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.
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