$1,270,000
$1,295,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/17/2016
Key Details
Sold Price $1,270,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
MLS Listing ID LG16174089
Sold Date 11/17/16
HOA Y/N No
Year Built 1940
Property Description
Excellent opportunity for entitled Food Service investment in prime section of Laguna Beach "Hip District". Property consists of popular restaurant location "Maro Grill" with a nicely renovated apartment below. Has on-site parking and good visibility. Tenant just exercised their option to extend the lease. If you're familiar with Laguna, you know that getting food service entitlements is extremely difficult which adds tremendous value to properties like this. Please do not disturb the very nice tenants. Thank you!
Location
State CA
County Orange
Area Lv - Laguna Village
Interior
Fireplace No
Exterior
Waterfront Description Ocean Side Of Highway
Building
Lot Description Rectangular Lot, Street Level
Story 2
Water Public
Others
Senior Community No
Tax ID 64427606
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Standard
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Bought with John Fotsch • HomeSmart Evergreen Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "