WOW! HUGE PRICE REDUCTION. EXCEPTIONAL VALUE AT THIS PRICE. Location, with OCEAN VIEW, will always be the most important feature in a property's value. This home has the location; it is across the street from the premier Montage Resort and Spa, City of Laguna Beach Treasure Island Park and secluded white sand beach coves and glimmering waters. The nearby shopping center has a Gelson's Market as the anchor tenant. Steps away from Laguna Beach trolley stop with free transportation to downtown Laguna to the north and the Ritz Carlton to the south. The home has an inviting floor plan with an ocean view, open living/kitchen area, leading directly to an ocean view deck. Master bedroom and bath are adjacent to the central living area, with second bedroom and bath down a hall. High ceilings, new deck materials, fireplace, stacked waster/dryer, bright windows, two assigned, reserved parking spaces, close-by guest parking, common community pool and spa. Laguna Terrace homeowners enjoy a 20 year lease with an annual space rent increase of 3% or CPI, whichever is greater. Current monthly space rent is $3096, plus utilities. Laguna Terrace Serial #17617367PA/B.
Based on information from California Regional Multiple Listing Service, Inc. as of April 22nd, 2019 at 11:47am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.