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2442 S Coast

Laguna Beach, CA 92651
  • $9,500,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: OC24024333
UPDATED: 26 min ago
$9,500,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Peter Hauser of NorthMarq Realty Services, Inc (949-717-5200)


Description

2442 Laguna is a rare fully renovated 8-unit, three-story, ocean view oriented apartment community built in 1964. Located in the city of Laguna Beach, California, situated on .222 acres of land, this property contains one building constructed of wood frame, and stucco with stone accents. The roof system is flat built up. 2442 Laguna is comprised of a majority two-bedroom / two-bathroom units, with an average unit size of 1,124 sf.2442 Laguna features panoramic ocean and Catalina Island views which enrich every residence"each offering its own unique character through an array of chic features that vary by unit. Recent DRE Approval - Active TIC (Tenant in Common Ownership Structure), which could allow for individual sale of units.Open floorplans showcase large balconies or expansive rooftop decks, hardwood flooring in a variety of colors, contemporary fireplaces, new windows and glass doors, water- and energy-saving washer and dryer sets, jetted bathtubs, walk-in closets, Noritz instant hot water systems, and state-of-the-art wiring for full HDTV, surround sound, home automation and security systems.Each unit is centered around a modern chefs kitchen with island, a variety of solid-surface and stone countertops, Wolf ranges and hoods, Sub-Zero refrigerators, Bosch dishwashers, and sleek new cabinetry. Residents will enjoy easy access to stunningly beautiful beaches and coves, a broad spectrum of restaurants and shops, Lagunas popular Main Beach, Aliso Beach, parks, hiking trails, and luxe hotels, including Montage Resort & Spa.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-03T14:28:41.297. 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 deemed reliable but is not guaranteed accurate by the MLS or Brianna Miller | Synergy Real Estate. Licensed in the State of California, USA.
www.briannasellshomes.com/homes/147223891
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2442 S Coast Laguna Beach, CA 92651

  • Price: $9,500,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 26 min ago
  • ID#: OC24024333
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1964
Built
Neighborhood:
Upper Victoria Beach (Uvb)
County:
Orange
Area:
LV - Laguna Village
Property Description
2442 Laguna is a rare fully renovated 8-unit, three-story, ocean view oriented apartment community built in 1964. Located in the city of Laguna Beach, California, situated on .222 acres of land, this property contains one building constructed of wood frame, and stucco with stone accents. The roof system is flat built up. 2442 Laguna is comprised of a majority two-bedroom / two-bathroom units, with an average unit size of 1,124 sf.2442 Laguna features panoramic ocean and Catalina Island views which enrich every residence"each offering its own unique character through an array of chic features that vary by unit. Recent DRE Approval - Active TIC (Tenant in Common Ownership Structure), which could allow for individual sale of units.Open floorplans showcase large balconies or expansive rooftop decks, hardwood flooring in a variety of colors, contemporary fireplaces, new windows and glass doors, water- and energy-saving washer and dryer sets, jetted bathtubs, walk-in closets, Noritz instant hot water systems, and state-of-the-art wiring for full HDTV, surround sound, home automation and security systems.Each unit is centered around a modern chefs kitchen with island, a variety of solid-surface and stone countertops, Wolf ranges and hoods, Sub-Zero refrigerators, Bosch dishwashers, and sleek new cabinetry. Residents will enjoy easy access to stunningly beautiful beaches and coves, a broad spectrum of restaurants and shops, Lagunas popular Main Beach, Aliso Beach, parks, hiking trails, and luxe hotels, including Montage Resort & Spa.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features Bluff Number Of Separate Electric Meters 8 Open Parking Spaces 6 Parking Total 10 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Appliances DryerWasher Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features BikingWater Sports Electric Expense 0 Fuel Expense 8652 Garage YN Yes Gross Income 460164 Gross Scheduled Income 474396 Insurance Expense 6500 Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 322179 New Construction YN No Number Of Separate Gas Meters 8 Number Of Separate Water Meters 8 Operating Expense 137985 Property Condition Turnkey Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance 14232 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-03T14:28:41.297. 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 deemed reliable but is not guaranteed accurate by the MLS or Brianna Miller | Synergy Real Estate. Licensed in the State of California, USA.
 
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Brianna Miller | Synergy Real Estate
140 N. Harvard Avenue #341
Claremont CA, 91711
Listing Agent(s): Peter Hauser of NorthMarq Realty Services, Inc (949-717-5200)