677 NORTH COAST, LAGUNA BEACH

$3,495,000

A rare opportunity to own and develop in one of the best locations in North Laguna Beach. Spectacular 7,400sqft Ocean-View lot comes with full set of drawings, plans, and renderings. This location is ideal to build 3 spacious Luxury condos with individual ocean-view terraces, ground level parking, a general lawn/bbq area, and another separate garage off of PCH, or to build a custom single family luxury home. Property currently has 2 upper level condo units, and a retail store front 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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