SUBMIT ALL OFFERS! SELLER MOTIVATED! The subject property is a mixed used apartment/retail totaling (8) units, that consist of (2) Studios, (3) 1BR/1BA, (1) 1BR/1BA Cottage and (2) retail stores. The property consists of two individual parcels which could be sold separately. All apartment units receive spectacular ocean views over Pacific Coast Highway while the retail has prime frontage on Pacific Coast Highway. The buildings has been family owned for 30+ years with long term tenants leaving current rents well below market levels. A new investor can improve the physical attributes of the building allowing major increases in rents and total income to achieve significantly higher cash flow. Actual address is 2924-2944 S. Coast Hwy.
If you have any questions about selling your home, or would like to view this or any Laguna Beach properties you may be curious about, please don't hesitate to contact us or call 949.464.1063 for assistance.
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Danielle Purcell Team Laguna Real Estate Owner/Broker 01063725 949-874-1187