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1295 Ocean Front, Laguna Beach, CA 92651

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1295 Ocean Front
Laguna Beach, CA 92651

For Sale: $7,200,000

Property Type: Duplex
MLS#: LG18116241

  • Building Size: 2500 SF
  • Lot Size: 4238 SF
  • Number of Units: 2
  • Number of Stories: 2
  • Year Built: 2005
  • Days on market: 250
  • Cap Rate: 2.14
  • Net Operating Income: $157,525
  • Rent Control: No
  • GRM: 28.77
  • Contact Listing Agent Direct:
  • Catherine Porter, Laguna Coast Real Estate


Property Description

Luxury Ocean Front duplex, situated in the heart of Laguna Village, just steps from all the shops, restaurants and galleries in the "Hip District". Panoramic whitewater and Catalina Island views from nearly every room in both the Penthouse/Upper and the Lower contemporary cottage duplex. This remodeled property sits on a corner lot and has no southerly neighbor - this is as 'exclusive' as ocean front gets in downtown Laguna Beach. Expansive wrap-around decks on both levels. Beautifully remodeled, fully furnished and equipped with Open-concept living, high-beamed ceilings and hardwood floors throughout, with walls of windows looking out to white water ocean views. All top-of-the-line appliances and decor with inside Laundry and 2-ca garage parking plus carport. Step down to the beach or stroll around the corner to fun, local amenities - festivals, beaches and tide pool coves. Great Income producing property (with history of 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. --


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1295 Ocean Front, Laguna Beach, CA 92651

Based on information from California Regional Multiple Listing Service, Inc. as of December 29, 2018. 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.

Listing provided by: Catherine Porter, Laguna Coast Real Estate

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