Tagged : Laguna Beach Income Properties

Laguna Beach is well known for having some of the most expenpsive and exclusive gated communities in Laguna Beach.  Gated neighborhoods like Emerald Bay, Irvine Cove and Three Arch Bay can have homes listed well above $20 million dollars.  There are also smaller gated communities that still offer a secure gated entrance but with far less formality.  One of these smaller neighborhoods that even most locals may not know about is the Hidden Valley Canyon community.   If you are familiar with the city of Laguna Beach imagine driving up Temple Hills Drive and then coming back down Park Avenue.  About halfway done is a small gated street called Hidden Valley Canyon road.  Homes in this community city date back to the 1920's and have a lot of charm and character

Laguna Beach is mainly filled with residential single family homes and condos but has a fair number of income properties that are mainly located in the downtown Laguna Village area.   Many of the buildings will offer ocean view units that can range anywhere from a small duplex property to a 13 unit condo complex.  There are several things to keep in mind when looking at income properties which are unique to Laguna Beach.

First, it's not all about the numbers when looking at real estate prices for income property.  Many real estate investors look at the numbers and then they should receive a cash flow base on a 10 to 20% down payment.  Things normally don't work that way here in Laguna Beach as the listing price has many factors which include the