Description
370 loma terrace is a well-maintained triplex located on a prime corner lot in the heart of downtown laguna beach. this property's location is walkable to all the shops and restaurants on forest avenue, broadway, main beach and surrounding areas. it doesn't get much better.
the property features two 1-bedroom/1-bathroom units upstairs and a spacious 2-bedroom/1-bathroom unit downstairs with an attached two-car garage. there is additional off-street parking for four more vehicles. each unit offers clean interiors, off-street parking, and access to a large shaded patio. the exterior has been recently painted. although the location is close to the vibrant downtown area, it is situated on a relatively quiet, low-traffic street. with excellent long-term tenants in place paying close to current market rents, a new investor can take over with little hassle. built in 1948 on a 4,356 sq. ft. lot, it is a low-maintenance, well-performing investment in a highly desirable coastal market.
residents of laguna beach enjoy stunning coastal landscapes, pristine beaches, and dramatic cliffs with 80 miles of hiking/biking trails and countless choices for gourmet dining. the city boasts almost 7 miles of pacific coastline, featuring over 30 unique beaches and coves that provide endless opportunities for outdoor exploration. it is famous for its vibrant artistic community, galleries and world-renowned pageant of the masters. this tight knit community is proud of its world-class school system and a robust athletic program. residents enjoy an unparalleled lifestyle rich in natural beauty and unique experiences.
Property Type
Residential IncomeCounty
OrangeStyle
Residential IncomeAD ID
48398040
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Fireplace: None
Cooling Features
- None
- Air Conditioning
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1948
- Building Area Total: 2,056
Pool Features
- None
Laundry Features
- Common Area,Laundry Closet
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1
- Lot Size Source: Assessor
- Lot Size Square Feet: 4356
-
Listing Information
Listing Price Information
- Original List Price: 3,250,000
- Listing Contract Date: 2025-01-21
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 64127235
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas,Insurance
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: LV - Laguna Village
- Directions: Broadway to Forest Ave., left on Loma Terrace follow to right, property will be on your left
- Source Property Type: Residential Income
- Area: LV - Laguna Village
- Property SubType: Triplex
Building and Construction
- Property Age: 77
- Common Walls: 1 Common Wall
- Structure Type: Triplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1 & 2
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
Statistics Bottom Ads 2
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BuyOwner last updated this listing 01/31/2025 @ 09:51
- MLS: LG25015318
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 3 bedrooms which is for sale, it has 2,056 sqft, 4,356 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Laguna Beach , in zip code 92651, this Orange County Home , it is in the South Laguna Village (SLV) Subdivision, are nearby neighborhoods.