691 Sleepy Hollow $46,594,000

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    691 Sleepy Hollow Laguna Beach, CA 92651

    • 22,300 sq. ft.
    • 0.79 Acres
    • Commercial Sale
    • MLS# NP20115671
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    Views: 52 Days On Market: 54

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    Property Details

    REAL ESTATE PORTFOLIO SALE: This is a once in a lifetime opportunity to acquire an assemblage of trophy Ocean view properties positioned in the heart of Laguna Beach. Most of the eight parcels have direct, unobstructed ocean views including twenty-three residential units and two retail spaces fronting South Coast Highway. One of the retail spaces could be used as a lobby where everything can be easily managed and the other could be a gift shop or leased to a tenant. Each unit is completely furnished with a fully outfitted kitchen and most have direct access to the beach. This portfolio combines The Sunset Cove Villas consisting of (8) luxury 1 to 3 bedroom villas, The Retreat in Laguna which consists of (8) 1 bedroom hotel suites and a mixed-use property at 689 S Coast Hwy with (2) retail spaces totaling 1,200 SF fronting South Coast Highway that can easily be utilized as a lobby or for additional tenants with a 3 bedroom long-term (30+ day stay) residential unit upstairs. Also included are the (2) units at the Duplex at 689 Sleepy Hollow Lane and the Cliff & Cedar building comprised of (4) luxury 2 to 3 bedroom condos.

    • General Features
      • County Or Parish Orange
      • Number Of Buildings 5
      • Number Of Units Leased 25
      • Number Of Units Total 25
    • Building Features
      • Cooling Central Air
      • Heating Central
      • Laundry Features Common Area,Dryer Included,Individual Room,Washer Included
    • Property Features
      • Lot Features 21-25 Units/Acre
      • Lot Size Acres 0.78
      • Parking Total 29.00

    Contact

    Ryan Dimang

    Ryan Dimang

    REALTOR®

    01793390

    Bixby Knolls Branch Office DRE 00338699

    Cell: 702-353-5035

    Neighborhood

    92651 (Laguna Beach) Demographics

    50 Median Age
    1,265 Population Density (per sq. mile)
    73% College Educated
    $103,191 Estimated Median Income
    7,011 Estimated Total Home Owners
    4,355 Estimated Total Renters
    62% / 38% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    24,612 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $2,240,000 Median Sales Price
    49 Homes Sold
    64 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $46,594,000
        6/15/2020 5:53:00 PM New in Database Source New Value: $46,594,000

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        Based on information from California Regional Multiple Listing Service, Inc. as of 8/8/2020 3:08:14 PM. 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. 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, 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.