Laguna Beach, CA 92651,136 Cliff DR
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Laguna Beach, CA 92651,136 Cliff DR
Laguna Beach, CA 92651,136 Cliff DR
Laguna Beach, CA 92651,136 Cliff DR
Laguna Beach, CA 92651,136 Cliff DR

$9,800,000

Est. payment /mo

$10,195,000

3.9%
Est.Price: ?

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136 Cliff DR Laguna Beach, CA 92651

11,588 SqFt

SOLD DATE : 11/13/2020

Key Details

Sold Price $9,800,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 11,588 sqft

Price per Sqft $845

Subdivision Main Beach (Bch)

MLS Listing ID PW20101787

Sold Date 11/13/20

HOA Y/N No

Year Built 1956

Lot Size 0.320 Acres

Acres 0.3203

Property Description

We are delighted to offer a truly iconic piece of Laguna Beach: 136 Cliff Drive & 145 Cedar Way, a 17-unit multifamily property perched upon a hill in the heart of the city. Also known as Twin Palms, the property is situated in one of the best locations within Laguna Beach, just steps to the world famous Main Beach, Pageant of the Masters, the Sawdust Festival, and countless seaside shops, cafes, and nightlife entertainment options. Twin Palms reflects true pride of ownership, and has been lovingly and thoughtfully maintained and upgraded by the same family for almost 60 years. 16 of the 17 units have received varying degrees of renovations in the last decade, some with spec-home-caliber finishes and amenities. The property also boasts a charming courtyard with tiered gardens, as well as two sun decks offering priceless and breathtaking views of the waves and the Village. Seldom do opportunities such as this become available, and it would be a crowning addition to any investor’s portfolio.

Location

State CA

County Orange

Area Lv - Laguna Village

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 14

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks

Total Parking Spaces 14

Private Pool No

Building

Lot Description Item1620UnitsAcre

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 49609320

Acceptable Financing Cash, CashtoNewLoan, Item1031Exchange

Listing Terms Cash, CashtoNewLoan, Item1031Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Damien Breaux • Morgan Skenderian
Bought with Todd Hawke • Keller Williams - Santa Monica

Jessie Rodriguez

Owner | Realtor | License ID: 01418054

+1(909) 657-1022

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