Sandcastle is a unique investment opportunity consisting of (11) apartment units and (1) commercial unit walking distance from iconic beaches in Laguna Beach, such as, Crescent Bay, Shaw's Cove and Fisherman's Cove. This marks the first time the property has been offered on the open market. Current ownership has invested over $1,600,000 in capital improvements, including extensive upgrades completed on property systems, interiors and exteriors. The property is located within the Laguna Beach Short Term Lodging Distract, with that a new investor may be able to obtain up to two short-term rental permits.
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Listing Snapshot
Price
$10,745,000
Days On Site
70 Days
Bedrooms
13
Inside Area (SqFt)
8,992 sqft
Total Baths
13
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.18 Acres
Year Built
1969
MLS® Number
25536285
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
3 weeks ago
Listing updated with changes from the MLS®
4 weeks ago
Price changed to $10,745,000
2 months ago
Listing first seen on site
General Features
Acres
0.18
Number Of Stories
3
Parking
Covered
Parking Spaces
10
Special Circumstances
Standard
SqFt Total
8992
Stories
Two
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Community Features
MLS Area
NL - North Laguna
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. The 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, the 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.
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