220 Cliff Drive

Laguna Beach, CA 92651

$4,700,000
Price
7
Beds
35
Baths
3,319 Sq. Ft.
$1,416 / Sq. Ft.
3,319
Sq. Ft.
$1,416
per Sq. Ft.

Description

Price Reduced Iconic Laguna Beach 5 Unit Cottage! Income Property with Stunning Ocean Views – A Rare Investment Opportunity! Step into the essence of coastal charm and timeless elegance with this quintessential Laguna Beach cottage-style income property! This is more than just an investment; it’s a chance to own a piece of paradise in one of the most coveted locations along the California coast. Imagine whitewater views stretching over Main Beach from every angle, bringing in the tranquility and...Price Reduced Iconic Laguna Beach 5 Unit Cottage! Income Property with Stunning Ocean Views – A Rare Investment Opportunity! Step into the essence of coastal charm and timeless elegance with this quintessential Laguna Beach cottage-style income property! This is more than just an investment; it’s a chance to own a piece of paradise in one of the most coveted locations along the California coast. Imagine whitewater views stretching over Main Beach from every angle, bringing in the tranquility and allure of the ocean. This exceptional property includes five legal, non-conforming units that make it truly stand out in the Laguna rental market. Unit Mix: (2) 2bd/2b, (2) 1bd/1b, (1) Studio – ideal for maximizing rental income and catering to diverse tenant needs. Prime Location: Just a stone’s throw from Main Beach and the vibrant Laguna Beach Downtown, where shops, art galleries, and restaurants await. Move-in Ready: All units capture the laid-back charm that defines Laguna Beach living. Whether you’re a seasoned investor or a discerning buyer seeking the perfect coastal property, this is an unmissable opportunity. With its unbeatable location, ocean views, this property is positioned for exceptional income potential and long-term appreciation.
  1. Listed by Patricia Gregory • DRE #01182154 • Brokerage DRE #02022092 • Real Broker • 714-398-1998

Property Details for 220 Cliff Drive

Parking Spaces Total
3
Private Pool
No
Cooling Type
None
Total Units
5.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3319
Assessor Parcel Number
496-094-18
LISTING UPDATED: 12/05/2024 12:07 PM

Property Details for 220 Cliff Drive

StatusActive
MLS #OC24227413
Days on Market37
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1949
Lot Size0.11 AC / 4,792 SF
CountyOrange County

Building Information for 220 Cliff Drive

Stories2Residences-Year Built1949Building Size-Lot Size0.11 AC / 4,792 SF

Property Information for 220 Cliff Drive

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 6
  • Tax Tract Number: 412
  • Tax Census Tract: 626.05
  • Tax Lot: 4
Community / Development
Community / Development
  • Community Features: Hiking, Watersports
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Refrigerator
  • Equipment: Dryer, Dryer Included, Laundry Area, Refrigerator, Room, Washer, Washer Included
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Individual Room, Washer Included
  • Cooling: None
  • Heating Type: Electric
  • Heating: Electric
Exterior Features
  • Roof: Composition
  • Entry Location: Main
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Electric: Electricity Connected, Natural Gas Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 7
  • Unit Type Baths Total: 7
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: Yes
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 0
  • Number With Range: 5
  • Number With Refrigerator: 5

Property History for 220 Cliff Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 220 Cliff Drive

Taxable ValueLand$2,553,290Additions$574,486Total$3,127,776
Tax Record2024$35,722 ($2,977 / month)
Home Facts
Total Finished SqFt2,769 SqFtAbove Grade Finished SqFt2,769 SqFtStories2Lot Size4,768 SqFtStyleMulti-Family Res (5+ Units)Year Built1949CountyORANGEAPN496-094-18

Schools near 220 Cliff Drive

This home is within Laguna Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 3
Rating
School
Distance
El Morro Elementary School
PublicK to 5

Thurston Middle School
Public6 to 8

Laguna Beach High School
Public9 to 12

LEA Stone
PrivateK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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220 Cliff Drive is a mixed use property for sale in Laguna Beach, CA 92651. This property was listed for sale on November 10, 2024 by Real Broker, it's currently listed at $4,700,000. It has been on the market for a total of 37 days and was last sold on April 11, 2016. This listing's school district is Laguna Beach Unified School District. Nearby schools include El Morro Elementary School, Thurston Middle School and Laguna Beach High School. 220 Cliff Drive is a 7-bed, 35-bath, 3,319 sqft mixed use property built in 1949.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, Patricia Gregory, DRE #01182154

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.