$11,000,000
For Sale

729 Ocean Front

Laguna Beach, CA 92651
6300 sqft | 8 beds | 0.20 acres | #25544673
Listing OfficeCB Richard Ellis, Inc.
Type:Multi-Family
Structure:House
Zone:Commercial

Description

SHORT-TERM RENTAL PROPERTY. Located one building from the sand, The Retreat in Laguna features (8) luxury villas each with its own short-term rental permit. The unit mix includes (1) fourplex, (1) duplex, and (2) single-family homes with expansive ocean views in 7 of the 8 units. The property has undergone both interior and exterior renovations with all (8) units updated. Community features include outdoor shower, beach walkway access, on-site security system, community laundry room, paver driveway and walkway and (9) parking spaces.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • Original List Price$11,000,000
      • MLS #25544673
      • Cost11000000
      • MLS #25544673
      • Acres0.2037
      • CountyOrange
      • Square Feet6300
      • Year Built1960
      • Bedrooms8
      • Stories3
      • Parking Spaces2

Location

Gary HansenReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

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2.6%
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