671 NORTH COAST, LAGUNA BEACH

Posted by Danielle Dani Purcell on Thursday, November 28th, 2013 at 12:23pm.

671 North Coast, Laguna Beach

$3,495,000

An opportunity to own and develop this R-3 property in North Laguna Beach. Conceptual plans available that need formal Laguna Beach city updates and approvals. The current options are to build 3 condo units or 1 single family home. Spectacular 7,400 ocean view lot. Located on ocean side of N. Coast Hwy an extends to Cliff Drive across from Diver's Cove Beach. Property currently has 2 upper level apartment units, and a retail store fronting Coast Highway below. Outstanding tenants, who generate $80,000+ per year of rental income. An ideal opportunity for a builder who wants passive income while getting their plans approved with the city of Laguna Beach.

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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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