Laguna Beach, CA 92651
Rare and Valuable Vacation Rental Permit, Ability to Rent as Vacation Rentals Year RoundOne of only a Handful of Properties in Laguna Beach with a Legal Permit for Vacation RentalsSpectacular Beach adjacent Location in Lagunas Downtown VillageOcean Views and Beach Access for TenantsWalking Distance to Gourmet Restaurants, Cafe's, Art Galleries, and Retail ShoppingConsistent High Rental Demand with Waiting List for Vacation Rental TenantsThe subject property, Laguna Village, is a unique mixed use retail and multifamily property located on the ocean side of South Coast Highway within the Village of Laguna Beach. It is only steps away from the sandy beaches, markets, restaurants, and all the amenities of downtown Laguna. The property is comprised of a retail store with frontage on Coast Highway, and two stylishly furnished two-bedroom apartment units with decks, oceans views, and direct access to the village and the beautiful beaches on the coastline.The retail portion is fully leased to Otana Salon, who has operated their business for many years, catering to the local community as well as to tourists who frequent the area. The two apartment units are beautifully furnished two-bedroom units that can sleep 4-6 people.
Mark Bridge with Marcus & Millichap RE Invest
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