578 N Coast

    Laguna Beach, CA 92651
    • $2,350,000
    • STATUS: Active
    • ON SITE: 13 days
    • ID#: LG18263241
    UPDATED: 52 min ago
    $2,350,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,600
      SQFT
    • $904
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    FIRST TIME ON MARKET IN GENERATIONS. Classic Laguna Beach Family beach getaway property is beautifully located in the coveted "Tree Streets" neighborhood of North Laguna and features an original 1920's ERA 4BD/2BA COTTAGE with incredible charm and character. "K" rated historical structure needs some freshening up, but will be amazing and ready for another century of fun when restored. Ocean views, whimsical windows, Arroyo stone fireplace, douglas fir flooring, yard, and VERY close to beach, Heisler Park, shops, restaurant, town. A SEPARATE BUILDING OFFERS TWO NICE 1BD/1BA APARTMENTS WITH OPEN BEAMED CEILINGS and an additional improved space with 3/4 bath. This home has been enjoyed by generations of the same family and is now ready for a new owner to make their own memories. Would be great for investor, owner/user in main house and rent apartments, or a family compound with location and vintage soul. THREE CAR GARAGE OFF CEDAR WAY. The complete address includes 578 N Coast Hwy and 577/579 Cedar Way. The heirs of the original owners are finally ready to part with this extraordinary piece of Laguna's heritage and have priced to sell.ALL PRO FORMA FINANCIAL NUMBERS AND SQUARE FOOTAGES ARE ESTIMATES ONLY. BUYER TO INDEPENDENTLY VERIFY.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T16:36:18.277. 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. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/89042402

    578 N Coast Laguna Beach, CA 92651

    • Price: $2,350,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: LG18263241
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,600
    SQFT
    $904
    $/SQFT
    1956
    Built
    Neighborhood:
    North Laguna (Nl)
    County:
    Orange
    Area:
    NL - North Laguna
    Property Description
    FIRST TIME ON MARKET IN GENERATIONS. Classic Laguna Beach Family beach getaway property is beautifully located in the coveted "Tree Streets" neighborhood of North Laguna and features an original 1920's ERA 4BD/2BA COTTAGE with incredible charm and character. "K" rated historical structure needs some freshening up, but will be amazing and ready for another century of fun when restored. Ocean views, whimsical windows, Arroyo stone fireplace, douglas fir flooring, yard, and VERY close to beach, Heisler Park, shops, restaurant, town. A SEPARATE BUILDING OFFERS TWO NICE 1BD/1BA APARTMENTS WITH OPEN BEAMED CEILINGS and an additional improved space with 3/4 bath. This home has been enjoyed by generations of the same family and is now ready for a new owner to make their own memories. Would be great for investor, owner/user in main house and rent apartments, or a family compound with location and vintage soul. THREE CAR GARAGE OFF CEDAR WAY. The complete address includes 578 N Coast Hwy and 577/579 Cedar Way. The heirs of the original owners are finally ready to part with this extraordinary piece of Laguna's heritage and have priced to sell.ALL PRO FORMA FINANCIAL NUMBERS AND SQUARE FOOTAGES ARE ESTIMATES ONLY. BUYER TO INDEPENDENTLY VERIFY.
    Exterior Features

    Architectural Style BungalowCottageCraftsmanSee Remarks Construction Materials Board & Batten Siding Garage Spaces 3.00 Lot Features Front YardLot Shape-RectangularNear Public Transit Lot Size Source Estimated Lot Size Units Square Feet Parking Total 3.00 Pool Features None Pool Private YN No Property Attached YN No Roof Composition View Ocean View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 445 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Fireplace Features Living Room Fireplace YN Yes Laundry Features See Remarks

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 108000.00 Gross Scheduled Income 108000.00 Insurance Expense 3000.00 Land Lease YN No Laundry YN Yes Net Operating Income 78000.00 New Construction YN No New Taxes Expense 27000.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 30000.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other North Laguna (Nl) Total Expenses 30000.00 Trash Expense 500.00 Water Sewer Expense 500.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Mark Christy of Berkshire Hathaway Homeservice.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T16:36:18.277. 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. Licensed in the State of California, USA.
     
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    Irvine CA, 92604