Laguna Beach, CA 92651,370 Loma Terrace

$1,658,000

$1,795,000

7.6%
Est.Price: ?

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Est. payment /mo

4,356 Sqft Lot


SOLD DATE : 02/05/2019

Key Details

Sold Price $1,658,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision The Village (Vil)

MLS Listing ID LG18184944

Sold Date 02/05/19

HOA Y/N No

Year Built 1948

Lot Size 4,356 Sqft

Acres 0.1

Property Description

REDUCED $200K!!! CLEAN TRIPLEX ON BEAUTIFUL CORNER LOT IN HEART OF DOWNTOWN LAGUNA BEACH. Convenient to everything, yet on a relatively quiet street. Off street parking, each unit has nice features. Great opportunity for low maintenance, but desirable units. Upstairs are Two 1Bd/1Ba units with an additional 2Bd/1Ba downstairs. Large outdoor patio is shielded from the street and shaded by a beautiful old pepper tree. Freshly painted on the exterior and clean interiors.

CURRENT RENTS ARE VERY LOW. PROFORMA RENTS AND EXPENSES ARE ESTIMATES ONLY. INTERESTED PARTIES SHOULD CONDUCT THEIR OWN ANALYSIS.

LONG TERM TENANTS ARE AT BELOW MARKET RENTS BUT ARE VERY NICE. PLEASE RESPECT THEIR PRIVACY WHEN DRIVING BY. SHOWN ONLY BY APPT WITH LISTING AGENT. DO NOT WALK PROPERTY WITHOUT LISTING AGENT.

Location

State CA

County Orange

Area Lv - Laguna Village

Rooms

Ensuite Laundry See Remarks

Interior

Laundry Location See Remarks

Cooling None

Fireplaces Type None

Fireplace No

Laundry See Remarks

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Suburban

Utilities Available Sewer Connected, Water Connected

Total Parking Spaces 2

Private Pool No

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Sewer Sewer Tap Paid

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 64127235

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Mark Christy • Berkshire Hathaway HomeServices
Bought with Mark Christy • Berkshire Hathaway HomeServices
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