729 Ocean Front

    Laguna Beach, CA 92651
    • $11,800,000
    • STATUS: Active
    • ON SITE: 134 days
    • ID#: NP19242533
    UPDATED: 49 min ago
    $11,800,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,800
      SQFT
    • $2,458
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    A renowned community of eight ultra-luxurious vacation rentals located right on the Pacific Ocean in one of California+GGs most beautiful coastlines in Orange County+GGs spectacular Laguna Beach. The Retreat+GGs intimate Tuscany-esque village environment sets it apart from other Laguna Beach vacation rentals. At the heart of the village is its +G+village square+G-, a well-appointed ocean view deck +GG the perfect Laguna Beach gathering spot. The Retreat in Laguna is just a few blocks away from historic downtown Laguna Beach where guests can explore all of the galleries, restaurants or gift shops.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T20:31:17.817. 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 deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

    www.livelovethefoothills.com/homes/99954332

    729 Ocean Front Laguna Beach, CA 92651

    • Price: $11,800,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: NP19242533
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    4,800
    SQFT
    $2,458
    $/SQFT
    1960
    Built
    Neighborhood:
    The Village (Vil)
    County:
    Orange
    Area:
    LV - Laguna Village
    Property Description
    A renowned community of eight ultra-luxurious vacation rentals located right on the Pacific Ocean in one of California+GGs most beautiful coastlines in Orange County+GGs spectacular Laguna Beach. The Retreat+GGs intimate Tuscany-esque village environment sets it apart from other Laguna Beach vacation rentals. At the heart of the village is its +G+village square+G-, a well-appointed ocean view deck +GG the perfect Laguna Beach gathering spot. The Retreat in Laguna is just a few blocks away from historic downtown Laguna Beach where guests can explore all of the galleries, restaurants or gift shops.
    Exterior Features

    Garage Spaces 2.00 Lot Features 6-10 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedGarage Parking Total 8.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 600 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features In Garage Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.72 Community Features Street Lights Country Us Electric Expense 22233.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 3000.00 Gross Income 801568.00 Gross Scheduled Income 801568.00 Insurance Expense 16888.00 Land Lease YN No Laundry YN Yes Net Operating Income 556479.00 New Construction YN No New Taxes Expense 127794.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 8 Number Of Units Leased 8 Number Wall AC 8 Operating Expense 245088.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other The Village (Vil) Tenant Pays Janitorial ServiceTaxes Total Actual Rent 801568.00 Total Expenses 245088.00 Trash Expense 450.00 Water Sewer Expense 2000.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Aaron Valenty of Berkshire Hathaway Homeservice and Mark Simon of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T20:31:17.817. 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 deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

     
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