510 Glenneyre Street, Laguna Beach, CA

$4,600,000

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0.13

Acres

Listing Agent
Doug Graham - The Silver Group

About 510 Glenneyre Street

Amazing investment opportunity in downtown Laguna Beach. This property is in excellent condition and has been professionally managed for years. Walk to the beach, walk to downtown. There is a two bedroom "owner's unit" plus six one bedroom units and a studio. These units are in high demand and never have a vacancy of any meaningful length. Plumbing has been completely updated. Roof has been recently replaced. The property has been in the same family for decades and they have taken very good care of it. but now they have decided it is time to sell. Up to date financials are available with a successful offer as well as copies of all existing leases. All leases are for one year terms and they expire at various times throughout the year. The units are thoroughly inspected and refurbished as needed each time a tenant moves out so there is no "deferred" maintenance.

Features of 510 Glenneyre Street

MLS® # OC22097535
Price $4,600,000
Bathrooms 0.00
Acres 0.13
Year Built 1953
Type Residential Income
Status Active Under Contract

Community Information

Address 510 Glenneyre Street
Area LV - Laguna Village
Subdivision The Village (VIL)
City Laguna Beach
County Orange
State CA
Zip Code 92651

Amenities

Utilities Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Parking Spaces 4
Parking Assigned, Carport
Garages Assigned, Carport
View None
Is Waterfront No
Has Pool No
Pool None

Interior

Cooling None
Has Basement No
Fireplace Yes
Fireplaces None
# of Stories 2
Stories Two

Exterior

Lot Description Landscaped
Roof Composition

Additional Information

Date Listed May 11th, 2022
Days on Market 11
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentDoug Graham
OfficeThe Silver Group

Listing Map

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