1105 N Coast Highway

Laguna Beach , CA 92651

MLS#: 25536285

$10,295,000

Status: Active
Listing number: 25536285
Listing provided by: CB Richard Ellis, Inc.
Listing agent phone: None
Last update: 4 days ago
On site: 3 months ago
Browse Properties
Main image without alt text

Property

Beds

13

Full Baths

None

1/2 Baths

None

Year Built

1969

Sq.Footage

8,992

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.

Features & Amenities

Interior

  • Total Bedrooms

    13

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    NO

  • Heating

    None

Exterior

  • Garage

    No

  • Parking

    Covered

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.18

  • Property Type

    Residential Income

Price

  • Sales Price

    $10,295,000

  • Sq. Footage

    8, 992

  • Price/SqFt

    $1,144

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Orange

Elementary School

Middle School

High School

Listing Courtesy of Michael O'Neill II , CB Richard Ellis, Inc.

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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.

1105 N Coast Highway

Message successfully sent.

What would you like to know?

Related Properties

PERMITTED VACATION RENTAL TRIPLEX STEPS TO CRESS STREET BEACH WITH INCREDIBLE OCEAN VIEWS, OR AMAZING DEVELOPMENT OPPORTUNITY! MOTIVATED SELLER! Endless options await, a builders dream property, that will allow development of up to 6, 1500sf luxury ocean view condos, valued at $16,500,000, or enjoy the current vacation rental income. Each future condo would easily be valued at $2,500,000 - $3,500,000, and for the savviest investors, even greater returns can be found by offering owner financing. Currently, this is a fully furnished, one-of-a-kind investment property located at one of the most desirable locations in all of Laguna Beach! Presenting the Villas of Laguna Vista. Ideal configuration across 2 individual buildings, on a fully hardscaped 7500sf sf lot, with parking for up to 6 cars. With a 12 year history on AirBNB and VRBO, this property effortlessly fills 60% occupancy each year, and at minimum, earns in excess of $400,000 annually. The potential to see income soar to $500,000+ is certainly within reach, as vacation rental occupancy can routinely reach 75-80% in this highly sought, and world famous travel destination. Few properties can offer options for development, personal use, and high level income, simultaneously. That is correct, this property can be enjoyed by the owner, friends, and family, anytime, year-round, while still earning a minimum of $400,000 every year! Includes a single family residence style villa, and completely separate duplex style villas, right at the doorstep of Cress Street Beach. The centerpiece of this extraordinary ensemble is the primary villa, a sophisticated single-level residence offering 3 spacious bedrooms and 2.5 opulent baths. This villa includes a private 1-car garage and a gated driveway accommodating up to 3 vehicles. The additional 2 villas are a 3 bedroom and 2 bath, and a 2 bedroom with 1 bath, they share a 2-car garage, accessible from Oceanfront street, ensuring privacy and tranquility to the primary villa. Each villa is fully furnished, exuding luxury and comfort, providing guests with an idyllic beach vacation experience year-round. VRBO and AirBNB Super Host accounts are included with the sale, and each of the 3 short term lodging permits will transfer to the new owner. The permits for this property, do not expire! There are few better investment opportunities anywhere in Southern California.
#OC25149783

Laguna Beach

150 Cress Street

None Beds

None Baths

3,300 Sq.Ft.

$8,249,000

MLS#: OC25149783

Stunning North Laguna property in coveted "Tree Streets" neighborhood. Total of six units including an elegant primary residence comprised of 3 bedrooms and two baths, great room, ocean views, patios, decks and professional landscaping. All new interiors. Attached to the SFR is a two level ocean view apartment which could be combined with the main residence. Then, at the rear of the property and accessed by Cedar Way, is the detached four-unit residential building. This structure is comprised of two 1-bedroom apartments and two large studio apartments. All new interiors also. Between the two property structures is a stunning garden & patio area providing a combination of entertainment and privacy for the environment. The primary residence has a two car garage and spacious driveway from Cypress. The rear structure offers two single garages, parking spaces, storage and large laundry room. Legal as a six-unit property, the options and opportunities are many for personal use and/or residential income. Located near Aster and Cypress, the site is ideal for strolling to downtown Laguna, Main Beach, Heisler Park and a multitude of restaurants, galleries and shops. This is a very special, landmark-style compound.
#LG25093897

Laguna Beach

319 Cypress Drive

None Beds

None Baths

4,000 Sq.Ft.

$8,995,000

MLS#: LG25093897

222 Arch Street in Laguna Beach is a 13-unit complex nestled atop Pacific Coast Hwy overlooking the Pacific Ocean in one of the premiere coastal housing markets in the nation. Built in 1971, this complex has an outstanding unit mix of 100% two- and three- bedroom units, with an average square foot per unit of almost 1,000 square feet. All units have a luxurious ocean view and in unit stacked washer and dryer. Units also have private balconies and individual rollup door garage parking. There have been recent interior renovations including new granite countertops and cabinets, new flooring, new custom bathroom tile, vanities and lighting. The stainless-steel appliance package includes stovetop oven, built in microwave, dishwasher, sink and faucet, and refrigerator. The updated exterior has a nice sign package, double pane vinyl windows and an interior courtyard with seating area and BBQ. The property's Class A location in Laguna Beach puts the property near major retail, educational and employment opportunities. 222 Arch street is short walk to many small beaches, Surf and Sand Resort Laguna Beach and the Montage Laguna Beach. Continuing in either direction takes you to Main Beach Laguna and Dana Point Harbor. The mild climate, walkable main beach area, scenic coves, and great beaches make Laguna Beach one of the most desirable communities for everyone. There is approximately 380 square feet of space that was previously used as a laundry room and a storage room, both of which have active plumbing and drainage. The space also includes electrical wiring, recessed lighting, and two slider windows that could be suitable for a living area and a bathroom. The former laundry room could potentially be converted into a bathroom, and the shared plumbing wall may allow for the installation of a kitchenette in the larger storage room. As a studio layout, no additional walls would be required aside from a door separating the two rooms. The drywall and lighting were recently completed with permits and inspected by the city. If converted into an ADU, there would still be an additional small storage area available near Unit 10 for essential building supplies.
#25509615

Laguna Beach

222 Arch Street

None Beds

None Baths

12,307 Sq.Ft.

$11,500,000

MLS#: 25509615

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here