931 S Coast

    Laguna Beach, CA 92651
    • $5,825,000
    • STATUS: Closed
    • ON SITE: 216 days
    • ID#: LG18076761
    Sold - 08/17/2018
    $5,825,000
    SOLD - 08/17/2018
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,638
      SQFT
    • $1,033
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    One of Laguna's "Trophy Properties" owned by the same family for 46 years. This Architecturally interesting Post and Beam design is located on the ocean-side of Pacific Coast Highway in the center of town. The Pacific Coast Highway location next to the corner of Thalia Street makes this building command attention. Good ocean views from the six residential units on the ocean side of the building, it is only steps to the sand for the tenants. The Coast Highway building contains two commercial units each of approximately 500 square feet. (Currently they are combined). Each of the commercial units has it's own bathroom and two parking spaces, tandem. Between the commercial space there is a courtyard area with a separate two story building consisting of six residential units. Three on the upper & three on the lower. All one bedroom units of the same size with balconies and ocean Views. There are eight tandem parking spaces which are accessed off the rear on Gaviota Street, (Two for each unit). There is a separate laundry area with coin-op washer/dryer & tenant storage cabinets off the carport area. Easy access to popular Thalia Street Beach or Anita Street Beach.

    Sold by Gary Hawley of Laguna Beach Properties.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T21:31:24.24. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/82430814

    931 S Coast Laguna Beach, CA 92651

    • Price: $6,700,000
    • Status: Closed
    • Updated: 61 min ago
    • ID#: LG18076761
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    5,638
    SQFT
    $1,033
    $/SQFT
    1965
    Built
    Neighborhood:
    Top Of The World (Tow)
    County:
    Orange
    Area:
    LV - Laguna Village
    Property Description
    One of Laguna's "Trophy Properties" owned by the same family for 46 years. This Architecturally interesting Post and Beam design is located on the ocean-side of Pacific Coast Highway in the center of town. The Pacific Coast Highway location next to the corner of Thalia Street makes this building command attention. Good ocean views from the six residential units on the ocean side of the building, it is only steps to the sand for the tenants. The Coast Highway building contains two commercial units each of approximately 500 square feet. (Currently they are combined). Each of the commercial units has it's own bathroom and two parking spaces, tandem. Between the commercial space there is a courtyard area with a separate two story building consisting of six residential units. Three on the upper & three on the lower. All one bedroom units of the same size with balconies and ocean Views. There are eight tandem parking spaces which are accessed off the rear on Gaviota Street, (Two for each unit). There is a separate laundry area with coin-op washer/dryer & tenant storage cabinets off the carport area. Easy access to popular Thalia Street Beach or Anita Street Beach.
    Exterior Features

    Carport Spaces 7.00 Construction Materials Stucco Exterior Features Rain Gutters Garage Spaces 0.00 Lot Features Utilities - OverheadWalkstreet Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedOn Site Parking Total 16.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City StreetHighway Road Surface Type Paved Roof AsphaltCompositionFlatTar/Gravel

    Interior Features

    Appliances Garbage DisposalGas OvenGas RangeMicrowave Appliances YN Yes Average Studio Area 0 Average Studio Area Units Square Feet Average1 Bed Area 773 Average1 Bed Area Units Square Feet Average2 Bed Area 0 Average2 Bed Area Units Square Feet Average3 Bed Area 0 Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetLaminateTile Heating Forced Air Heating YN Yes Interior Features Living Room Deck AttachedTandemUnfurnished Laundry Features CommunityDryer IncludedIndividual RoomWasher Included Levels Two Room Type EntryLaundryLiving RoomMain Floor BedroomMain Floor Master BedroomUtility Room

    Property Features

    Accessibility Features None Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features SidewalksStorm DrainsStreet Lighting Country Us Electric Expense 402.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1800.00 Gross Income 0.00 Gross Scheduled Income 179808.00 Insurance Expense 4922.00 Land Lease YN No Laundry YN Yes Net Operating Income 141431.00 New Taxes Expense 83750.00 Number Of Separate Electric Meters 9 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Number Of Units Leased 8 Number With Carpet 6 Number With Dishwasher 0 Number With Disposal 6 Number With Drapes 0 Number With Patio 6 Number With Range 6 Number With Refrigerator 6 Operating Expense 22155.00 Professional Management Expense 17000.00 Property Sub Type Commercial/Residential Rent Control YN No Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Subdivision Name Other Top Of The World (Tow) Tenant Pays Cable TvElectricityGas Total Actual Rent 14984.00 Total Expenses 95033.00 Trash Expense 509.00 Utilities Cable AvailableNatural Gas AvailablePhone AvailableSewer ConnectedWater Connected Water Sewer Expense 1950.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Gary Hawley of Laguna Beach Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T21:31:24.24. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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