1252 GLENNEYRE STREET, LAGUNA BEACH

Posted by Danielle Dani Purcell on Tuesday, June 3rd, 2014 at 6:59pm.

1252 GLENNEYRE STREET, LAGUNA BEACH

$1,950,000

Investor's Dream: location, location, location in the heart of Laguna Village. Four residences: 1252-1264 Glenneyre St. situated on a double street to alley lot just steps to the beach. Flexible zoning: residential income or neighborhood commercial: Retreat, B & B, Artist Live/Work, Professonal Services or Residential Compound. 1254 is the main 2BR mini-lodge with remodeled kitchen & bath. 1264 is a separate 1 BR log cabin, circa 1929, with remodeled kitchen & bath. 1252 is a 1BR main level unit with remodeled kitchenette & bath. 1262 is an upper level studio, with large ocean view deck; both units are circa 1925. Entire property has been updated with new plumbing, tankless hot water heaters, roofs & decks. Good Catalina Island/Ocean views from 3 of the 4 cabins. Three single car garages on alley with room to expand existing structure & take advantage of more views & income. This could be a golden opportunity for the right buyer who is looking for a unique property with unlimited possibilities while enjoying an existing income stream. Furnishings are negotiable; no down time in rents. 

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Hope You Found This Information Helpful!

Thank You,

Danielle Purcell
Team Laguna Real Estate
Owner/Broker
01063725
949-874-1187

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