Listing ID : 20614698
-
Beds
2 -
Year
1954
Description
Significant rental upside and current value add by converting property to original city permitted 11 apartments and 3 commercial spaces. The property is zoned Commercial and the City may entertain a permit allowing for weekly short-term rentals. If this is accomplished this may increase the property's income and value substantially. The Gallery is an ideal opportunity for a investor to take advantage of purchasing a rarely-available commercial mixed-use property in the world class resort town of Laguna Be
Details
Type:
Multi-Family/Income Sale
County: Orange
Tax ID: 49612214
Net Operating Income: $323,172
Heating: Forced Air
Number of Units: 10
Property Type: Residential Income
Sub Type: Multi Family
Zoning: C-1
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336 N. Coast Hwy., Laguna Beach, CA 92651
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