Orange, Residential Income – 2037 S Coast Hwy, Laguna Beach, CA 92651, USA -001-11-30T00:00:00-08:00
Location, Location, Location. This Trophy property on the ocean side of Coast Highway in prestigious Woods Cove Laguna Beach is truly a one of kind investment that has it all! Just moments from the famous Montage Resort and Downtown Laguna Beach, this 16 uni
2037 S Coast Hwy, Laguna Beach, CA 92651, USA
$11,849,000 USD
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Address2037 South Coast, Laguna Beach
Price$11,849,000
Year Built1969
Bedrooms Total0
Living Area10,800 ft2
Lot Size (Sq.Ft.)8,712
Listing IDLG17239062
StatusActive
Parcel Number64427803
Special ConditionsStandard
Days on Market15

Detailed Description: Location, Location, Location. This Trophy property on the ocean side of Coast Highway in prestigious Woods Cove Laguna Beach is truly a one of kind investment that has it all! Just moments from the famous Montage Resort and Downtown Laguna Beach, this 16 unit mixed-use investment opportunity is comprised of 14 remodeled units and 2 retail spaces nestled behind a private gated entry. Extensively remodeled in 2006 this rare offering features 4 townhome style 2 bedroom units each with their own roof top decks with panoramic coastal and Catalina Island views. There are also 10 One bedroom units boasting private ocean view decks and the sound of the surf. Each unit is updated and some include stack washer / dryer and refrigerator. The gated entry and gated subterranean parking provides additional privacy for this prestigious property. An open air courtyard highlights the style and natural lighting within in this inviting property that enjoys ease of access to resorts, beaches and coves, Trolley services, dining and shops that define the Laguna Beach lifestyle.

Laundry
Parking
Pool Private
Rent Control
Senior Community
Property Attached
Land Lease

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Address Information
Address2037 South Coast, Laguna Beach
Street PrefixSouth
Subdivision NameWoods Cove (WC)
CityLaguna Beach
Location (MLS Area)LV – Laguna Village
County Or ParishOrange
State or ProvinceCA
Postal Code92651
Postal Code Plus43649
CountryUS
Financial Information
Price per Square Foot$1,097.13
Price per Lot Square Foot$1,360.08
Special ConditionsStandard
Total Expenses$182,815
Professional Management Expense$21,000
Operating Expense$182,815
Insurance Expense$8,800
Gardner Expense$14,600
Electric Expense$3,362
Water Sewer Expense$2,750
Trash Expense$1,288
Fuel Expense$1,015
Gross Income$450,300
Gross Scheduled Income$450,300
Net Operating Income$267,485
Total Actual Rent$39,035
Tax Year2000
Tax Lot3
New Taxes Expense$130,000
Full Descriptions
Parcel Number64427803
Detailed DescriptionLocation, Location, Location. This Trophy property on the ocean side of Coast Highway in prestigious Woods Cove Laguna Beach is truly a one of kind investment that has it all! Just moments from the famous Montage Resort and Downtown Laguna Beach, this 16 unit mixed-use investment opportunity is comprised of 14 remodeled units and 2 retail spaces nestled behind a private gated entry. Extensively remodeled in 2006 this rare offering features 4 townhome style 2 bedroom units each with their own roof top decks with panoramic coastal and Catalina Island views. There are also 10 One bedroom units boasting private ocean view decks and the sound of the surf. Each unit is updated and some include stack washer / dryer and refrigerator. The gated entry and gated subterranean parking provides additional privacy for this prestigious property. An open air courtyard highlights the style and natural lighting within in this inviting property that enjoys ease of access to resorts, beaches and coves, Trolley services, dining and shops that define the Laguna Beach lifestyle.
Lot FeaturesLevel with Street, Near Public Transit
Community FeaturesCurbs, Sidewalks, Street Lighting
Water SourcePublic
Laundry FeaturesIn Closet, Inside
Parking FeaturesAssigned
Common Walls Description2
Pool FeaturesNone
Property parameters
Year Built1969
Living Area (Sq.Ft.)10,800 ft2
Lot Size (Sq.Ft.)8,712
Lot Size SourceAssessor
Number of Buildings1
Number of Units Total16
Stories Total3
Parking Spaces16
Garage Spaces16
LevelsTwo
Water SourcePublic
Units Total16
Year Built SourceAssessor
Number of Separate Electric Meters16
Number of Separate Gas Meters1
Number of Separate Water Meters1
Listed withVictoria Strombom (Surterre Properties)