Residential Income – 150 Cliff Drive, Laguna Beach, CA 92651, US
Four stunning modern Ocean view Condos comprising the entire 150 Cliff-Cedar Building in downtown Laguna Beach. Just a short stroll to Laguna Main Beach and all of the shops and restaurants of the Laguna Village. Each unit has it’s own parcel number and shor
150 Cliff Drive, Laguna Beach, CA 92651, US
$10,995,000 USD
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Address150 Cliff Drive, Laguna Beach
Price$10,995,000
Price Changed0.03% (-$4,000, 32 days ago)
Year Built1992
Bedrooms Total0
Living Area7,004 ft2
Lot Size (Sq.Ft.)8,738
Listing IDNP19222973
StatusActive
Parcel Number93275009
Special ConditionsStandard
Days on Market293

Detailed Description: Four stunning modern Ocean view Condos comprising the entire 150 Cliff-Cedar Building in downtown Laguna Beach. Just a short stroll to Laguna Main Beach and all of the shops and restaurants of the Laguna Village. Each unit has it’s own parcel number and short term lodging permit offering a myriad of possibilities. Two units have 2 bedrooms and 2.5 baths. The penthouse has 2 beds and 2 full baths. And, the detached upper most unit has 3 beds and 3 baths. Each unit has a fabulous Ocean view deck, is handsomely upgraded with a gourmet kitchen and luxurious spa like baths, and each unit has it’s own 2 car garage. The penthouse and detached upper unit each enjoy their own private yards! Live in one and rent the rest, rent them all, the choice is yours!

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

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Address Information
Address150 Cliff Drive, Laguna Beach
Street SuffixDrive
Subdivision NameNorth Laguna (NL)
CityLaguna Beach
Location (MLS Area)NL – North Laguna
County Or ParishOrange
State or ProvinceCA
Postal Code92651
Postal Code Plus41815
CountryUS
Financial Information
Price Changed-0.0364%
Previous Price$10,999,000
Price per Square Foot$1,569.82
Price per Lot Square Foot$1,258.30
Price per Unit$2,499,750
Special ConditionsStandard
Total Expenses$154,860
Operating Expense$154,860
Insurance Expense$8,293
Electric Expense$21,051
Gross Income$477,528
Gross Scheduled Income$477,528
Net Operating Income$322,668
Tax Year2000
Tax Lot1
New Taxes Expense$106,989
Full Descriptions
Parcel Number93275009
Detailed DescriptionFour stunning modern Ocean view Condos comprising the entire 150 Cliff-Cedar Building in downtown Laguna Beach. Just a short stroll to Laguna Main Beach and all of the shops and restaurants of the Laguna Village. Each unit has it’s own parcel number and short term lodging permit offering a myriad of possibilities. Two units have 2 bedrooms and 2.5 baths. The penthouse has 2 beds and 2 full baths. And, the detached upper most unit has 3 beds and 3 baths. Each unit has a fabulous Ocean view deck, is handsomely upgraded with a gourmet kitchen and luxurious spa like baths, and each unit has it’s own 2 car garage. The penthouse and detached upper unit each enjoy their own private yards! Live in one and rent the rest, rent them all, the choice is yours!
Lot Features2-5 Units / Acre
Community FeaturesCurbs
Water SourcePublic
Laundry FeaturesDryer Included, Gas and Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
Cooling DescriptionCentral Air
Parking FeaturesGarage
Sewer DescriptionPublic Sewer
Fireplace FeaturesLiving Room
Common Walls Description2
Pool FeaturesNone
Property parameters
Year Built1992
Living Area (Sq.Ft.)7,004 ft2
Lot Size (Sq.Ft.)8,738
Lot Size (Acres)0.201
Lot Size SourceAssessor
Number of Buildings2
Number of Units Leased3
Number of Units Total4
Parking Spaces8
Garage Spaces8
LevelsThree Or More
Water SourcePublic
Units Total4
Year Built SourceEstimated
Average 2 Bedroom Area1,690 ft2
Average 3 Bedroom Area1,933 ft2
Number of Separate Electric Meters5
Number of Separate Gas Meters4
Number of Separate Water Meters4
Cap Rate (For Cash Payment Only)3.23
Listed withAaron Valenty (Berkshire Hathaway HomeService)
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