Tagged : laguna beach duplex

Laguna Beach has a wide variety of housing offered for sale that includes residential income duplex properties.  These are very common in this beach town and often feature wonderful views of the Pacific Ocean.  In the last week there have been 3 new ocean view listings to come on the market that offer the ability to rent out one side of the property while living in the other side.  For many this makes more economical sense and helps pay the high monthly mortgage payment that many Laguna Beach properties will carry.  Here is a quick guide to these listings.

1249 Ocean Front is a luxury duplex property located on the ocean front.  The views don't get more dramatic than this with crashing waves directly below you while being located just a short distance

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There are many benefits in investing in a duplex for sale in Laguna Beach, California.  For many, living in one unit and collecting rent from the other unit to help pay for the mortgage is a smart way to buy a home in California.  With home prices well above other parts of the country, buying a duplex makes the home buying process a little easier.  For others, like real estate investors, renting out both sides as an investment property makes more sense.  Numbers are crunched and potential rental income is compared to what taxes and insurances will cost  you on a monthly basis.  To make this work in California a large down payment is usually required.  The payout is the long term investment of property values going up at a higher increased rate than other…