223 & 217 Nyes Place, Laguna Beach, CA 92651

$2,340,000

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Sold Price
$2,340,000
List Price
$2,550,000
Closing Date
Oct 15, 2024
Status
CLOSED
MLS#
LG24142397
Year Built
1936
Lot Size
2,500
Acres
0.06
Lot Location
Front Yard, Garden
Days on Market
0
Property Type
Multifamily
Style
Cottage
Property Sub Type
Duplex
Stories
One Level
Neighborhood
Victoria Beach (Vb)

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!

Additional Information

Appliances
Disposal, Gas Range, Refrigerator
Pool Description
None
Fireplace Description
Gas Starter, Living Room
Heat
Gravity, High Efficiency
Cooling Description
None
View
Ocean
Roof
Composition
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Beamed Ceilings, Built-in Features, Balcony, Ceiling Fan(s), High Ceilings, Living Room Deck Attached, All Bedrooms Up
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$68,400
Operating Expense
3942

Listing courtesy of Listing Agent: Tracy Browne (tracybrowne@cox.net) from Listing Office: Compass.

Listing sold by Shauna Covington from Berkshire Hathaway HomeServices California Properties

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.