Laguna Beach, CA 92651 2442 S Coast
$9,500,000
11 more
Presented By: Peter Hauser with NorthMarq Realty Services, Inc; 949-302-1400
Home Details
2442 Laguna is a rare fully renovated 8-unit, three-story, ocean view oriented apartment community built in 1964. Located in the city of Laguna Beach, California, situated on .222 acres of land, this property contains one building constructed of wood frame, and stucco with stone accents. The roof system is flat built up. 2442 Laguna is comprised of a majority two-bedroom / two-bathroom units, with an average unit size of 1,124 sf.
2442 Laguna features panoramic ocean and Catalina Island views which enrich every residence—each offering its own unique character through an array of chic features that vary by unit. Recent DRE Approval - Active TIC (Tenant in Common Ownership Structure), which could allow for individual sale of units.
Open floorplans showcase large balconies or expansive rooftop decks, hardwood flooring in a variety of colors, contemporary fireplaces, new windows and glass doors, water- and energy-saving washer and dryer sets, jetted bathtubs, walk-in closets, Noritz instant hot water systems, and state-of-the-art wiring for full HDTV, surround sound, home automation and security systems.
Each unit is centered around a modern chef’s kitchen with island, a variety of solid-surface and stone countertops, Wolf ranges and hoods, Sub-Zero refrigerators, Bosch dishwashers, and sleek new cabinetry. Residents will enjoy easy access to stunningly beautiful beaches and coves, a broad spectrum of restaurants and shops, Laguna’s popular Main Beach, Aliso Beach, parks, hiking trails, and luxe hotels, including Montage Resort & Spa.
Presented By: Peter Hauser with NorthMarq Realty Services, Inc; 949-302-1400
Interior Features for 2442 S Coast
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Stories3
Other Rooms
Entry Level1
General for 2442 S Coast
Additional Parcels Y/NNo
AppliancesDryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLaguna Beach
Community FeaturesBiking, WaterSports
CountyOrange
Days on Market86
DirectionsLocated directly off of South Coast Highway with tenant access off of Arch Street
Electric Expense0.0
Entry Location1
Fuel Expense8652.0
Garage Spaces4.0
Garage Y/NYes
Gross Income460164.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense6500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsItem1031Exchange
Lot Size Square Feet8988.0
MLS AreaLV - Laguna Village
MobileHomeRemainsYNNo
Net Operating Income322179.0
New ConstructionNo
Open Parking Spaces6.0
Operating Expense137985.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameCoast
Subdivision NameUpper Victoria Beach (UVB)
Tax Lot6
Total Units8
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1964
Year Built SourceAssessor
Exterior for 2442 S Coast
Building Area Total9336.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBluff
Lot Size Acres0.2063
Lot Size Area8988.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters8
Open Parking Y/NNo
SpaNo
Total Parking10.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480