Laguna Beach, CA 92651,688 690 S COAST HWY S

$7,375,000

$7,595,000

2.9%
Est.Price: ?

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Est. payment /mo

9,496 Sqft Lot


SOLD DATE : 04/25/2016

Key Details

Sold Price $7,375,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW15239512

Sold Date 04/25/16

HOA Y/N No

Year Built 1973

Lot Size 9,496 Sqft

Property Description

BACK ON MARKET! $300,000 PRICE REDUCTION. The subject property is a unique find in Laguna Beach with both commercial and residential income opportunities. This property has 14 luxury rooms, each uniquely designed in its own soft contemporary theme, are enhanced with the outdoor relaxation area, barbeque and spa. The property has gated secure parking for 17 cars, storage and laundry facilities. Each room has one or two tempur-pedic beds, 42" flat screen television, gas fireplace, Luxury Linens, Private Bathroom with Shower, Walk-In Closet, Outdoor Patio, Beach Towels, Refrigerator, Microwave/Convection Oven, Kitchenette with Granite, Countertop, Stovetop, Drinkware, Dinnerware, Flatware, Lavatory with Granite Countertop, Air Conditioning and Heating.

*The scheduled income already has deducted vacancy. $879,984 is the Actual collected income for the trailing 12 months.

Location

State CA

County Orange

Area Lv - Laguna Village

Interior

Interior Features Granite Counters

Heating Central

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Covered, Gated

Pool None

Community Features Curbs, Sidewalks

Utilities Available Sewer Available

Waterfront Description Beach Access,Ocean Access

View Y/N Yes

View City Lights, Coastline

Roof Type Composition

Total Parking Spaces 17

Private Pool No

Building

Story Two

Entry Level Two

Water Public

Architectural Style Modern

Level or Stories Two

Others

Senior Community No

Tax ID 64403616

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jay Skenderian • Morgan Skenderian
Bought with THOMAS KADAR • THOMAS KADAR, BROKER
agent-avatar

+1(619) 519-2303

steve@stevelucal.com

PO Box 181892, Coronado, California, 92178, United States

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