INVESTMENT OPPORTUNITY - WOODS COVE STEPS TO THE SAND WITH FULLY APPROVED PLANS FOR ADDITIONAL 844 SQ FT = 4,609 SQFT. STUNNING OCEAN VIEW, 4 CAR GARAGE PLUS 4 ONSITE PARKING SPACES. ZONING: R2 - 2 UNIT DUPLEX WITH NEWLY CONSTRUCTED DETACHED FREE-STANDING SINGLE FAMILY RESIDENTS WITH PRIVATE YARD. THIS PROPERTY CURRENTLY HAS A CAP RATE OF 2.27% WITH EXISTING RENTS. PRO FORMA PROJECTED CAP RATE FOR 30+ DAYS FURNISHED RENTAL ARE APPROXIMATELY 6.3% OR HIGHER. WOODS COVE LOCATION WITH VIEWS, INCOME, PARKING ON OVERSIZE LOT WITH APPROVED PLANS. DOESN'T GET ANY BETTER THAN THIS IN LAGUNA BEACH.
Off market
$3,409,661
260 Diamond St, Laguna Beach, CA 92651
2beds
0baths
3,844sqft
MultiFamily
Built in 1974
-- sqft lot
$-- Zestimate®
$887/sqft
$2,886 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
Heating
- Forced air
Cooling
- None
Appliances
- Included: Dishwasher
Features
- Flooring: Laminate
Interior area
- Total interior livable area: 3,844 sqft
Property
Parking
- Total spaces: 2
- Parking features: None
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 7,405 sqft
Details
- Parcel number: 64427307
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1974
Community & neighborhood
Location
- Region: Laguna Beach
Other
Other facts
- AttachedGarageYN \ 0
- BelowGradeFinishedAreaUnits \ Square Feet
- CommonWalls \ 1 common wall
- CommonWalls \ End Unit
- Community Features \ CommunityFeatures \ Hiking
- CommunityFeatures \ Hiking
- ElevationUnits \ Feet
- Furnished \ Unfurnished
- Garbage included in rent
- Heating and Cooling \ Heating \ Central
- Heating system: Forced Air
- LaundryFeatures \ Individual Room
- LeaseTerm \ 12 Months
- Levels \ Two
- LivingAreaUnits \ Square Feet
- Lot \ LotSizeSource \ Assessor
- LotSizeSource \ Assessor
- MLS Listing ID: LG20213900
- MLS Name: CRMLS ZDD (CRMLS ZDD)
- MLSAreaMajor \ LV - Laguna Village
- Other Building Features \ CommonWalls \ 1 common wall
- Other Building Features \ CommonWalls \ End Unit
- Other Building Features \ PetsAllowed \ Breed Restrictions
- Other Building Features \ PetsAllowed \ Cats OK
- Other Building Features \ PetsAllowed \ Dogs OK
- Other Building Features \ PetsAllowed \ Number Limit
- Other Building Features \ PetsAllowed \ Size Limit
- Other Building Features \ PetsAllowed \ Yes
- Other Rooms \ RoomType \ Two Masters
- Other \ Furnished \ Unfurnished
- Other \ LaundryFeatures \ Individual Room
- Other \ LivingAreaUnits \ Square Feet
- Other \ MLSAreaMajor \ LV - Laguna Village
- Other \ ParcelNumber \ 64427307
- ParcelNumber \ 64427307
- Parking \ AttachedGarageYN \ 0
- Parking \ ParkingFeatures \ Driveway
- Parking \ ParkingFeatures \ Garage
- ParkingFeatures \ Driveway
- ParkingFeatures \ Garage
- PetsAllowed \ Breed Restrictions
- PetsAllowed \ Cats OK
- PetsAllowed \ Dogs OK
- PetsAllowed \ Number Limit
- PetsAllowed \ Size Limit
- PetsAllowed \ Yes
- PropertyType \ Residential Lease
- RoomType \ Two Masters
- School District: Laguna Beach Unified
- Senior Living \ SeniorCommunityYN \ 0
- SeniorCommunityYN \ 0
- Sewer \ Public Sewer
- Size \ BelowGradeFinishedAreaUnits \ Square Feet
- Size \ ElevationUnits \ Feet
- Size \ Levels \ Two
- StandardStatus \ Active
- StructureType \ Multi Family
- TaxTractNumber \ 23
- Taxes \ TaxTractNumber \ 23
- Type and Style \ PropertyType \ Residential Lease
- Utilities \ Sewer \ Public Sewer
- Utilities \ WaterSource \ Public
- View Type \ View \ Catalina
- View Type \ View \ Ocean
- View Type: Ocean
- View \ Catalina
- Water included in rent
- WaterSource \ Public