223 & 217 Nyes PL, Laguna Beach, CA 92651 – LG24142397

$2,340,000

$2,550,000

8.2%

Est.Price: ?

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Est. payment -/mo

2,500 Sqft Lot

SOLD DATE : 10/15/2024

Key Details

Sold Price $2,340,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Victoria Beach (Vb)

MLS Listing ID LG24142397

Sold Date 10/15/24

HOA Y/N No

Year Built 1936

Lot Size 2,500 Sqft

Property Description

Fantastic opportunity to own two charming, restored, OCEAN VIEW BEACH COTTAGES on one lot in the desirable Victoria Beach neighborhood. Each one bedroom, one bath cottage features high pitched, open beamed ceilings, wood floors, a cozy wood burning fireplace and spectacular ocean views! Endless potential with these remodeled, turn key 1930's cottages in Laguna Beach! The sale of this special property comes with a very selective and grandfathered in short term lodging permit. Imagine living in one cottage and enjoying premium vacation rental income or long term rental income from the other. Another possibility is to run it as a business with both either rented separately or combined as there is a shared ocean view deck between the two cottages. This truly vintage Laguna property is a coastal retreat, just steps away from locals' favorite Victoria Beach, and world renown restaurants; The Drake, Dizz's As Is ... The local trolley across the street will take you into town to enjoy all the unique treasures that Laguna Beach has to offer; fabulous restaurants, unique art galleries and festivals, shops and inviting beaches and coves!

Location

State CA

County Orange

Area Lv - Laguna Village

Interior

Interior Features Beamed Ceilings, Built-in Features, Balcony, Ceiling Fan(s), High Ceilings, Living Room Deck Attached, All Bedrooms Up

Heating Gravity, High Efficiency

Cooling None

Flooring Wood

Fireplaces Type Gas Starter, Living Room

Fireplace Yes

Appliance Disposal, Gas Range, Refrigerator

Laundry Common Area, Inside

Exterior

Garage Door-Multi, Garage, Gravel

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Golf, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Ocean

Roof Type Composition

Total Parking Spaces 2

Private Pool No

Building

Lot Description Front Yard, Garden

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Cottage

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 65616401

Energy Description 30.0

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Tracy Browne • Compass • 949-697-9974
Bought with Shauna Covington • Berkshire Hathaway HomeServices California Properties

+1(626) 630-2141

andreww@gowpnow.com

43620 Ridge Park Dr, Temecula, CA, 92590, United States

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