Every few months a multi-family income property hits the market that makes me want to buy. The listing we are highlighting today is a DUPLEX for sale in Laguna Beach which offers the perfect combination on charm, location, lot size and condition. Please click the following link to see a video I shot yesterday on a blue sky day of the exterior……laguna beach DUPLEX multi-family income property for sale
As you can see from the video above, this Laguna Beach DUPLEX currently FOR SALE is a very special property. Each unit is a separate 1 bedroom 1 bathroom apartment with individual gas and electric meters.The lot size is 3,875sq’ and the living area is 1,116sq’. Location is PHENOMENAL, 5 minute walk to everything: beach,shopping, dining. This is an awesome opportunity to hold as high end rental, work it into your VRBO inventory or re-develop at some point into your dream home. Please visit MultiFamilyOWL to see more pictures, descriptions and financials on this awesome Laguna Beach DUPLEX (listed by First Team Estates William Rolfing)
(All property details retrieved from multiple public real estate websites, Information is believed to be accurate, but shall not be relied upon without verification. Accuracy of square footage, lot size and other information is not guaranteed)
To view a blog post I wrote a few weeks ago about an amazing Laguna Beach Multi-Family DUPLEX income property FOR SALE please click this live link!
Laguna Beach is located in the south Orange County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. There is also no rent control in Laguna Beach.
Laguna Beach’s population was 23,176 as of 2012. The estimated median household income in 2011 was $94,648 (it was $75,808 in 2000). This is larger than the California median which was $57,287 in 2011.
Laguna Beach has large professional, scientific, and technical industries which comprise 16.5% of all industries in the city, which is twice that of the California average. Approximately 48% of its residents are in a management or professional specialty. Tourism, the arts, and resident serving businesses comprise the main component of the Laguna Beach economy. The top two employers are South Coast Medical Center (565 employees) and Surf and Sand hotel (320 employees).
The city also enjoys being close to a variety of conveniences. The nearest major airport is John Wayne Airport. This airport has international and domestic flights from Santa Ana, California and is 15 miles from the center of Laguna Beach. Its local hospital is South Coast Medical Center, but there is also a Kaiser and Medical Center 6 miles away in Anaheim. Laguna College of Art and Design is its local college, but there are many others nearby including the University of California Irvine (about 10 miles) which have around 26,000 full time students enrolled.
Laguna Beach has many attractions, including the Heisler Park, where you can take a half-mile walk on the bluffs of Laguna Beach to see the spectacular Pacific Ocean. The Laguna Art Museum is one of the oldest museums in California featuring local art. For shopping go to the Boutique Shops on Forest Avenue where you can find jewelry, clothes, rare items, and furniture.
All of these features make Laguna Beach a great city to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, growing community has great attractions, a healthy work industry, and above average rent. The density of the city and the desire for people to live here, make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.
Also serving other Orange County Cities.This information was gathered from www.lagunabeachcity.net,city-data.com, and wikipedia.Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for sale in Laguna Beach.