$3,990,000 - 260 Diamond Street, Laguna Beach

  • 0Beds
  • Baths
  • 0SQ. Feet
  • 0.17Acres

INVESTMENT OPPORTUNITY - WOODS COVE STEPS TO THE SAND WITH FULLY APPROVED PLANS FOR ADDITIONAL 844 SQ FT = 4,609 SQFT. STUNNING OCEAN VIEW, 4 CAR GARAGE PLUS 4 ONSITE PARKING SPACES. ZONING: R2 - 2 UNIT DUPLEX WITH NEWLY CONSTRUCTED DETACHED FREE-STANDING SINGLE FAMILY RESIDENTS WITH PRIVATE YARD. THIS PROPERTY CURRENTLY HAS A CAP RATE OF 2.27% WITH EXISTING RENTS. PRO FORMA PROJECTED CAP RATE FOR 30+ DAYS FURNISHED RENTAL ARE APPROXIMATELY 6.3% OR HIGHER. WOODS COVE LOCATION WITH VIEWS, INCOME, PARKING ON OVERSIZE LOT WITH APPROVED PLANS. DOESN'T GET ANY BETTER THAN THIS IN LAGUNA BEACH.

Sales Agent

Sam SmithLaguna Beach Realtors ®Phone: 949-355-1622Cell: 949-355-1622Contact Agent Now

Essential Information

  • MLS® #:OC21161853
  • Price:$3,990,000
  • Bathrooms:0.00
  • Acres:0.17
  • Year Built:1974
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:260 Diamond Street
  • Area:LV - Laguna Village
  • Subdivision:Woods Cove (WC)
  • City:Laguna Beach
  • County:Orange
  • State:CA
  • Zip Code:92651

Amenities

  • Parking Spaces:4
  • Parking:Direct Access, Driveway, Garage, Paved
  • # of Garages:4
  • Garages:Direct Access, Driveway, Garage, Paved
  • View:Ocean
  • Pool:None

Interior

  • Interior:Carpet, Tile
  • Interior Features:Balcony, Multiple Staircases
  • Heating:See Remarks
  • Cooling:See Remarks
  • Fireplace:Yes
  • Fireplaces:Gas, See Remarks

Exterior

  • Lot Description:2-5 Units/Acre, Landscaped, Paved
  • Roof:Shingle
  • Foundation:Slab

Additional Information

  • Date Listed:July 14th, 2021
  • Days on Market:88
  • HOA Fees:0.00

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North Laguna (nl)

  • City:
    Laguna Beach
  • Price Range:
    $2,495,000 - $3,975,000
  • Current Listings:
    3
  • HOA Dues:
    $0
  • Average Price per Square Foot:
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Provided By: Scott Sumner, RE/MAX ONE.

Based on information from California Regional Multiple Listing Service, Inc. as of October 19th, 2021 at 5:46am PDT. 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.