$6,800,000
618 S Coast HighwayLaguna Beach, CA 92651The Village
Sold
222 Arch Street sold on August 1, 2018 for $10,500,000. The details are below for reference.
$10,500,000
222 Arch Street Laguna Beach, CA 92651
SubdivisionArch Beach Heights
12,307SqFt
$853$/SqFt
1971Built
This property is also on the market under MLS LG26183137 (Residential Lease).
About 222 Arch Street
222 Arch Street is a 13-unit multifamily investment property located in Laguna Beach, one of the premiere coastal housing markets nationwide. Built in 1971 and renovated in 2016-2017, 222 Arch Street offers investors the opportunity to capitalize on strong market trends, capture a prosperous tenant base and exceptional renovations that should increase rental income by approximately 13 percent. This offering represents a rare opportunity to add value to an already highly finished property in a market where similar opportunities are made available only once or twice per year.
Situated on a 0.29-acre lot, the 12,307 square foot property consists of two-bedroom and three-bedroom floor plans offering unparalleled ocean views. The Property offers an attractive range of in-unit upgrades such as new quartz countertops, crisp white cabinetry, and stainless GE appliances. Common area amenities include private garage parking, drought tolerant landscaping and a charming courtyard with outdoor seating.
222 Arch Street, Laguna Beach
- Price
- $10,500,000
- Days On Site
- N/A
- Bedrooms
- N/A
- Inside Area (SqFt)
- 12,307 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1971
- MLS® Number
- OC18106872
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
General Features
- MLS Number
- OC18106872
- Year Built
- 1971
- Lot Size (sq ft)
- 12,632
- Levels
- Three Or More
- Garage Spaces
- 14
- Parking Spaces
- 14
- Parcel Number
- 65611206
- On Market Date
- 2018-05-07
- Zoning
- R3
- Listing Terms
- Standard
Interior Features
- Laundry
- Stacked
- Common Walls
- No Common Walls
Exterior Features
- Lot Features
- Landscaped
- Pool Features
- None
- Sewer
- Private Sewer
- Water
- Public
- Units
- 13
Community Features
- Subdivision
- Arch Beach Heights (ABH)
- Community Features
- Sidewalks
Property Details for 222 Arch Street
This home sits in the Arch Beach Heights neighborhood of Laguna Beach in Orange County. It offers 12,307 square feet of living space. The home was built in 1971. The MLS record lists the assessor parcel number as 656-112-06. Highlights include a 14-car garage. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Property History
222 Arch Street was listed for sale on May 7, 2018 at $11,000,000.
About Arch Beach Heights
Arch Beach Heights climbs a hillside in Laguna Beach, a tract subdivided in 1911 where streets such as Summit Drive frame ocean, coastline, and Catalina Island views. It sits near Moulton Meadows Park and the trails of Aliso and Wood Canyons Wilderness Park, with cottages and contemporary homes in the Laguna Beach Unified School District.
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Listed by Tyler Leeson of Marcus & Millichap RE Invest
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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