Classic Cottage Duplex

Jerrod Jones
Managing Partner at THE H&J GROUP
Phone: 310.278.8861x2053
Mobile: 310.795.6855
Hans Grevenstrale
Managing Partner at THE H&J GROUP
Phone: 310.278.8861x2053
Mobile: 424.274.2582
271 North Canon Drive Beverly Hills, CA 90210
Phone: 310-278-8861
Fax: 310-362-0351
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Location

635 St Ann's Dr, Laguna Beach, CA. 92651
Laguna Beach CA 92651
Cross street:Wilson Street

Property

Furnished: YES
Ownership: Rental Property
Type: Duplex
Bedrooms: 4 BR
Bathrooms: 2
Pets: Unknown
Area: 1764 sq ft
Lot Size: 6207 sq ft

Financials

Price: $2,000,000

Description

Beautiful Cottage duplex in the heart of Laguna Village just a short walk from shopping and the famous Laguna Beach. Front cottage 2 Bed, 1 Bath, with brick fireplace in living room, arched windows, spacious kitchen with granite countertops and floating island. Rear cottage 2 Bed, 1 Bath. Bright rooms with multiple arched windows, open floor plan flowing from cozy living room into large spacious kitchen design with French doors to private patio. Property surrounded by professionally landscaped gardens and rock wall creating a peaceful and relaxing environment. Two on a Lot. Live in one house and rent the other.
Annual GOI $87,600.00
2.5% Commission to buyer agent
More Info on the property.
Property taxes in Orange County are 1%.
The houses are in good condition, maintenence is low. Currently gardening 125.00, trash/water approx 75.00, both are per month. Homeowners insurance is about 1000.00 per year.
Each house has a stackable washer/dryer combo inside, no fees.
No known faults, we have succesfully weathered these last crazy storms... No Leaks!! I had the property inspected for drainage 3 years ago, all is well.
Two current tenants,
1. Upper house with deck- 2 year lease - 3800.00 monthy. The tenant just moved in Jan. 25th 2017. All new appliances, newly remodeled kitchen, tankless water heater.
2. Lower house - Month to month (started as a year lease). It has been occupied since July 2015. New refrigerator, 2 year old water heater.
very desirable location.
No showings, only if there is a serious investor with an accepted offer.
7 minute walk to the beach and to the village with all the restaurants, bars, supermarket, etc.

Amenities

  • Balcony
  • Central Air Conditioning
  • Deck
  • Dining Area
  • Dining Room
  • Dishwasher
  • Exposed Brick
  • Fireplace
  • French Doors
  • Garbage Disposal
  • Garden
  • Ground Floor
  • Private Entrance
  • Washer/Dryer

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.