1295 Ocean Front, Laguna Beach, CA 92651

$6,875,000
2,500
SqFt
List Price
$6,875,000
Price Change
▼ $325,000 1558691391
Status
ACTIVE
MLS#
LG18116241
Year Built
2005
Living Sq. Ft
2,500
Lot Size
4,238
Acres
0.0973
Lot Location
2-5 Units/Acre, Corner Lot
Days on Market
400
Property Type
Multifamily
Style
Craftsman
Stories
Two Level
Neighborhood
The Village (Vil)

Property Description

Just Reduced! Seller Motivated to Sell now! Luxury Ocean Front duplex, turn-key - situated in the heart of Laguna Village, just steps from all the shops, restaurants, galleries in the "Hip District". Panoramic whitewater & Catalina Island views from nearly every room in both the Penthouse/Upper and Lower contemporary cottage duplex. This remodeled property sits on a corner lot where Cress Street meets the Pacific Ocean - has no southerly neighbor - this is as exclusive as ocean front gets in downtown Laguna Beach! Expansive wrap-around decks on both levels for BBQ entertaining & lounging. Beautifully remodeled, fully furnished, equipped for the most discriminating clientele. Open concept with High-beamed ceilings, hardwood floors throughout. Large Chef's kitchen in both units with island that opens to Living room with walls of windows looking out to white water ocean views. Top-of-the-line appliances & decor. Large upper with Spacious Master suite extends to a large office area overlooking the waves. Step down to the beach or stroll around the corner to fun, local amenities, festivals, beaches. Great Income producing property (with verified rents of $9,500-20,000/mo for upper unit at 1295 Ocean Front and $7,500-18,000/mo for lower unit at 1293 Ocean Front. Also ideal as a second home while enjoying lucrative income from unit below (recurring tenants are tried and true!)

Additional Information

Tract Number
415
Lot Description
Street Lights
Pool Description
None
Fireplace Description
Living Room
Heat
Forced Air
Cooling
Yes
Cooling Description
Central Air, See Remarks
View
Catalina, City Lights, Coastline, Ocean, Panoramic, Water, White Water
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Total Number of Units
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Catherine Porter from Laguna Coast Real Estate

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.