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31732 Coast, Laguna Beach, CA 92651

Property Details

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31732 Coast
Laguna Beach, CA 92651

For Sale: $2,629,500

Property Type: Triplex
MLS#: NP18257318

  • Building Size: 2725 SF
  • Lot Size: 3920 SF
  • Number of Units: 3
  • Number of Stories: 3
  • Year Built: 1939
  • Days on market: 154
  • Cap Rate: 4.28
  • Net Operating Income: $112,577
  • Rent Control: No
  • Contact Listing Agent Direct:
  • Mark Simon, Berkshire Hathaway Homeservice

Property Description

Rare Ocean view mixed use commercial building in highly desirable South Laguna Beach. This Ocean view property is comprised three units. One commercial unit and two residential units. Along the Coast Highway there is a very popular local restaurant with 18 seats on the patio for al fresco dining and 38 seats inside. The restaurant has two large clean kitchen areas, a storage room, a cold storage room, and a rest room. Along Virginia Way there is an incredible two bedroom apartment that enjoys stunning Ocean views from both levels. Two massive Ocean view decks allow for panoramic Ocean views from the living room with it's rock fireplace, the kitchen, and the master bedroom. The Ocean view living room and deck are on the upper level along with the galley kitchen, dining area, and one bedroom en suite with a full bath. The lower level contains the Ocean view master bedroom and a full bath, the voluminous Ocean view deck, a den with a wet bar, a laundry room, and the one car garage. The second residential unit is a studio with a granite kitchen counter top, a full size refrigerator, stove, and oven, and a 3/4 bath. It has a peek a boo ocean view. There are three residential parking spots. One garage space and two uncovered off street spots. This property includes an owned solar system.

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31732 Coast, Laguna Beach, CA 92651

Based on information from California Regional Multiple Listing Service, Inc. as of February 19, 2019. 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: Mark Simon, Berkshire Hathaway Homeservice

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