

Built in 1939

Listed by Cary Glenn with Main Beach Realty 949-715-2078

"HISTORIC GEM" in downtown Laguna Beach. This amazing property has been owned by the same family for over 40 years! It consists of 4 separate buildings totaling 5,865 sq.ft on a 6400+ sq.ft. lot. There are 8 units consisting of studios, one bedroom, 2 bedroom and 3 bedroom units. There is the ability to lease 2 of the units as commercial spaces. Finding this number of rental units in downtown Laguna is virtually impossible. This property truly exemplifies the charm of Laguna Beach with it's large beautiful patios, wood framed windows, hardwood floors and a true feeling of the historic past. It offers someone the opportunity to generate significant and steady rental income with consistent growth. One could also keep a unit for themselves, for those much needed weekend getaways. The possibilities are endless. Do not miss this opportunity to own a beautiful and historic part of Laguna Beach.

LG14223580

MLSⓇ ID

March 18, 2024

Updated

Map

432 Ocean Avenue
Laguna Beach CA, 92651

Interior Features

Fireplace: Yes
Fireplace Description: Living Room
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.15 Acres
Lot Features: Level
Architectual Style: Cottage, Craftsman
Roof: Composition, Shingle
Sewer: Sewer Tap Paid

Other Property Details

Area Name: LV - Laguna Village
Days on Market: 13
Garage: No
Parking: On Street
Parking Total: 0
View: No
County: Orange
Water Source: Public
Pool: No
Pool Features: None

Listing Contact: 949-715-2078

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/18/2024 at 7:19 PM UTC