Property Detail

Description

Sandcastle, located at 1105 N. Coast Hwy., is a rare, turnkey multifamily trophy asset in Laguna Beach. Located on a premier corner lot on the west side of PCH, the property features 11 renovated apartment units, many with ocean views, plus one ground-level commercial suite, just steps from Crescent Bay, Shaw's Cove, and Fisherman's Cove. Over $1.6M in capital improvements have been completed across all systems, interiors, and exteriors. Situated within the Laguna Beach Short-Term Lodging District, a new owner may have the opportunity to obtain up to two short-term rental permits. A truly irreplaceable coastal asset for the discerning investor.