Sandcastle is a unique investment opportunity consisting of (11) apartment units and (1) commercial unit walking distance from iconic beaches in Laguna Beach, such as, Crescent Bay, Shaw's Cove and Fisherman's Cove. This marks the first time the property has been offered on the open market. Current ownership has invested over $1,600,000 in capital improvements, including extensive upgrades completed on property systems, interiors and exteriors. The property is located within the Laguna Beach Short Term Lodging Distract, with that a new investor may be able to obtain up to two short-term rental permits.
Listing agent:
Michael O'Neill II
License #02036937
CB Richard Ellis, Inc.
1105 Coast is a Residential Income property located in Laguna Beach, California, featuring a 0.180 acre lot, 8,992 sqft, 13 bedrooms, MLS #25536285.