220 Cliff Drive

Laguna Beach, CA 92651

$5,400,000

List Price

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1949

calendar_month Built

Property Description

Iconic Laguna Beach Cottage Income Property with Stunning Ocean Views – A Rare Investment Opportunity! Step into the essence of coastal charm and timeless elegance with this quintessential Laguna Beach cottage-style income property! This is more than just an investment; it’s a chance to own a piece of paradise in one of the most coveted locations along the California coast. Imagine whitewater views stretching over Main Beach from every angle, bringing in the tranquility and allure of the ocean. This exceptional property includes five legal, non-conforming units that make it truly stand out in the Laguna rental market. Unit Mix: (2) 2bd/2b, (2) 1bd/1b, (1) Studio – ideal for maximizing rental income and catering to diverse tenant needs. Prime Location: Just a stone’s throw from Main Beach and the vibrant Laguna Beach Downtown, where shops, art galleries, and restaurants await. Move-in Ready: All units capture the laid-back charm that defines Laguna Beach living. Whether you’re a seasoned investor or a discerning buyer seeking the perfect coastal property, this is an unmissable opportunity. With its unbeatable location, ocean views, this property is positioned for exceptional income potential and long-term appreciation.

Listing Information

List Price $5,400,000
Status Active
MLS OC24227413
HOA $0
Type Residential Income
Subtype Mixed Use
Year Built 1949
Lot Size 4,792
Structure Size N/A
Courtesy Of Real Broker
Listing Agent Patricia Gregory DRE#01182154

Interior Features

Laundry Information
Location(s) Common Area, Laundry Room
Total Bedroom
Bedrooms N/A
Total Bathroom
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Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Patricia Gregory, Real Broker . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 11th, 2024 at 3:18 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.