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$12,350,000

Est. payment - /mo

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12,307 SqFt

Active

222 Arch ST Laguna Beach, CA 92651

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,307 sqft

Price per Sqft $1,003

MLS Listing ID 25509615

HOA Y/N No

Year Built 1971

Lot Size 0.310 Acres

Property Description

222 Arch Street in Laguna Beach is a 13-unit complex nestled atop Pacific Coast Hwy overlooking the Pacific Ocean in one of the premiere coastal housing markets in the nation. Built in 1971, this complex has an outstanding unit mix of 100% two- and three- bedroom units, with an average square foot per unit of almost 1,000 square feet. All units have a luxurious ocean view and in unit stacked washer and dryer. Units also have private balconies and individual rollup door garage parking. There have been recent interior renovations including new granite countertops and cabinets, new flooring, new custom bathroom tile, vanities and lighting. The stainless-steel appliance package includes stovetop oven, built in microwave, dishwasher, sink and faucet, and refrigerator. The updated exterior has a nice sign package, double pane vinyl windows and an interior courtyard with seating area and BBQ. The property's Class A location in Laguna Beach puts the property near major retail, educational and employment opportunities. 222 Arch street is short walk to many small beaches, Surf and Sand Resort Laguna Beach and the Montage Laguna Beach. Continuing in either direction takes you to Main Beach Laguna and Dana Point Harbor. The mild climate, walkable main beach area, scenic coves, and great beaches make Laguna Beach one of the most desirable communities for everyone. There is approximately 380 square feet of space that was previously used as a laundry room and a storage room, both of which have active plumbing and drainage. The space also includes electrical wiring, recessed lighting, and two slider windows that could be suitable for a living area and a bathroom. The former laundry room could potentially be converted into a bathroom, and the shared plumbing wall may allow for the installation of a kitchenette in the larger storage room. As a studio layout, no additional walls would be required aside from a door separating the two rooms. The drywall and lighting were recently completed with permits and inspected by the city. If converted into an ADU, there would still be an additional small storage area available near Unit 10 for essential building supplies.

Location

State CA

County Orange

Area Lv - Laguna Village

Zoning R3

Interior

Fireplace No

Exterior

Total Parking Spaces 14

Building

Story 3

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 65611206

Special Listing Condition Standard

Listed by Daniel Withers • Matthews Real Estate Investment Services

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