400 404 Loma Terrace, Laguna Beach

$7,750,000

0 Beds
0 Baths
9,460 Sqft
.38 Acres
0 Garages

400 & 404 Loma Terrace is an 8-unit multifamily investment property located in Laguna Beach, one of the premier coastal housing markets in Southern California. As 400 & 404 Loma Terrace are located on two, adjacent parcels, the property can be purchased with long-term residential financing. The unique 9,460 square foot property consists of spacious two- and three-bedroom units with large private balconies and expansive ocean views. 400 & 404 Loma Terrace is situated in downtown Laguna Beach, which is home to a plethora of cultural, recreational, and culinary attractions. Tenants are within walking distance to world famous Main Beach and the annual Festival of Arts and Pageant of the Masters art exhibition as well as the numerous restaurants that line Pacific Coast Highway.

Essential Information
MLS® #OC19062648
Price$7,750,000
Bathrooms0.00
Square Footage9,460
Acres0.38
Year Built1965
TypeResidential Income
StatusActive
Community Information
Address400 404 Loma Terrace
AreaLaguna Village (LV)
SubdivisionMain Beach (BCH)
CityLaguna Beach
CountyOrange
StateCA
Zip Code92651
Amenities
Parking Spaces10
Exterior
Lot DescriptionLandscaped
Additional Information
Date ListedMarch 20th, 2019
Days on Market85
Listing Details
AgentTyler Leeson(01451551)
OfficeMarcus & Millichap RE Invest
Property History
Price Reduced from $8,300,000 to $7,750,000
Price Reduced from $8,900,000 to $8,300,000

Get directions to this property:

Properties for Sale Similar to 400 404 Loma Terrace, Laguna Beach, CA

Photo of Listing #OC19090148

150 Cress Street, Laguna Beach

$6,800,000 - 3,415 Sf

MLS® # OC19090148

Photo of Listing #LG19082047

2442 S Coast Highway, Laguna Beach

$9,250,000 - 8,991 Sf

MLS® # LG19082047

Photo of Listing #LG18116241

1295 Ocean Front, Laguna Beach

$6,875,000 - 2,500 Sf

MLS® # LG18116241

Based on information from California Regional Multiple Listing Service, Inc. as of June 25th, 2019 at 9:32am 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.

Contact Team Laguna