Views
Address
136 Cliff Drive Laguna Beach, CA
Price
$ 12,485,000
Property Attributes
  • MLS#PW20101787
  • TypeIncome
  • CountyORANGE
  • CityLaguna Beach
  • AreaLaguna Village
  • NeighborhoodMain Beach
  • Zip92651
  • Style
  • Price$ 12,485,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11588
  • Lot Size0.32 Acres
Listing Provided Courtesy Of:
Damien Breaux with Morgan Skenderian.
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.

Price History
5/28/2020 Listed $12,485,000

General Features

Attached Structure Detached
Community Features Curbs, Sidewalks, Storm Drains, Street Lights
Directions North of Laguna Canyon Road & East of Pacific Coast Highway
Listagentaor Pacific West
Listing Agent Damien Breaux - BRE#01460301
Listing Agent State License 01460301
MLS Area LV - Laguna Village
Price Per Square Foot 1077.41
Source System CRMLS
Special Listing Conditions Standard
Subdivision Name Main Beach (BCH)
Subdivision Name Main Beach (BCH)
Total Units 17

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Laundry Features Community
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 11588.00
Carport Spaces 14.00
Garage Spaces 0.00
Lot Features 16-20 Units/Acre
Lot Size Acres 0.3203
Lot Size Area 13952.0000
Lot Size Source Assessor
Lot Size Square Feet 13952.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 18
Number of Separate Gas Meters 18
Number of Separate Water Meters 1
Pool Features None
Sewer Public Sewer
Total Parking 14.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92651

Price
AVG $7.75M
$12.49M
Visits
AVG 51
67
Year Built
AVG 1957
1956
Walkscore
AVG 80
90
Data Provided by Walkscore ® not using MLS data

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