370 Loma Terrace

Laguna Beach, CA 92651

$3,250,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1948

calendar_month Built

Property 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.

Listing Information

List Price $3,250,000
Status Active
MLS LG25015318
HOA $0
Type Residential Income
Subtype Triplex
Year Built 1948
Lot Size 4,356
Structure Size N/A
DOM 2
Courtesy Of Laguna Beach Properties
Listing Agent David Csira DRE#01491451
Co-Listing Agent Josephine Torbensen DRE#02205761

Interior Features

Laundry Information
Location(s) Common Area, Laundry Closet
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Views None

Maps

Listing information courtesy of: David Csira, Josephine Torbensen, Laguna Beach Properties 949-500-3283. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 23rd, 2025 at 2:56 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.