Laguna Beach, CA 92651 1105 N Coast Highway
$10,745,000
5 more
Presented By: Michael O'Neill II with CB Richard Ellis, Inc.;
- MLS# 25536285
- 05/08/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 13
Baths • 13
SQFT • 8,992
Home Details
Sandcastle is a unique investment opportunity consisting of (11) apartment units and (1) commercial unit walking distance from iconic beaches in Laguna Beach, such as, Crescent Bay, Shaw's Cove and Fisherman's Cove. This marks the first time the property has been offered on the open market. Current ownership has invested over $1,600,000 in capital improvements, including extensive upgrades completed on property systems, interiors and exteriors. The property is located within the Laguna Beach Short Term Lodging Distract, with that a new investor may be able to obtain up to two short-term rental permits.
Presented By: Michael O'Neill II with CB Richard Ellis, Inc.;
Interior Features for 1105 N Coast Highway
Bedrooms
Total Bedrooms13
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths13
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories3
General for 1105 N Coast Highway
Additional Parcels Y/NNo
Attached Garage No
Cap Rate3.63
Carport Y/NNo
CityLaguna Beach
CoolingNone
CountyOrange
DirectionsFrom I-5 S, Exit 95 to CA-144 S toward Laguna Beach, Turn right onto Acacia Dr, Slight left onto Cliff Dr, Continue on CA-1 N, Property will be on the left
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income585147.0
HOANo
HeatingNone
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7840.0
Lot Size UnitsSquareFeet
MLS AreaNL - North Laguna
MobileHomeRemainsYNNo
Net Operating Income389758.0
New ConstructionNo
Number Of Units Total12
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Year Built1969
Year Built SourceAssessor
Exterior for 1105 N Coast Highway
Building Area Total8992.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.18
Lot Size Area7840.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesCovered
Private PoolNo
SpaNo
Total Parking10.0
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate